Less than two months after MintList became the first Canadian company to win a Stevie Award for Tech Startup of the Year, its unique online marketplace was recently selected as “Car Buying App of the Year” in the third-annual AutoTech Breakthrough Awards.
MintList’s free web-based app enables consumers to sell or trade their vehicles for the highest-possible value, and buy vehicles from MintList’s inventory of new and used cars sourced directly from a vast network of pre-approved dealers.
According to the AutoTech Breakthrough Awards’ Bryan Vaughn, MintList bridges several of the most glaring disconnects in the auto sales industry.
“Cars are the second largest investment for most people, yet 76 percent of consumers dislike the dealership experience,” Vaughn points out. “At the same time, dealers are losing market share to online-only models that improve the consumer problem but lack inventory.”
That’s where MintList comes in.
Instead of using hundreds of millions of dollars to buy inventory, MintList bands car dealers together – unlocking access to 99 percent of the inventory and providing consumers with the ultimate choice and highest level of competition on their car, without negotiation, fees or obligation.
MintList was cofounded in 2020 by Mike Wood and Mehrsa Raeiszadeh, secured seed capital earlier this year and counts investors such as Vancouver-based Little Green Bamboo among its backers.
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