AutoeBid

AutoeBid is a UK based reverse auction site for buying cars. The company claims to be the first to offer a reverse auction platform for buying new cars in the UK and the world. The competition between the dealers results in an average 24% savings for customers.

In 2004 AutoeBid won an e-Commerce Award from the Department of Trade and Industry and was short listed among the finalists of the Thames Gateway Awards in 2006.

In 2006 the company was among the first to introduce a carbon offset programme in cooperation with Climate Care paying it to offset 3 tonnes of CO₂ for each car purchased via the system.