Hyundai Glovis, the automaker's logistics subsidiary, has been seeing growth with their new car purchasing platform Autobell. The company hopes their platform will be one place where users can easily sell off used vehicles.
The firm launched the Autobell service in 2014. A car owner can apply for the service via a phone call or online and the firm sends a consultant to inspect and appraise the vehicle. People can easily sell their cars, complete all the time-consuming paperwork and receive payment through the consultant.
"When selling vehicles, people have to choose whether they will sell them privately or trade in their vehicle to a used car dealer. Many people are concerned about the risks of transparency and reliability of these used car transactions but customers using the Autobell service can complete all the complex processes at one time," stated a Hyundai spokesperson.
Hyundai Glovis said this is possible as the firm has been operating the country's largest auto auction houses since 2001. The firm has held auto auctions once a week at three auction houses in Siheung and Gwangju in Gyeonggi Province and Yangsan in South Gyeongsang Province. It added more than 1 million used cars have been listed on its auction houses.
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