E-commerce and online shopping have made it possible for people around the world to buy and sell just about anything online. Why shouldn’t selling a car be just as easy? It is now – thanks to local online car buying service CarZar.
Following a series of credit downgrades and soaring exchange rates, many South African car owners are looking for ways to cut costs, and high car-repayments are first in the firing line – that’s where CarZar comes in.
The stats-based auto-trading service, which recently received $1.5m in funding from an international investment firm, is using technology to disrupt the traditional used-car market. Their easy-to-use online platform uses a unique algorithm to generate an instant quote for your second-hand vehicle – all in a matter of seconds.
Once you’ve received your quote, you can book an inspection at one of CarZar’s Car Buying Centres, which currently operate in Johannesburg, Cape Town and Port Elizabeth. However, CarZar is piloting an exciting partnership which will allow them to connect with customers nationwide.
The inspection is over in a matter of minutes, and once you accept their offer, CarZar will make an instant payment into your bank account. The whole customer journey takes 30 minutes.
For CarZar, it’s all about making their user’s lives easier, simpler and safer. A recent survey discovered that 82% of South Africans worry about the safety risks associated with selling your car privately while trading your car in has its own hassles, not the least of which is having to visit multiple dealerships without no guarantee of getting an offer.
Online shopping may have been revolutionised by companies like Takealot and Amazon, but second-hand car sales are being kick-started into the future by CarZar.
This article was published in partnership with CarZar