Autozen
Autozen, founded in 2020 by CEO Olivier Vincent, is a Vancouver-based startup that has reimagined the car-selling process by creating an online marketplace designed to simplify and enhance the experience for vehicle owners. The platform offers a streamlined, transparent, and efficient method for individuals to sell their cars, addressing longstanding challenges in the traditional car sales industry.
Founding and Mission
The inspiration for Autozen emerged from Vincent's personal experiences and observations of the difficulties associated with selling cars privately. Recognizing the persistent issues of safety concerns, haggling, and inefficiencies in the car-selling process, Vincent aimed to develop a solution that would alleviate these pain points for consumers. Autozen's mission is to eliminate the stress and anxiety of selling vehicles by providing a straightforward process that is timely, predictable, efficient, and convenient.
Platform and Services
Autozen differentiates itself through its unique auction platform. Sellers begin by providing basic information about their vehicle to receive a valuation estimate. Autozen then conducts a thorough evaluation, including professional photography, to accurately represent the car. The vehicle is listed on an exclusive auction where over 150 pre-qualified buyers compete, driving up the price and ensuring sellers receive the best possible valuation. Once an offer is submitted to the seller, it is firm, eliminating the uncertainties associated with traditional car sales.
Funding and Expansion
In January 2022, Autozen raised $4.2 million CAD in seed financing to build its platform and expand its team.
This was followed by an additional $5.1 million CAD in June 2022, led by Vanedge Capital with participation from Anges Québec, bringing the total funding to approximately $9.3 million CAD. BetaKit
The funds have been instrumental in supporting Autozen's expansion into new markets, including Toronto, Calgary, Edmonton, and the Greater Seattle Area in the United States. The company has also been building its team, adding key positions such as COO, CTO, and business development managers to support its growth and operations. BetaKit
Market Presence and Future Plans
Since its inception, Autozen has expanded its services beyond Vancouver to include Toronto, Seattle, Okanagan, Calgary, and Edmonton. The company continues to receive positive feedback from consumers, validating its mission to reinvent the car-selling experience. With a focus on innovation and customer-centric solutions, Autozen is poised to further disrupt the traditional car sales industry and expand its footprint across North America.
Autozen's approach not only simplifies the car-selling process but also ensures that sellers receive competitive offers through its auction-based platform, setting it apart from traditional dealerships and other online services. By addressing the common frustrations associated with selling cars, Autozen has positioned itself as a leader in the evolving automotive marketplace.
Dealerhop: Connect with a fulfillment partner for financing, trading in, or selling your vehicle. Secure online financing for your upcoming car and have it conveniently delivered to your doorstep. Alternatively, you can schedule an in-store appointment.
Interest Rate: 6.99% - 29.99%
Loan Amount: $7,000 - No max
Loan Term: 12 - 96 months
Min. Credit Score: 300
Car Refinancing: Carrefinancing.ca offers the easiest way to refinance your car in Canada. Reduce your payments with decreased interest rates. Plus, you can postpone Payments for 6 Months and Receive Cash Back!
Interest Rate: 6.99% - 29.99%
Loan Amount: $500 - $100,000
Loan Term: 12 - 96 months
Min. Credit Score: 300
Car-buying starts online in North America with DealerHop. Get approved to purchase a new or used vehicle without ever leaving home using fulfilment partners in your community.
*Disclaimer: Payment terms and interest rates can vary. The lowest being 0% interest and up to 29.99% interest. We abide by all privacy laws and you are under no obligation to use our site. By using our site you understand all terms and conditions, and that payment, interest rates, and lease/finance terms will be determined at a later date when formal paperwork is signed. *Free Door-to-Door Delivery is not guaranteed. A fulfilment partner may not be able to offer this option due to staffing, lack of delivery tools, and other variables that are not in control by Dealerhop.com. Some fulfilment partners will not deliver outside a specific radius of their location. Please see dealer for details. By selecting an in-store or door-to-door delivery, Dealerhop.com proceeds to match the applicant with a fulfilment partner that is best suited to serve that customer. It is not guaranteed that you will get matched with a fulfillment partner.
Dealerhop is not a lender. Once you complete our form, we will match you with a fulfillment location and auto finance lender to discuss your vehicle and financing options with you. Financing is almost guaranteed through our in-house financing partners, however, the amount of loan and options are conditional OAC. Financing is OAC and subject to approval from 3rd party lenders or dealers. Payment terms and interest rates can vary greatly by the lender. Any approval will come with conditions from the lender. Please read and fully understand all terms and conditions prior to financing a car. The provinces we service may change without notice.
Icons and graphics made by Icon54