Carwow, stylised as carwow, is an online marketplace for buying and selling new and used 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 would like to buy, along with the various specifications and features, and then receive offers direct from dealers. When selling a car, users upload some basic details about their car (such as the registration number, mileage and some photos) and then different car dealers are invited to bid to buy the car directly from them. It also provides information to prospective purchasers and gives feedback on rogue dealers. The company also has a YouTube page, run by motor journalist and carwow's Chief Content Officer , where
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| - Carwow, stylised as carwow, is an online marketplace for buying and selling new and used 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 would like to buy, along with the various specifications and features, and then receive offers direct from dealers. When selling a car, users upload some basic details about their car (such as the registration number, mileage and some photos) and then different car dealers are invited to bid to buy the car directly from them. It also provides information to prospective purchasers and gives feedback on rogue dealers. The company also has a YouTube page, run by motor journalist and carwow's Chief Content Officer , where (en)
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| - James Hind, Alexandra Margolis, David Santoro (en)
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| - London, United Kingdom (en)
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| - white logo 250 crop.png (en)
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| - Balderton Capital, Episode 1 Ventures (en)
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| - Carwow, stylised as carwow, is an online marketplace for buying and selling new and used 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 would like to buy, along with the various specifications and features, and then receive offers direct from dealers. When selling a car, users upload some basic details about their car (such as the registration number, mileage and some photos) and then different car dealers are invited to bid to buy the car directly from them. It also provides information to prospective purchasers and gives feedback on rogue dealers. The company also has a YouTube page, run by motor journalist and carwow's Chief Content Officer , where different cars are reviewed. The company has partnered with the RAC as part of RAC Cars' ‘search, buy, sell’ website. Carwow was founded by James Hind and launched in May 2013. James Hind, when operating Carbuzz, came across the concept from a company which used the reverse tendering concept called My Best Deal. My Best Deal was the concept of David Paterson, formerly in the motor industry. David Paterson operated at a management level within the motor industry, providing finance and insurance services to clients.Carwow’s investors include venture firms Balderton Capital, Episode 1 Ventures, Samos Investments and Accel Partners. The company had sold over 20,000 cars valued at £550m by January 2016. (en)
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