Like all online shopping wonders used cars are also to be auctioned or sold on the e-commerce portal. Beepi Cars based on the Internet is a US start up in the process of acquiring venture capital to the tune of 300 million dollars.
The idea may seem bit strange since a test drive is necessary before purchasing second hand cars. Nevertheless company justifies sales quoting product like shoes which are sold without any trial. To safe guard consumer interest and deliver accordingly there will some norms in place. Transparency is going to be crucial factor in case of the used car dealer online. The online venture will remove the big hassle of finding vehicles in the first place. The other aspect is that the inventory would be limited to vehicles that have not met with an accident or undergone major repairs and are driven not more than sixty thousand miles. .
Though there is a steady growth in demand for used cars the takeoff is from recessionary level. But as the economy picks up the market is expected to rise substantially. The demand is perceived more in car friendly areas with substantial population density. However the chain weakens in remote rural areas. How online endeavor is going to circumvent hurdles in land based used car network is something that has to be seen.
At present Beepi is conducting business in three North American States but it plans to bring more regions under its purview. The company plans to take advantage of rising faith in second hand cars thanks to longer life and better quality.
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