SOURCE: SMA Alliance

SMA Alliance

August 28, 2012 08:00 ET

The Auto Industry Is Changing: Consumers Now Will Name Their Price to Buy a Vehicle

NASHVILLE, TN--(Marketwire - Aug 28, 2012) -  SMA Alliance, Inc. (PINKSHEETS: SMAA) is releasing a sneak preview of the company's highly anticipated technology that will give consumers the upper hand in price negotiations when purchasing a vehicle without legally binding them to a contract.

The most recent edition of the software application is called CABiD and is currently being tested in beta before its initial release to the automotive sector. The software technology is introducing a new concept to negotiation listed as a "CABiD" (a sneak peak of the design can be viewed at cabid.co). Once beta testing is complete, the full development of the platform will be hosted on cabid.net.

A CABiD is defined as the price that consumers will now be able to enter as the price they are willing to paying for a specific new or pre-owned vehicle. Dealerships and manufactures will have to compete to give the buyer the best possible options as the consumer is not legally bound by their CABiD and can accept the best deal offered to them in the software application of the CABiD pre-negotiation stage.

"As we begin testing of this new technology, we are passionate about our efforts to provide automotive software that preserves the consumer's best interests as well as providing fair market competition between dealers and manufacturers to establish fair market prices coupled with quick, exemplarily customer service," stated Tim Stephens, C.E.O. of SMA Alliance. 

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Contact Information

  • Contact:
    SMA ALLIANCE, INC.
    Investor Relations
    1.888.330.6623