BidMyCar came to us with a web concept designed to revolutionise car shopping in Australia. The online model allows the buyer to enter the details of the car they want, a panel of dealers submit their best offer, the consumers selects the best deal and drives away with the lowest price.
At the time Tauro was engaged BidMyCar had not developed the website, only had a preliminary business plan but had a great idea and an impressive management team. With $500,000 was raised from high net worth investors in just a few weeks enabled the Company to develop the site and commence trading.
The capital raising sits at $800,000 and the Company recently launched the platform and has commenced trading – if you’re in the market for a new car, go to www.bidmycar.com.au to see how it works!