Founded by Vanya Andropov and Greg Harris, Mogo is targeted at people who have done their research and know the car they’re interested in buying. Users can then send an anonymous request to dealerships in their area, who, if they have the right car in stock, can respond with a price.
The new manager joins Gumtree with over 10-years’ experience in the automotive industry, having most recently served as national operations manager for Vmoto, the UK and Ireland’s leading distributor of electric motorbikes.
By applying statistical analysis to its database of millions of used- vehicle transactions, Manheim has developed a reliable measurement of used-vehicle prices that is independent of underlying shifts in the characteristics of vehicles being sold.
The cost calculator gives a rundown of the estimated ‘total cost of ownership, looking at factors such as mileage, service and insurance and the buyer/seller guide gives hints and tips like a pre-sale checklist and the car buyer’s contract.
“The performance of our display advertising business division in the first half of this financial year has been challenging in a tougher market for finance, insurance and new car sales in Australia,” Chief Executive, Cameron McIntyre said recently.