The customer chose to protect their confidential information
Andersen was contracted by a company intending to revolutionize its car buying and selling experience. It envisioned a one-of-a-kind inventory-independent marketplace that streamlines and simplifies the process for both buyers and sellers.
The customer wanted to reinvent the way they worked in the US car retail market. Previously, that process was time-consuming and high-pressure, with limited options for comparison and negotiation. The company envisioned a combination of an online automotive marketplace and a car buying and selling app enabling buyers to seamlessly and conveniently search for cars, negotiate, and finalize purchases. Sellers would benefit from digitized documentation, expanded buyer access, and improved profitability.
The main challenge was that this unprecedented solution had to satisfy the needs of several target audiences with different interests. Buyers previously had to search for cars across multiple platforms, negotiate prices, and handle paperwork themselves. The new car selling application was intended to automate the entire process, providing a fully digital experience with access to an exclusive dealership network and a concierge service while ensuring the best price with zero pressure.
As for dealerships, selling cars required significant time spent on customer interactions and manual documentation. The automotive marketplace was to expand their reach, enable automated inventory sourcing, and streamline transactions, increasing profitability while reducing administrative burdens.
Finally, loan representatives, who previously struggled with time-consuming paperwork and inconsistent conversion rates, would gain access to a large pool of pre-qualified buyers. With automated documentation and an optimized approval process, loan conversions improved, making payments more efficient for all parties involved.
The resulting car buying and selling app is an end-to-end solution that allows users to manage the entire vehicle-related transaction process digitally. From registration and profile management to searching for cars, finalizing deals, and paying, the platform eliminated frequent inefficiencies, offering an automated, user-friendly experience. By integrating dealerships, buyers, and loan representatives into a single system, it eliminated the need for manual price negotiations, extensive paperwork, and multiple third-party interactions, creating a seamless and transparent car-buying journey.
Andersen delivered the following features for the resulting car buying and selling app coupled with the automotive marketplace:
As a result of our engagement, Andersen helped the customer:
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