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CarsDirect Update from Universal (archive)

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Posted by FrankRizzo on April 18, 1999 at 21:48:15:

Guys, I just got an E-Mail from "Universal" who posted here about CarsDirect. His dealer got the check from CarsDirect, and they have deposited it. They are expecting to get confirmation from the bank that it cleared tomorrow. If that happens, then we have PROOF that these guys are legit. I, personally, am waiting on a letter from the dealer in PA. Once it comes in, I'll fax it to CarsDirect, and they are supposed to cut my dealer a check. I am honestly SHOCKED that these guys are doing this! They are shelling out an average of $3K per person! I guess their investors have DEEP pockets. I hope it pays off for them!

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