UsedCars.com Introduces a No-Risk Automotive Marketplace in Arizona
UsedCars.com, in partnership with AutoWeb, has officially launched a new zero-risk automotive marketplace in Arizona, set to revolutionize the way car buyers and dealers interact. This initiative targets the key transition point when consumers move from considering new vehicles to exploring used options, particularly crucial in a market where the average cost of new cars has skyrocketed beyond $50,000, with monthly financing nearing $800. Understanding that affordability is pushing many buyers towards the used car market, UsedCars.com aims to facilitate a connection that allows dealers to engage with these consumers at the right moment.
By positioning itself uniquely in the automotive marketplace, UsedCars.com focuses on real-time connections with buyers, ensuring that as soon as a shopper shifts interest towards used vehicles, they are routed directly to dealer inventories. Payam Zamani, Founder and CEO of AutoWeb, emphasizes this strategic advantage: most used-car marketplaces engage potential buyers only after they have made a definitive choice to buy used. UsedCars.com’s model, however, ensures that dealers can access these consumers before they start comparing options from multiple sites, effectively shortening the sales cycle and enhancing conversion opportunities.
The platform's innovative approach eliminates numerous financial barriers that traditional automotive marketplaces impose on dealers, such as listing fees, lead fees, and monthly subscriptions. Instead, dealers are only charged when an actual vehicle is sold, which not only reduces the risk associated with automotive marketing but also fosters a more performance-oriented business relationship. Dan Ingle, President and COO of AutoWeb and UsedCars.com, states that by removing upfront costs, the new model diminishes wasted spending and shifts focus towards results. This alignment between performance and payment is designed to enhance trust and engagement between dealers and the automotive marketplace.
The Arizona launch is merely the first step in a broader regional expansion strategy. Starting with markets including Phoenix, Prescott, Mesa, and Tucson, UsedCars.com is eager to develop strong networks with local dealers, ensuring they are equipped to provide a diverse selection of vehicles to buyers. Following Arizona, Colorado is slated to be the next market for this program, further extending the reach of the zero-risk model.
With AutoWeb's extensive experience spanning over three decades in facilitating connections between car buyers and dealers, the newly established UsedCars.com platform leverages considerable market insights and data to identify trends and patterns in consumer behavior. The platform's design focuses on optimizing the buyer's journey, particularly around the new-to-used pivot, ensuring that consumers can make informed decisions with ease.
As part of the initial launch in Arizona, participating dealers are presented with a range of early adopter benefits. These include priority integration of their inventory, waived fees on their first three verified sales, and guaranteed pricing for a full year. This incentive structure not only entices dealers to join but also encourages a fruitful partnership that prioritizes performance and measurable outcomes.
In essence, UsedCars.com is not just a marketplace. It’s a strategic response to an evolving automotive landscape, aiming to empower both buyers and sellers in an increasingly competitive environment. Designed with the intention of delivering on the promises of performance-based marketing, UsedCars.com strives to remove unnecessary risks while streamlining the buying and selling process for all parties involved. Dealers wanting to be part of this innovative rollout can visit dealers.usedcars.com for more information regarding market eligibility and additional details on the program.
About UsedCars.com: This automotive marketplace bridges the gap between dealers and motivated buyers right at the moment they consider moving from new to used vehicles. Backed by over 30 years of expertise in automotive data and digital marketplaces, it aims to optimize how dealers reach these potential customers without upfront costs or wasted expenses. Dealers pay only upon successful vehicle sales, aligning their incentives with genuine results.
About AutoWeb: A leading player in digital automotive marketing, AutoWeb, Inc. has more than three decades of extensive experience connecting car buyers with dealerships. Through its trusted portfolio, including UsedCars.com, it attracts millions of interested shoppers monthly.
About One Planet Group: A private equity firm with a diverse portfolio ranging across tech, media, and innovative products. Founded by Payam Zamani, One Planet Group emphasizes investment in high-growth, early-stage companies with a strong focus on creating positive societal impact.