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CAR Group, originally named carsales was established in 1997 and founded by Greg Roebuck and Wal Pisciotta in Melbourne, Australia with what was at the time just a small idea of moving print classified advertisements for motor vehicles onto the internet.
The company touched 150,000 annual car sales in 2019. [5] Old logo of CARS24. In May 2020, the company launched CARS24 Moto. [11] Cars24 Moto is a service which allows customers to sell used two-wheelers such as motorbikes, mopeds and scooters on its platform. It also launched a service offering vehicles inspection services at the customers ...
Some car brokers can help source used cars as well as new ones. In many of these cases, the car broker will buy the car and then sell it to their client. Used car brokers are generally licensed. The reasons for having a dealer's license are: The car may be bought at an auction where private sellers cannot bid.
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
[5] [6] In August 2019, Carro raised $30 million in a round of series B funding and used the funds to acquire the Indonesian e-commerce site Jualo.com. [6] In September, Carro announced the inception of its operations in Malaysia through a $30 million investment into the car-bidding online platform Carro Malaysia (formerly myTukar). [7] [8]
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