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Apr 27, 2017 2:50 PM ET

Carbaya – An online peer to peer marketplace.

iCrowdNewswire - Apr 27, 2017

Carbaya – COMING SOON

The amazing new and easy way to buy and sell a used car. An online peer to peer marketplace that puts convenience, value and trust back into the used car industry; and offers buyers and sellers a better value for their car and money.

EXECUTIVE SUMMARY

Every day in the UK, 22,000 used cars are sold. Generally, this happens via used car dealers who typically sell a car for around 40% more than they paid for it. This equals up to £ 44 Million in cash everyday that sellers of used cars miss out on. Annually, this adds up to a staggering £ 14.2 Billion.

OUR MISSION

CAR BUYING & SELLING: SIMPLIFIED

Our mission is to disrupt the UK’s £45 billion used car market and make it easier for both buyers and sellers of used cars to get the right car at the right price, without the hassle of paperwork, private sales or used car salesmen.

We want to restore confidence and trust in the used car buying industry. For decades, buyers and sellers of used cars have had to operate in an extremely inefficient market. This has resulted in millions of people not getting value for their money on their car.

We are a peer-to-peer marketplace that is designed to help the 22,000 people who buy or sell a used car every day in the UK.

Simply – CARBAYA will make buying and selling a used car more convenient, more transparent and less risky, all without the capital commitments and overheads of a typical dealership.

THE PROBLEM

THERE IS MASSIVE MARKET DEMAND FOR USED CARS – BUT LOW TRUST AND UNFAIR PRICING

Buyers and sellers don’t trust each other to trade privately. So both use a car dealer.

A dealer’s high overhead costs mean that the seller gets a very low price for her car.

Whilst the buyer then pays an above market price to purchase that same car. Both the buyer and seller lose out financially.

THE SOLUTION

CARBAYA IS TRANSPARENT, CUTS OUT THE MIDDLE MAN AND OFFERS FAIR PRICING

Put simply, we are a marketplace where buyers and sellers can directly trade with each other—and still be better off financially.

There is a no hassle sale process for the seller. Their car is guaranteed to be sold within 30 days at a pre-agreed minimum price or higher.

There is a no hassle buying process for the buyer. The car is thoroughly inspected by an expert, with a full refund if you aren’t satisfied.

 

Main

 

Equity offering

Company name CARBAYA LIMITED
Start date To be announced
End date To be announced
Location London, United Kingdom
Field of business Consumer products
Development stage Seed
Reference number 828
www.carbaya.com
Contact Information:

CARBAYA LIMITED

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