Gilt Gives The Ultimate Auto Deal For Christmas: $10,000 Off A Jetta

Leena Rao

Leena Rao is currently a Senior Editor for TechCrunch. She recently finished graduate school at the Medill School of Journalism at Northwestern University, where she studied business journalism and videography. From 2004 to 2007, she helped lead Congresswoman Carloyn Maloney’s community outreach and relations efforts in New York City. She graduated from Columbia University in 2003, where she was... → Learn More

Monday, December 13th, 2010

It looks like you’ll soon be able to shop for cars on flash sales sites. Gilt Groupe has just announced a first-ever auto flash sale of a Volkswagen Jetta on the site.

Beginning on Wednesday of this week, Gilt will sell 3 brand new 2011 Jettas to members at $5,995, which is down from a starting list price of $15,995. The company says the flash sale will take place over three days, signifying the first car sale on a flash sales site.

One interesting twist to the sale is that on Wednesday it will only be available on Gilt’s mobile apps, which include offerings for the iPhone, iPad, and Android devices. On Thursday and Friday of this week, Gilt will extend the sale to its website.

Part of the proceeds from the Jettas sold will be donated to the charity Dress for Success and members who attempt to buy the car will also be given some sort of deal/coupon that can be used at Volkswagen dealerships.

The idea of selling cars through a flash sales model is definitely compelling; though I’m curious how much money Gilt and the auto maker pockets from the sales. This could also be a good way for eBay to apply a flash sales model to its popular car sale site eBay Motors.

Company: Gilt Groupe
Website: gilt.com
Launch Date: 2007
Funding: $236M

Headquartered in New York, Gilt Groupe is a privately held company dedicated to providing its members with access to coveted fashion and luxury lifestyle brands at sample sale prices. Gilt Groupe includes sales for men, women, and home as well as Gilt City (geo-specific), Gilt Taste (food), and Jetsetter (travel). Gilt Groupe hand selects both established and up and coming brands relevant to its membership base. Each Gilt Groupe Shopping Event is designer-specific and held over a one day...

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