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DoneDeal is an Irish online marketplace focused on helping buyers and sellers of cars in Ireland. In 2019, the site listed more cars for sale in Ireland than any other website. The site was founded in May 2005 by Fred Karlsson, a native of Sweden, and his Irish wife Geraldine. [1] The site currently has over 300,000 live ads.
Carwow is an online marketplace for buying and selling cars. It uses the reverse marketplace model to remove the need for customers to negotiate with dealers when buying or selling their cars. When buying a new car, users choose the car they want, along with the various specifications and features, and then receive offers directly from dealers. [2]
Competition Authority (Ireland), November 3, 2005. Mediahuis acquires Irish motoring website Carzone for €30m. Irish Times, October 24, 2022. Mediahuis buys car marketplace Carzone for €30m. RTE, October 24, 2022. Mediahuis buys Carzone in €30m deal: Acquisition creates Ireland’s largest motoring marketplace.
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On average, a CarMax location employs 40 sales associates. Each car goes through a thorough 125-point inspection process, beyond any state-required inspections, and includes a 90-day warranty, three days to change the financing for free, and, 10-day money-back guarantee (reduced in 2024 from a 30-day money-back guarantee). [10] [11]
It launched an online marketplace for used cars in December 2019, which became its primary business. [1] It is based in the UK but listed on the New York Stock Exchange following a merger with a special-purpose acquisition company, led by hedge fund manager Dan Och in August 2021. As of its listing the company had a valuation of US$8 billion.