A new company out of the UAE is hoping to make it easier for consumers to buy a used car by making the evaluations and purchasing process quicker by using their proprietary car data platform.
Buying a used car in the UAE has often been likened to walking through a minefield, with the process of having to assess a car’s capabilities often causing mental dilemmas like no other. One startup is hoping to make buying a used vehicle easier by streamlining the process of assessment and evaluation before a purchase with the help of its proprietary vehicle data platform.
Co-Founders Glenn Harwood and Jaron Crossland initially built AlgoDriven after growing frustrated at the process of evaluating used cars. “We decided to build a mobile app to help car dealers with this problem- valuing used cars they wish to purchase or trade-in,” says Harwood. “That evolved from there, as we found that banks, insurance, fleet, and classifieds all face a similar problem.” The duo both have extensive experience in the automotive industry- Crossland’s family has owned car dealerships for generations and has run dealerships brands like Mercedes-Benz, Mazda, Chrysler, Jeep, and Kia, while Harwood has had stints with Mercedes-Benz in Australia and Abu Dhabi, as well as BMW in Dubai.
Having launched in mid-2017, AlgoDriven’s core product is the EvalExpert mobile app, which car dealerships use to evaluate used cars to purchase or trade-in against new ones. “It streamlines the whole process from start to finish, giving them the confidence to make competitive trade-in offers,” Harwood says. “This allows them to sell more cars, and the consumer ultimately benefits from competitive trade-in prices.” Using its proprietary vehicle data platform, AlgoDriven offers a complete vehicle appraisal solution, consisting of a mobile app, a desktop dashboard, integrations to existing software, and website plugins.
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