Name of business: Otomooch!
Slogan: “Save as you mean it”
Our website provides “New car buying assistance services”. We try to turn shoppers into buyers.
We are a virtual marketplace that used technology to help buyers and sellers find each others to communicate and exchange offers and counter offers to agree on a low price.
We help buyers find the best deal possible on new cars. We help them also find dealers that are willing to sell cars at deep discounts. We help car buyers use our technology to finalize the entire purchase process online before going to the dealerships. So they can save time and money. They can save up to $ 3,000 off MSRP and up to 6 hours of time.
Here is what we do:
- We help buyers and sellers (dealerships) communicate in an open and transparent way.
- We help buyers find the lowest price possible on a new vehicle
- We use technology to help buyers finalize the entire purchase process 100% online before going to the dealerships
- We help buyers save at least 6 hours of their time when purchasing a vehicle
- We help buyers test drive the right car that fits their needs and budget
- We help buyers turn their test drive into cash
- We provide many choices for buyers to communicate with dealerships anonymously
- We help dealerships find quality and pre-screened buyers
- We help dealerships advertize their low price inventory on our site
- We help buyers negotiate low prices with dealerships
- We guide buyers through the entire buying process;
1- Test drive
2- Obtain price on a vehicle
3- Obtain price on extended warranty
4- Obtain price on trade in
5- Obtain financing
6- Obtain price on auto insurance policy
- Shoppers who are looking to buy new cars visit our site. They sign up and create profile includes: name, email address, phone number, car model needed, trim, and options
- They can then submit requests to dealerships to receive price quotes on a new car or they can just name their own budget price that they can afford
- Dealerships then access out site and respond with offers and compete to try to earn their business.
We target anybody who is in the market to buy or lease a new car. We help them buy or lease vehicles, trade in their old ones, obtain financing, and obtain auto insurance all in one transaction. We also help them research new cars and find local dealerships.
We are the firs to implement the following
- Full digital retailing
- No purchase necessary test drive
- Name your price for autos