Belgium, Kingdom of (Press Release) August 21, 2007 --
A powerful new online automobile retailer, Vehiko.be, designed to ease the car buying process for consumers and dealers in Europe, will launch on the Internet mid 2007.
The distinctive difference between this website and other online car retailers is that the quotes offered by dealers are presented in an open market style. “This website enables consumers with predetermined specifications to obtain the most competitve up-front quotes on exactly what they want without stepping into a car dealership,” says David Dehaeck, founder and MD of Vehiko.be. “It is an open business structure, fully designed to benefit from the advantages of the block exemption for european car shoppers, furthermore helping consumers avoid heavy, often one-sided negotiations with car dealers, yet offering car dealers a ready customer.”
Consumers wishing to purchase new vehicles through the website complete a purchase request specifying the type of vehicle and accessories desired. The purchase request is then listed on the website enabeling participating dealerships to compete for the business. Typically, consumers receive firm and competitive online offers from dealers within 24 hours. The site charges consumers only Euro 75 for the obtained savings over the MSRP and dealerships are not charged, meaning Vehiko is working to obtain the best conditions for it’s consumers and not just selling sales leads to dealerships. In addition, participating dealers can offer better discounts since they reduce their average per vehicle marketing costs they significantly reduce dealers' labor and marketing costs attributable to a vehicle sale.
Vehiko.be is the most powerful and technologically advanced vehicle retailer to launch on the Internet. The site promises to finally meet the needs of both automobile consumers and dealerships alike providing a perfect win-win situation for both. “The site gives 100% power to the consumer including consumer feedback options,” Dehaeck says, “but it’s also an opportunity for dealers to efficiantly interact with motivated buyers ‘off the shelf’.”
The distinctive difference between this website and other online car retailers is that the quotes offered by dealers are presented in an open market style. “This website enables consumers with predetermined specifications to obtain the most competitve up-front quotes on exactly what they want without stepping into a car dealership,” says David Dehaeck, founder and MD of Vehiko.be. “It is an open business structure, fully designed to benefit from the advantages of the block exemption for european car shoppers, furthermore helping consumers avoid heavy, often one-sided negotiations with car dealers, yet offering car dealers a ready customer.”
Consumers wishing to purchase new vehicles through the website complete a purchase request specifying the type of vehicle and accessories desired. The purchase request is then listed on the website enabeling participating dealerships to compete for the business. Typically, consumers receive firm and competitive online offers from dealers within 24 hours. The site charges consumers only Euro 75 for the obtained savings over the MSRP and dealerships are not charged, meaning Vehiko is working to obtain the best conditions for it’s consumers and not just selling sales leads to dealerships. In addition, participating dealers can offer better discounts since they reduce their average per vehicle marketing costs they significantly reduce dealers' labor and marketing costs attributable to a vehicle sale.
Vehiko.be is the most powerful and technologically advanced vehicle retailer to launch on the Internet. The site promises to finally meet the needs of both automobile consumers and dealerships alike providing a perfect win-win situation for both. “The site gives 100% power to the consumer including consumer feedback options,” Dehaeck says, “but it’s also an opportunity for dealers to efficiantly interact with motivated buyers ‘off the shelf’.”

A powerful new online automobile retailer, Vehiko.be, designed to ease the car buying process for consumers and dealers in Europe, will launch on the Internet September 3, 2007.
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