- Doug DeMuro and Blake Machado launched Cars & Bids in June 2020, connecting an automotive audience with a place to buy and sell enthusiast cars.
- The current buyer fee is 5%, with a $250 minimum and $7,500 maximum. Listing is free for sellers.
- A marketplace needs qualified supply, buyers and transaction support. A large following can help attract them, but operating the business takes more than posting.
How did Doug DeMuro turn car reviews into a business?
What purchase does your audience already trust you with?
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The product gives the content a destination
How does Cars & Bids make money?
| Winning bid | Buyer fee | Bid plus buyer fee |
|---|---|---|
| $20,000 | $1,000 | $21,000 |
| $100,000 | $5,000 | $105,000 |
| $200,000 | $7,500, capped | $207,500 |
The work continues after someone clicks bid
Could a creator with 50K followers use this model?
Build around the decision your audience brings you
Turn a repeated customer problem into a business you own
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