Let's YEEP! Save TIME and MONEY on your next car!
We auction premium used cars, in a way you've never seen before!
Yeep vehicles are auctioned once a week
Bidder puts down $500 deposit to bid on the vehicle.
Deposit will be fully refundable if bidding was not successful, and will be applied to the purchase price of the vehicle if won
Once the auction is closed, the highest bidder wins, but he/she only has to pay the price offered by the second best bidder
Winner of the bid has 3 business days to pay the balance. We accept ACH transfer or cashier's check
As soon payment is cleared, Yeep will deliver the car to your door step at your earliest convinience
Fill out the form below to schedule an inspection
After we inspect your car, we'll provide you a "fair price window", which is typically the dealer trade-in price to the dealer sell price
Let's call the difference between the prices the "dealer mark-up"
Your car will start the auction at dealer trade-in price + 10% of "dealer mark-up"
You continue to drive your car while it's being auctioned
Once your car is successfully sold in the auction, we'll send someone pick up the car, give it a final touch-up, and send it to the buyer
You will be paid within 3 business days of the sale
A year ago, I moved to Michigan from New York City.
I grew up in a mega city and lived the first 26 years of my life without knowing how to drive. Now, only a few month after getting my driver's license (on the 4th try), I was faced a challenging project: buy my first car!
I started by looking into used cars. I browsed a few listings on craigslist, but had no clue on whether those cars were reliable. I also visited a few dealerships. In the first dealership I visited, I was given a "limited time offer" and was asked to make a decision on the spot... Of course I wouldn't fall on such typical tricks. But after a few high-pressure sales pitches, I felt tired. I just wanted to get a car and why did have to be so hard?
I ended up leasing a new vehicle. Not because I like riding on the steepest part of the depreciation curve, but because I couldn't stand the cognitive load of comparing the myriads of used vehicles that are each a snowflake of its own.
My experience prompted me to ask myself the question: "Why can't we make it simple?" What if the buyer can transact directly with the private seller, yet still have confidence in the quality of the car as if we are getting a certified pre-owned vehicle?
Inspired by the California startup Beepi.com, I decided to found Yeep. Yeep helps car buyers solve the most critical problems:
1. Uncertainty about the car's quality - Yeep only sells high quality used cars of the recent 6 model years. Every vehicle sold on Yeep had gone through a thorough check. If we don't think it's a car that we would recommend to a friend, we don't sell it to you. It's that simple:)
2. Ordeal of haggling with the seller, be it a dealer or an individual - On Yeep, no haggle is needed. Yeep will define a "suggested price range" to ensure the transaction price is equitable to both parties. You just put down your offer and enjoy your day!
3. Buyer's remorse - Yeep auctions are second price auctions. That means the best bidder wins the bid, but only needs to pay the second highest bidder's bid. This way you wouldn't lose sleeping thinking: "What if I bid $100 lower?" Because you know somebody is willing to pay what you have paid for the car.
What does Yeep get out of it? A suggested donation of 5% of the sale price. For a $10,000 car it's only $500. After all the amazing things we brought to you, we deserve a little tip, don't we?