NEWS
Business

Bidbus Hits the Gas: $58M+ GMV Milestone and Our Official Texas Launch

January 2, 2026
Alex Weinberg
Chief Marketing Officer

The era of the lowball trade in is officially over.

Today we are thrilled to announce a major milestone in our mission to fix the broken used car market. In 2025 alone, just four months after closing our seed round led by Mucker Capital, Bidbus has officially surpassed 2,011 vehicles sold and cleared more than $58.1M in Gross Merchandise Value (GMV).

But we are not just celebrating numbers. We are celebrating expansion.

Hello Lone Star State

Starting tomorrow, December 19th, Bidbus is officially live in the Dallas Fort Worth market. Texas is famous for its car culture and we are arriving just in time to give DFW sellers a better way to cash in. Our first official Texas auction is set for December 31st.

Why Bidbus is Crushing the Giants

For years selling a car meant choosing between two bad options: the headache of a private sale or the convenience of an instant offer from wholesale giants like CarMax or Carvana or a dealer trade in. These offers often leave thousands of dollars on the table.

Bidbus is the third way, flipping the script by making dealers compete for you.

The 2 Hour Blitz: We host live high energy auctions 3x a week. In just 120 minutes your car is shown to a pool of nearly 1,000 verified dealers.

The Perfect Match: Instead of one generic offer your vehicle typically hits 10 to 15 dealers whose specific buying profiles match your car perfectly. Because they know they can turn your specific inventory quickly they pay a premium often at or above market value

Zero Risk High Reward: We charge a flat $300 fee for sales under $30k or 1% for those over $30k. If the auction does not hit your reserve price you pay nothing.

The Road Ahead

Dealers want fresh consumer owned cars and sellers want a fair price

With our successful footprint in California and our launch in North Texas we are scaling rapidly to meet the demand of sellers who are tired of leaving money on the table.

Ready to see what the market will actually pay for your car?