Skip navigation
Skip navigation
You are using an outdated browser. Please upgrade your browser.

Car buyers have saved almost £10 million in 2009 by shopping at Autoquake.com, the UK’s largest online used car retailer.By comparing its transaction prices against the Parkers (www.parkers.co.uk) guide price for franchised dealer cars*,

Autoquake.com has discovered that its customers have saved £9,379,131 to the end of November. That’s an average saving of £1,352 per car. With the end of the year approaching, the total is fast closing in on the magic £10 million mark.

“That’s a huge saving,” said Autoquake.com’s Founder, Fredrik Skantze. “Ten million is enough to buy 1,796 first-class round the world tickets, 37 Maybach limousines or 15 Sunseeker powerboats.”

Used Vauxhall drivers alone have saved a staggering £936,329 to the end of November. Ford buyers are better off to the tune of £762,846. Those who shopped for a prestige car have also saved a huge amount compared with buying from a main dealer. Used BMW buyers saved an enormous £1,666,978. Mercedes drivers saved £408,000.

The biggest savings in a single month came in January, when Autoquake.com customers pocketed £1,175,652. That’s a saving of £37,924 every day. The savings peak in January is especially good news for anyone planning to buy a used car in the New Year.

“With 2009 coming to an end, we’re already looking forward to 2010,” said Skantze. “We have ambitious plans for the next 12 months, and expect to save our customers even more money next year.”

Autoquake.com is able to offer used car buyers an average saving of 17% over franchised dealers because of its innovative low cost ecommerce operation and unique sourcing model for high quality ex lease cars directly from some of the UK’s largest leasing companies.

*Parkers franchise dealer price is the typical value of an ‘Approved Used’ car bought at a franchised dealer in any given month since January 2000.

ends


About Autoquake.com

Autoquake.com’s proven online retail model sells high quality used cars on behalf of large corporate fleet and leasing companies direct to consumers through its website www.autoquake.com.

Autoquake.com has pioneered the concept of enabling consumers to buy a used car from the comfort of their home. Cars are displayed in Autoquake.com’s virtual showroom with descriptions including 40 high quality digital pictures. The breadth and transparency of information about the vehicle dramatically improves the purchase experience for the buyers who are enthusiastically embracing the Autoquake.com model which includes low, no haggle prices. All cars go through a 141 point inspection and come with a 100% money back guarantee. Car finance, warranty, insurance, and delivery are supplementary options that buyers can benefit from.

Fleets typically remarket cars through trade channels such as wholesale auctions where cars are sold at trade prices to car dealers. For fleets Autoquake.com is an attractive disposal channel that gives them a slice of the retail margin whilst delivering days to sale that are similar to auctions. Autoquake.com sells used cars on behalf of large fleet and leasing companies. The ex-company cars are taken directly from the UK fleet operators, prepared to retail condition and sold via the Autoquake.com website. Because Autoquake.com takes out a step in the value chain, it can provide higher returns for fleets while still saving consumers money. The company is funded by leading venture capital companies Accel Partners and Highland Capital Partners who investor in companies such as Facebook, Digg and Real Networks.

Quick Links

Autoquake.com blog
Homepage
Follow us on Twitter

Press Contacts

Max Peile
T: 020 7170 4137
M: 07830 254 952
E: max@autoquake.com

Karen Parry
T: 01784 456 526
M: 07903 955696
E: karen@prandmediaworks.com

This press release was distributed by ResponseSource Press Release Wire on behalf of Autoquake.com in the following categories: Motoring, for more information visit https://pressreleasewire.responsesource.com/about.