CarSpring, an online marketplace for used cars, has received a new investment of about 3 million Euros and is now expanding to Europe.
Its expansion will start in Germany but it already has a small operation in the UK covering London.
The company is supported by Rocket Internet, the world’s largest internet platform outside the US and China.
CarSpring aims to provide the easiest and most convenient solution for people who want to sell and buy pre-owned cars. To receive an initial quote owners just need to enter their cars’ licence plate number on the company’s website, when satisfied with the initial quote the seller can directly book an inspection with one of the company’s professional inspectors.
Once the car has passed its thorough 200-point inspection CarSpring will list the car on its website free of charge and will find the best match between buyers and sellers.
If CarSpring cannot find a buyer for a car within 30 days it will offer to buy the car itself.
For buyers, the cars will be delivered right to the customer’s doorstep. Instead of a regular test drive, every car can be tried by the new owners for 14 days with a money-back guarantee.
If the buyer isn’t happy with his car, CarSpring will also pick it up from the doorstep - free of charge.
CarSpring’s co-founder, Maximilian Vollenbroich, said: “Buying and selling a car can be a tremendous effort in terms of research and purchase. The selection on the market is huge and not everybody is honest about the facts. We want to provide a solution to a trusted, safe, convenient and full-service package.”
CarSpring’s core service are its professional inspectors, who visit every seller’s home to evaluate the car. Every car undergoes a strict examination by licensed mechanics who check every vehicle through their paces with a 200-point checklist.