Autoquake

Autoquake.com is a UK-based e-commerce company selling used cars online. It was founded in 2005 by Fredrik Skantze and Jeanette Moskovits and is backed by Accel Partners and Highland Capital Partners, two venture capital firms. Autoquake.com sold 5,000 cars in 2008 and according to Hitwise, it was the 4th most visited car dealer website in the UK during the 4th quarter 2008 .

Concept

The two main differences compared to regular car dealers are the online focus and the car supply chain. Selling online lowers operational costs as the facilities used to prepare and store the cars are cheaper than conventional showrooms. The cars are displayed on the website with detailed pictures instead. Autoquake.com operates as a motor trader but sells cars direct to consumers on behalf of fleet companies, which bypasses the car auction houses and effectively removes one intermediary in the used car supply chain.

Awards

Autoquake.com received the "Best Dealer Website" award at the AM Awards Ceremony in February 2009 . and the "Internet Award" from Fleet World magazine .

See also

  • Aftermarket
  • Used car
  • Car dealership
  • Vehicle remarketing