Post-pandemic, used car startup platforms are booming — and the latest is Spotawheel

Post-pandemic, used car startup platforms are booming — and the latest is Spotawheel

2 years ago
Anonymous $xqL1ZTchGQ

https://techcrunch.com/2022/04/27/post-pandemic-used-car-startup-platforms-are-booming-and-the-latest-is-spotawheel/

Used-car digital platforms have been proliferating across the world for a handful of significant reasons, but most of those are related to our recent pandemic. Among those reasons is the rapid digitization of the used car industry, as startups have flooded the market with easier-to-use platforms that the older e-commerce-style ones lacked. The other is that – with the pandemic straining supply chains for micro-chips, essential in new cars – the premium on used cars market has skyrocketed, even as the supply of new cars has been constricted.

Among the platforms to have arisen in the last couple of years is Autohero which has jumped on the used car market.