With free sign-up, instant access to real-time vehicle pricing and guaranteed discounts, Price My Car is an Australian startup that is successfully increasing transparency in new car pricing in Australia through crowdsourced data.
With the complexities of car pricing, the often unsatisfactory attempts to fairly price Australian owned motor vehicles and the wild variations in pricing, Price My Car has established a new online platform for those looking to buy or sell cars in Australia.
Their aim: To make buying a car faster, more transparent and more accessible than ever before.
Price My Car takes users through a simple journey that shows real-time pricing information (not just sales forecasts). It shows interested buyers what other people are actually paying as well as up-to-date recent trends in a balloon car buyer’s to connect to mediately with a dealer near them and negotiate a competitive and fair price.
All the dealers in the Price My Car network are certified dealers and able to provide transparent pricing to registered users of the Price My Car website.
Based in Frenchs Forest, Sydney, the fast-growing startup was formed in 2018 with the single goal of increasing fair competition and transparency in the Australian Car Market.
What the common problems that Australian car buyer’s often experience is the lack of clear and readily available information on the sale and purchase of both new and second-hand cars. This is particularly true of their pricing.
Price My Car has sought to do away with the negotiating and the haggling by providing prospective buyers with clear and concise information on current Australian vehicle sales trends.
Not only is the current sales process inefficient, it often damages the reputation of dealerships.
The new service offered by Price My Car allows users to register online and filter out the model, make and other variables in order to get a clear overview of what the market is currently paying for similar vehicles.
It also provides reviews and resale values to consumers all in real-time and on a single screen.
With a database of over 350,000 records – and growing!) Price My Car members can gain detailed information to help them price and purchase a car with confidence.
PriceMyCar chief David Lye says his website can help with comparing prices without having to drive around all weekend visiting dealers.
“It inspires competition among dealerships to contest for business and awareness, and with over 300,000 new-car prices, quotes, invoices and deals, consumers have a wealth of choice,” he says.
Using crowdsourced data enables the service can move beyond dealer restrictions and allows consumers to help one another find the best deal online.
For Australian car dealers, negotiation is simplified, trust is built and much of the frustrating inefficiency in the Australian car sales and service industry is greatly reduced.
Gone are the days when you had to hit the pavement visiting dealer after dealer, attempting to keep track of the conversations, the negotiations and the bottom line sales price. Through Price My Car, consumers are able to contact dealers directly and discuss all aspects of the car sales process.
The Price My Car model is simple. After gaining free access to their instant pricing platform you can take a look at what others are currently paying for a similar new car make and model.
You have the option of seeing real prices from genuine dealers and members can gain immediate access to great deals and discounts.
The platform allows access to thousands of new car dealers across all states within Australia. Buyers are also given access to expert knowledge on all available discounts.
Price My Car appears to be a startup with a growing influence in the new car market. It is easy-to-use and navigate and answers so many of the questions that Australian car buyers have.
If you are the market for a new car, then taking Price My Car for a test drive is well worth your while.
Feature image, Pixabay, CC0 License