Automotive retailers and wholesalers have been promised the chance to commerce automobiles in “minutes” through a brand new platform launched this week.
Newly-launched motom has re-engineered expertise created by Australian remarketing platform Flipacar for the UK market and claims to have created a free-to-list networking platform that may make remarketing sooner and cheaper.
Chief govt and co-founder Julian Humphreys, who noticed the app-based providing formally launched yesterday (June 23), stated: “From our early analysis it was clear that motor sellers are in search of a buying and selling platform that’s not solely straightforward to make use of however permits them to make shopping for and promoting commitments in minutes fairly than hours.
“We additionally discovered that many wished extra instruments to assist their companies battle again in opposition to the wave of disruption within the sector and be assured they’re coping with an unbiased enterprise.”
Automotive retailers can entry motom through the Apple or Google Play app shops.
An indication-up course of requires an organization quantity, FCA quantity or VAT quantity earlier than the motom workforce scrutinise a enterprise’s publicly out there knowledge to finish a second section of vetting.
A five-star score course of for each purchaser and vendor additionally provides transparency, it claims.
Humphries advised AM that motom’s platform goals to create a sort of “social community” of high quality buying and selling companions, facilitating gross sales by way of direct relationships.
All listings are free, with a purchaser’s payment of £150-plus-VAT for every automotive buy.
These first to register may save as much as £7,500 due to computerized entry right into a Founders’ Membership offering 50% off shopping for charges for the primary 100 transactions or 12 months.
Humphries advised AM: “That is the platform the market needs and desires. There’s a palpable sense of pleasure among the many workforce and people merchants we’ve given an early perception to.”