We are excited to announce that Best Startup voted LetYouKnow’s CTO, Aaron Shao as one of the 101 Top CTO’s in the E-Commerce Space! He is also one of the inventors (along with Boris Zhukov) of LetYouKnow’s patented technology that matches new car buyers to new car dealerships.
Why is this technology so amazing? Buying a new car is a hassle and stresses out most people. You spend A LOT of time researching, then calling, emailing dealerships and then many people visit the dealership, for what could be hours, trying to negotiate so you can pay the price you want to pay. Negotiations are uncomfortable for most people. I heard about LetYouKnow before I joined the team and I thought this is amazing & right up my alley as a consumer. I have anxiety speaking to the salespeople, because they are so good at their jobs, they will typically work to talk you into a better model and into spending more money, because, let’s be real, that is their job. You want the car, but don’t want to jump through all kinds of hoops and pay some weird fees that you have never heard of. Also, if the sales person senses you aren’t confident (a good salesperson can always read you), then you have probably lost the negotiation. Then you really have nowhere to come back from that defeat.
The no more negotiating is just one of the things that makes LetYouKnow so amazing and revolutionary! That right there, I love! Secondly, prices are transparent. ALL dealer fees are included in the price that you bid (or view on LetYouKnow). There are no surprise fees once you go to the dealership to complete your transaction and get your car. The price does not included taxes or license plate/registering fees, but you have to pay those fees matter what. Third, when the dealer lists it’s cars on our dealer portal, dealers are anonymously listing their vehicles, meaning they do not have to mark down the entire model of cars on their lot. If they need to get rid of one car, they can offer a deep discounts on just that car to sell it immediately, to make room for more inventory. If you are looking for that car, then you benefit by getting these deep discounts! It is truly a win-win situation! Fourth (I could go on and on…), you don’t have to call, email or even go to the dealership to have the car reserved! We do all of this for you. You build your car, name the price you want to pay, enter in your zip code and search radius and submit. Included in the price you bid is our service and reservation fee, which includes a partial prepayment for your car to reserve it for you! Boom, that is it! You will get an instant response if your price bid worked. If your price bid isn’t accepted, you can try your price again! Wait, where do you price haggle and negotiate with the dealer?? That doesn’t happen!! If your price is accepted, you will receive an email with the dealer’s information and all you have to do is go and take care of the remaining balance, it is a done deal and the car is yours! No stress and/or anxiety! Wouldn’t it be great if you could buy everything this way? Don’t worry, we are working on that! Go to LetYouKnow.com to see how it works and check out our growing inventory! Or download our Android app!