WHOLESALE USED CAR MARKETPLACE

WHOLESALE USED CAR MARKETPLACE

Modern low-fee platform for transacting, financing, and transporting wholesale used cars.

Careers:

Leadership:

Tom Krüger

Founder

Fabian D. Roth

Founder, CTO

Tekin Has

Founder

Oguz Özgüler

Founder, COO

Location:

Nürnberg, Bayern, Germany

Since:

2021

Status:

Current

Stage:

Growth

Investments
Software
WHOLESALE USED CAR MARKETPLACE

WHOLESALE USED CAR MARKETPLACE

Software
WHOLESALE USED CAR MARKETPLACE

WHOLESALE USED CAR MARKETPLACE


Modern low-fee platform for transacting, financing, and transporting wholesale used cars.



Careers:

Leadership:


Tom Krüger

Founder

Fabian D. Roth

Founder, CTO

Tekin Has

Founder

Oguz Özgüler

Founder, COO

Location:

Nürnberg, Bayern, Germany


Since:

2021


Status:

Current


Stage:

Growth


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CarOnSale's modern low-fee platform offers a superior buying and selling experience for Europe's $200B wholesale used car market.

Used car dealers transact with each other to find and purchase inventory that’s a good fit for their dealership. Today, this is done manually by picking up the phone and calling local dealers, which leads to poor prices for sellers and a frustrating experience for the buyers, who have limited ways of finding inventory and verifying vehicle quality. Before CarOnSale, the only alternatives were high-fee auctions which required cars to be transported to the auction house for sale.

CarOnSale’s modern low-fee platform offers a buying and selling experience that’s better for everyone involved. It’s an end-to-end solution from vehicle inspection and listing to online bidding, financing, and transportation. Sellers reach a larger group of buyers, who can browse a larger pool of inventory with vehicle pictures and detailed damage reports.

CarOnSale is perfectly positioned to facilitate cross-border transactions, opening new trade lanes, and becoming the go to pan-European platform. We have deep experience in this market from our investment in BacklotCars and are thrilled to partner with CarOnSale as they bring Europe’s wholesale auto market online.