Carsala is an online used car service that supports buyers in the car research and purchase process.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Berkeley
State: California
Zip:
Country: United States
Carsala is an online service for people looking for a used car but hate the traditional buying process. The company uses the latest web technology, in conjunction with its own professional negotiators, to help its customers quickly find the right used car, without the negotiating hassle, at a desirable price. Unlike autotrader.com, or any other online used car service, Carsala works exclusively for buyers to save them money, hassle and time on their used car research and purchase. Carsala uses its own proprietary technology to automatically search more than 5 million car listings and works to find clients the best value for their preferred used car. The company’s extensive vetting process, which includes CARFAX reports, as well as its employees’ own insights based on more than one hundred years of auto industry experience, works to ensure that the customer is buying a reliable vehicle. In addition, Carsala helps its customers avoid the time-consuming and often frustrating process of researching and negotiating with the dealer to buy a used car. Carsala asks for a modest fee to research, check, and negotiate the best price on several used car options. If the customer decides to go ahead with a purchase, Carsala will charge 15 percent of the savings off the Kelly Blue Book suggested retail value, minus the research fee. Carsala guarantees that its negotiators can find the very best deal on any used car and will waive its research fee if a customer can find a better deal on any comparable, advertised, pre-owned automobile.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 9/2008 | Series A | 2 | $300k |
Labrador Ventures LaunchCapital Labrador Ventures LaunchCapital |
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