CarsDirect.com
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Acquisition | ||
$280m | Growth Equity VC | ||
$17.0m | Late VC | ||
Total Funding | €270m |
Recent News about CarsDirect.com
EditCarsDirect.com is an online platform that facilitates the buying, selling, and financing of new and used cars. It serves individual consumers looking for a convenient and comprehensive car shopping experience. Operating in the automotive market, CarsDirect.com connects buyers with dealers through a virtual shopping experience, allowing users to ask questions and get vehicle tours via video chat. The platform also offers at-home test drives and delivery services, ensuring a seamless and safe transaction process. CarsDirect.com makes money through partnerships with car dealers and finance companies, earning commissions on sales and financing deals. The business model is designed to provide a hassle-free car buying experience, leveraging technology to offer enhanced sanitization and remote transaction capabilities.
Keywords: online car buying, virtual shopping, home delivery, car financing, dealer partnerships, video chat tours, at-home test drives, enhanced sanitization, automotive market, seamless transactions.