LetYouKnow – Bid On New Cars

LetYouKnow – Bid On New Cars

Feel Empowered – Get Your Deal

5 ratings
3 reviews
Free

Details

  • Released
  • Updated
  • June 3, 2022
  • June 26, 2026

Features

LetYouKnow – Bid On New Cars screenshot #1 for iPhone
LetYouKnow – Bid On New Cars screenshot #2 for iPhone
LetYouKnow – Bid On New Cars screenshot #3 for iPhone
LetYouKnow – Bid On New Cars screenshot #4 for iPhone
LetYouKnow – Bid On New Cars screenshot #5 for iPhone
LetYouKnow – Bid On New Cars screenshot #6 for iPhone
LetYouKnow – Bid On New Cars screenshot #7 for iPhone
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About

This app facilitates new car purchases through a reverse auction process, allowing users to name their own price. It also offers tools to search for existing deals and find vehicles within a specific radius, aiming to make car shopping stress-free.

Reverse auction for new car purchases
Submit your own price for vehicles
Search for existing car deals
Find deals within a 100-mile radius
10-day transaction completion window
Referral program for LYK Dollars
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What's New in LetYouKnow

1.0.32

June 26, 2026

We've made improvements to streamline your price bidding experience!

User reviews

Made my Best Car Deal Ever

Submit a price you want to pay for a new car and see if any of the car dealers all over US will match your price!!!

Fabulous Service

I’ve just started in my search for a new vehicle and Let You Know has been a fantastic tool in searching for pricing in and out of my local area. Quick searches for the specific vehicle I’m looking for and many others for comparison shopping. I plan to continue utilizing this app/service to ultimately purchase a new vehicle at a price point I’m comfortable with.
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It saved me a lot of money!

With the current car market, prices are completely unrealistic. I been searching for an SUV for over a year now. I was running out of options until I discovered LYK. At first, I was unsure about the process, as bidding on NEW cars is a completely new idea for me, but Boris explained to me all the steps.

You essentially bid your maximum price that includes the MSRP + Dealership charges. Taxes and other government fees are not included, but you are provided an estimate by LYK once your bid is accepted, which was 99% accurate for me. Therefore, when I arrived to the dealership, I didn’t deal with any surprises. Everything was consistent.

To break it down:
I got a Mazda 2022 CX-5 S for $30k (+$1,680) taxes and gov fees), while in my state the msrp are anywhere between $32k - $37k, so you know you are going to end up paying even more.
I traveled with my wife to Florida to pick it up, and we were driving out with the new car less than 2 hours.

My only advice is to still communicate with the actual dealership and request for an itemized bill from them to confirm that they are consistent with LYKs estimate.

I really enjoyed the process, and plan to do this again for my second car when the prices cool down.
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Developer apps

FAQ

How does LetYouKnow's reverse auction work?

In the reverse auction, you research your desired car, submit a price you're willing to pay (ideally lower than market value), and the platform attempts to match you with a seller. If your bid isn't accepted, there's no charge, and you can try again.

What is the 'Submit Your Price' feature in LetYouKnow?

This feature allows you to name your own price for a new vehicle. You build your car specifications, enter your desired price, and receive an instant result for potential matches.

Can I see cars with set prices on LetYouKnow?

Yes, the 'Search Deals' feature lets you view new car deals with stated prices. You build your car, enter your zip code and search radius to find available offers.

How long do I have to complete a car transaction after a match?

Once you commit to a transaction by paying the service and reservation fee, you have 10 days to complete the purchase and pick up your car from the matched dealership.

Does LetYouKnow charge if my submitted price isn't accepted?

No, if your price bid is not accepted through the 'Submit Your Price' feature, your card will not be charged, and you are free to try again.

What is the referral program for LetYouKnow?

The referral program incentivizes you to refer friends and family. For each person you refer who completes a new car transaction, you receive $100.00 in 'LYK Dollars' for future use on the platform.

Is LetYouKnow available on all devices?

Based on the data, LetYouKnow is supported on iPhone and iPod devices. Compatibility with other platforms like Android is not specified.

How often is LetYouKnow updated?

The app was last updated on March 14, 2026, indicating a recent update. The frequency of updates prior to this is not detailed.