Dubai, United Arab Emirates, March 3 2018, CarSwitch.com announced today the launch of their latest service offering, new cars! The startup, which raised an additional USD 1 million last month from Dubai Angel Investors and Glowfish Capital, grew its core used car business over 600% last year and is now expanding the service offering to include new cars directly from franchise agencies.
Launched in 2016, CarSwitch.com is the only market place for inspected and warrantied used cars in the UAE. Every car featured on the platform is run through a comprehensive 200 point inspection that is disclosed live on the website. This provides buyers complete transparency and peace of mind when looking for their next car purchase, and as the average car featured on CarSwitch.com is 2015 or newer these buyers are often also considering buying the car brand new.
Speaking on the demand, Imad Hammad, founder, said “CarSwitch.com appeals to buyers that value a safe and hassle free experience, and we often find these buyers asking us about the brand new options as well. To serve that demand we’ve incorporated all the major new car names from the Toyota, Honda’s of the world to the Mercedes, Jaguar, Dodge, GMC and so on. All with full details around available trims, feature sets and pricing to help consumers compare and draw trade-offs of new and used options.” Several official distributors have already partnered with CarSwitch.com to incorporate live enquiry requests on the platform itself, so that once buyers find the option they want (used or new) they can submit a fully native request that is forwarded to the official distributor to contact the customer and convert.
Ali Malik, founder, further commented “As new cars are now native to the platform, and fit to our buyer demands, we’re seeing incredibly strong demand at very competitive cost per lead to our partner agencies (almost half the industry average!). We’ve now also incorporated the ability for buyers to submit native requests for auto loans, and soon insurance, right into the platform to make sure all our buyers interests are addressed”. With the addition of this new service line, CarSwitch.com plans to launch further interface features geared towards new cars specifically such as authorized dealer locations, service and maintenance schedules, compare features to trade-off trims and ongoing promotional offerings.
The news brings a refreshing addition to the new and used car online ecosystem in the UAE that buyers and sellers alike can already benefit from on CarSwitch.com or the app available for free download via the App Store or Google Play.