# LetYouKnow – Bid On New Cars — Your Price. Instant Answer > Reverse auction platform for negotiating and purchasing new vehicles. (iPhone/iPad app by LetYouKnow, Inc..) - Source: https://appshunter.io/ios/app/letyouknow-bid-on-new-cars/id1605537332 (this page in markdown: same URL + `.md`) - Developer: [LetYouKnow, Inc.](https://appshunter.io/developer/1590842884) - Category: Shopping - Price: Free - Rating: 5.00/5 from 5 App Store ratings · 3 written reviews indexed - Age rating: 17+ - Requires: iOS 15.0 · 63 MB - Languages: American English - Released: 2022-06-03 - Data updated: 2026-08-29 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/letyouknow-bid-on-new-cars/id1605537332/reviews.md ## What is LetYouKnow? Bid your own price on a brand new car and get an instant result. Dealerships don’t receive your contact information, keeping you anonymous so you don’t receive sales calls or emails until your Bid is accepted and the car is reserved. HOW IT WORKS Build your exact car by make, model, trim and configuration. Find the best price you can, then submit an even lower Bid. Your bid includes all dealer and platform fees. Get an instant result. If your bid is accepted, your price is locked in and the vehicle is reserved for 10 calendar days. If your bid is not accepted, there is no charge. You may adjust your bid and/or vehicle options and try again. WHY BUYERS CHOOSE LETYOUKNOW Stay anonymous while bidding. Dealerships do not receive your contact information or contact you until your Bid is accepted and the vehicle is reserved. Avoid awkward negotiations and back and forth. Bid your own lower price and get an instant result. If your Bid is accepted, your price is locked in with all dealer and platform fees included. Applicable government fees such as sales tax, title, registration and licensing are added separately. If your Bid is not accepted, there is no charge. You can adjust your Bid amount and/or new car options and try again. Certain brand new cars may not be available in all locations. Check back often as we are frequently adding new dealerships to our Dealer Network. SHIP TO ME When Ship to Me is available and selected, shipping is shown at checkout and included in your Bid. Many brand new cars have free shipping. If your bid is accepted, your new vehicle will be shipped to you after you finalize your transaction with the matched dealership. If you don’t select Ship to Me, finalize your transaction and pick up your new car at the matched dealership within your selected search radius. BOTTOM LINE Search with AI to find the best price you can, then bid an even lower price on a brand new car on LetYouKnow and get an instant result. Dealerships don’t receive your contact information, keeping you anonymous so you don’t receive sales calls or emails until your Bid is accepted and the car is reserved. If your Bid is accepted, your price is locked in with all dealer and platform fees included. Government fees such as taxes, titling fees and licensing fees aren’t included in the price you bid. LetYouKnow, Inc. holds three U.S. patents, one Taiwan patent and a Canadian patent pending. LetYouKnow®, Knowledge Saves®, eKnow® and On The Go, On Your Terms® are registered trademarks of LetYouKnow, Inc. LetYouKnow is headquartered in Seattle, Washington and serves buyers shopping for brand new cars across the United States. ## Key features - 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 ## Recent user reviews (3 of 3) All indexed reviews: https://appshunter.io/ios/app/letyouknow-bid-on-new-cars/id1605537332/reviews.md ### 5/5 — Made my Best Car Deal Ever *2025-11-04* 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!!! ### 5/5 — Fabulous Service *2024-12-19* 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. ### 5/5 — It saved me a lot of money! *2022-07-31* 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. ## Frequently asked questions about LetYouKnow ### 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. ## Version history (last 5 releases) ### 1.0.36 — 2026-08-28 This update includes performance improvements, a streamlined car builder and a more intuitive bidding experience. ### 1.0.35 — 2026-08-10 This update includes performance improvements, a streamlined car builder and a more intuitive bidding experience. ### 1.0.34 — 2026-08-03 This update includes performance improvements, a streamlined car builder and a more intuitive bidding experience. ### 1.0.33 — 2026-07-31 This update includes performance improvements, a streamlined car builder and a more intuitive bidding experience. ### 1.0.32 — 2026-06-26 We've made improvements to streamline your price bidding experience! ## Apps similar to LetYouKnow | App | Rating | Price | Category | | --- | --- | --- | --- | | [Cars & Bids Auctions](https://appshunter.io/ios/app/cars-and-bids-auctions/id1589512351) | 4.9 (5,614) | Free | Shopping | | [TrueCar Used Cars and New Cars](https://appshunter.io/ios/app/truecar-used-cars-and-new-cars/id624714390) | 4.7 (46,671) | Free | Shopping | | [Edmunds - Shop Cars For Sale](https://appshunter.io/ios/app/edmunds-shop-cars-for-sale/id393630966) | 4.7 (25,436) | Free | Shopping | | [Used Car Search Pro - iSeeCars](https://appshunter.io/ios/app/used-car-search-pro-iseecars/id1039018770) | 4.7 (1,933) | Free | Shopping | | [Autolist - Used Cars for Sale](https://appshunter.io/ios/app/autolist-used-cars-for-sale/id1058636900) | 4.8 (76,050) | Free | Shopping | | [AutoBids: Car Auctions](https://appshunter.io/ios/app/autobids-car-auctions/id1607687191) | 4.4 (38) | Free | Shopping | ## More apps by LetYouKnow, Inc. - [LetYouKnow Seller: Get Buyers](https://appshunter.io/ios/app/letyouknow-seller-get-buyers/id6443912244) All apps by LetYouKnow, Inc.: https://appshunter.io/developer/1590842884 ## Related topics [bids cars](https://appshunter.io/ios/topics/bids-cars) --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-29.*