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InstaCarro: the fastest way to sell your vehicle.
Discover InstaCarro: the fastest way to sell your vehicle and sell your car today.
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InstaCarro is a true revolution.
If you're looking to sell your car, have you ever thought about advertising your vehicle to over 1000 dealers simultaneously and having the money in your account in less than an hour? It sounds crazy, but it's not! This is entirely possible thanks to a revolutionary startup called InstaCarro.
InstaCarro applies all its technological expertise to connect car sellers and dealers from virtually every corner of the country with a well-defined goal: To help you sell your car.
To better understand how all of this works, our experts visited the company to learn more about its operations and demonstrate the logic behind the entire business in practice.
If you're looking to sell your car quickly and get a fair price, you can't miss today's article!
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The story of the Startup
InstaCarro is a company that has innovated and continues to innovate in the market for buying and selling cars. used vehicles and pre-owned.
Through a unique, simple, and transparent format, the company strives for quality and excellence in every step of the process, from vehicle evaluation to sale, always keeping customer satisfaction in mind.
Founded in 2015 and based in the city of São Paulo, the startup attracted a select group of investors to support and consequently leverage this innovative project, resulting in growth ranging from 30% to 50% per month.
In companies, professionals rigorously evaluate the customer's car, publicizing it through a... online platform For more than 1000 stores and dealerships spread across Brazil.
Offers are received in real time and the deal is closed on the same day.
The transaction is 100% secure, as InstaCarro handles all the paperwork and vehicle transfer.
InstaCarro is here to stay.
As mentioned in our introduction, InstaCarro is a startup that promises to sell your used car in as little as 90 minutes.
With just over 5 years in operation, the startup has received investments exceeding £100 million from funds originating in Europe and the famous Silicon Valley.
Through all this investment, the website that connects users with multi-brand used car dealerships grew exponentially in its first few years and sees the coronavirus pandemic as a new opportunity for growth.
“The used car market is booming. The high interest rates in Brazil, coupled with the crisis caused by the pandemic, have led Brazilians to take a closer look at nearly new vehicles.
Based on this premise, the startup survived the turbulent year of 2020 and is already projecting a good profit margin for 2021.
However, investment is necessary. Although competition in the used and pre-owned car startup sector is growing, Instacarro remains a benchmark in the industry due to the credibility and integrity of the business it has conducted so far.
Currently, the startup operates in the cities of Campinas, São Paulo, Santos, São Vicente, and part of Praia Grande.
Inspection centers are expected to begin expanding outside the state of São Paulo as early as 2021. Furthermore, Luca Cafici, the company's founder, stated that he has plans to enter Latin American countries such as Argentina, Paraguay, and Uruguay.
Technology in pursuit of the perfect match.
The main difference with InstaCarro is that use of technology and data analysis that functions like a dating app, capable of creating the perfect match.
She literally runs an online auction connected to stores and parking lots all over Brazil that "invites" the retailer at the right time.
Through algorithms, the system is able to identify the merchant's personal preferences and connects them directly with the seller. This allows the purchase to be completed almost instantly.
When the entire operation is manual, the average time between posting an ad and completing a sale is approximately 3 months.
Detailed assessment
At this point you might be thinking, but how exactly are the cars sold by the startup evaluated?
The system used by the company performs a detailed analysis of more than 150 items on the car, which are checked by trained and highly qualified professionals.
Among the main positive and negative points observed are:
Paintings and dents
In assessing paintwork and dents, a history of scratches on the bodywork or a history of repainting is reviewed.
Structure
Here's a very important point. If any structural damage is found, the appraised value of the car decreases significantly.
Engine
The specialist also conducts an assessment of the overall functioning and maintenance of the system to evaluate potential problems.
Accessories and optional extras
Accessories and optional features are also evaluated and taken into consideration in InstaCarro's assessment.
The more comfort-oriented features a vehicle has, such as air conditioning and power steering, the higher the bid value can be. The same applies to special accessories added by the owner.
Interior
Care given to the upholstery of the seats and details in the vehicle's interior are also questioned and can increase (or not) the final value of the car. The more careful the owner is, the more they gain.
Extras
Finally, some extra points are also evaluated: mileage, tires, steering wheel, documentation, presence of fines, lights.
All of this is analyzed by the startup's expert and ultimately contributes to either increasing or decreasing the vehicle's value.
Which vehicles can be sold?
There is a well-established criterion for which vehicles are or are not accepted by InstaCarro. To avoid any lingering doubts, we will now show you what vehicles can and cannot be sold to the startup.
Vehicles accepted for sale
The vehicles accepted for sale are:
- Cars manufactured from the year 2000 onwards originating from the following regions: Northeast, Central-West, Southeast and South of Brazil;
- Fleet owners: it is necessary to present the company's articles of incorporation along with the requested documentation;
- Financed cars: provided the model is a CDC (the car's registration document is in your name and the lien is noted at the bottom);
- Damaged or wrecked car: the vehicle must be in usable condition and have passed the ECV inspection;
- Car with outstanding debts: however, the amount of the debts will be deducted when the payment is transferred;
- Auction car: however, vehicles that have been through auction tend to depreciate.
Vehicles not accepted for sale
The following vehicles are not accepted for sale:
- Cars from the states of: Acre, Amapá, Amazonas, Pará, Rondônia, Roraima and Tocantins;
- Armored cars, Leasing, Consortium, Active PCD Benefit;
- Cars with items that fail the ECV inspection: broken headlights/taillights, broken bumpers, among others;
- Cars that were produced before the year 2000.
How is payment made?
Another very common question from those looking to buy a vehicle from the startup concerns how the payment is made.
At the end of the auction, the seller receives the highest offer submitted by the retailer and can choose whether to proceed with the sale or decline the offer.
Furthermore, a consultant presents the main points of the evaluation, the bids received, and the vehicle's prospects in the used car market, to serve as a benchmark for those looking to sell their car.
Because it uses its own capital, InstaCarro pays the full amount (upfront and immediately) in the transaction – as soon as the customer delivers the completed and notarized DUT (Single Transfer Document), the payment is instantly deposited via bank transfer (TED).
Conclusion
Without a doubt, InstaCarro It's a milestone in the used and pre-owned car market in Brazil.
If you're looking to sell your car and don't know how to proceed, InstCarro is the best option!
To put your vehicle up for sale today, all you have to do is one thing: Click the button below and wait for the money to fall into your pocket!
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