Australian car trading app, CarSwap passes 100,000 user mark

Australian founded car trading app, CarSwap, has announced it had passed the 100,000 user mark since it was established in 2016

CarSwap co-founders, Cyrus Rafizadeh and Kane Ellis

The announcement:

Swipe Right with CarSwap

Innovative auto classifieds platform, CarSwap, has amassed over a hundred thousand users since inception in late 2016. What began as the passion project of two South Australian car lovers has quickly evolved into the largest car trading platform in the world, along with the highest social media following in automotive classifieds.

CarSwap Co-Founders, Cyrus Rafizadeh and Kane Ellis, identified a gap in the market for a superior method of changing cars, due to the frustration and hassle associated with selling a car. As life-long car enthusiasts, the duo sought to create platform which connects traders, buyers, sellers in the fastest and easiest manner possible.

With combined backgrounds in marketing, e-commerce and IT, the talented team brought a wealth of knowledge and industry experience to the tech start-up.

Chief Innovation Officer, Cyrus Rafizadeh, says, “CarSwap has facilitated tens of thousands of matches between users, allowing people to exchange their cars hassle-free, thanks to our industry-leading technology.”

CarSwap provides exclusive features not offered by other platforms, such as the ‘Matchmaking Mechanism’ (pairing parties wishing to enter a transaction), the ‘Value Indicator’ (displaying exactly how far above or below market value of the asking price), and the ‘Auto Negotiation’ function (automatically and dynamically negotiates with buyers and traders on behalf of the seller), as well as many others.

Chief Operating Officer, Kane Ellis, says “Over one million people worldwide follow CarSwap’s industry-leading social media presence encompassing Facebook, Instagram, Twitter, and other platforms, who are entering the platform end masse when the need for a new car arises.”

The free to download platform creates a ‘Circular Economy’ that keeps cars in use for as long as possible and helps owners to extract the maximum exchange value towards their next vehicle purchase. CarSwap boasts their efficiency allows them to flourish with even the lowest margins in the industry, offering free access for private parties and very low cost for car dealers.

The trading site actively contributes to both the local and global economy with its accessibility, technological vision, market leadership, and employment opportunity. The company has started hiring a ‘Dealer Relations Management’ team nationwide to help car dealers connect their inventories with CarSwap’s rapidly growing customer base.

Within the next two years, it is anticipated that CarSwap will be the leading auto classifieds platform in the world, with millions of registered users and thousands of car dealerships engaging on the platform.

From a Carswap media release.


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