Real estate site ForSaleByOwner.com is launching Cars.ForSaleByOwner.com, an online auto marketplace to connects car buyers and sellers.
The new site will provide listings for both new and used cars, trucks and motorcycles. The site will offer access to vehicle history reports.
“Cars are a natural extension of our core business,” said Colby Sambrotto, COO of the New York-based company, in a statement. He added that the site look to expand into other “big-ticket” categories during 2004.
ForSaleByOwner.com saw its traffic grow by nearly 100% in 2003. The company, which is currently rolling out a national advertising and marketing campaign, also increased revenues over 150% in the last year.