Online private auto sales marketplace, Autozen is expanding from Vancouver into the Okanagan, starting with the Kelowna, Kamloops and Vernon areas.
Positioned to disrupt the stressful and unnecessarily complex car sale process, Autozen is a new consumer-to-business (C2B) marketplace on a mission to create an easier, safer and more transparent way for car owners to sell their vehicles.
The autotech startup raised a $4.2 million funding round earlier this year.
“It’s baffling how selling a car in 2021 is as aggravating as it was a decade ago,” says Autozen CEO, Olivier Vincent.
Consumer demand for change was abundantly obvious to Vincent, whose track record shows his passion about disrupting “stubbornly low tech industries.”
The Autozen seller advantage is having over 100 trusted buyers compete to give them the best offer possible. The company’s mission is to benefit the consumer with its unique selling model, while also “civilizing” the auction process for buyers.
Autozen’s service is completely free for consumers, sellers don’t have to haggle, and they have no obligation to accept the offers they receive. Their marketplace model offers choice and autonomy through consumer-driven technological advances.
“We’re excited to bring a real solution to the Okanagan, and know from our rapid growth and positive feedback from sellers and buyers alike, that there is a high demand for a real solution for car sellers, everywhere.”
Entering the Okanagan marketplace will benefit private auto sellers by giving them access to a larger network of buyers in B.C., potentially driving up their offers. At the same time, it provides a greater pool of inventory of high quality, pre-vetted private vehicles to certified buyers.
According to Vincent, the company has major expansion plans for Q1 of 2022 which will require large-scale hiring in target regions.