You are on page 1of 6

WHAT IS

FLIPACAR?
FLIPACAR is an industry first interactive trading platform that is set to revolutionise the used car
market by digitising the wholesale trading process. While used car retail has moved to digital
platforms, wholesale transactions are still predominantly analogue.

FLIPACAR will enable used car dealers to connect and source cars from hundreds of wholesale, and new
car franchises seamlessly, and allow them to trade vehicles in real time from a mobile phone app and
desktop cockpit.

FLIPACAR intelligently matching users with qualified sellers. FLIPACAR facilitates achieving the best
supply in the market with vastly reduced purchase costs for all parties in real time.

The FLIPACAR technology will also enable pathways into Fleet Leasing and Finance Companies who
seek to connect better with the wholesale sector.

Whether buying or selling, FLIPACAR allows more cars to be valued and traded in a fraction of the time.
F L I PA C A R

TODAY…
The used car market trading process is tired and outdated. The process relies
heavily on labour intensive one-to-one communication and personal
relationships.

Used car dealers are spending excessive time on the phone, call after call, and are
limited to their own contacts for vehicle sourcing. Auction purchases can be
volatile, time consuming, inconsistent and expensive with used car dealers often
competing with the general public.

There is currently nothing to link buyers to a network of sellers who are


interested in a particular type of vehicle and buyers are constantly bothered with
pricing inventory for vehicles they never get or don’t want.
F L I PA C A R

Fast and Free to List Cashflow and Profitability

THE • Cost effective to purchase, no cost to bid.


• Purchase many cars quickly and efficiently
• Get paid faster – manage cash flow better.
• Why wait for Auctions and take all the risk?
SOLUTION
FLIPACAR is an industry changing trading and
• Never miss a car via instant notifications
• App is intuitive and easy to understand
• Speed delivers more opportunities and profitability
• Unwanted trades & old stock are sold faster to matched
buyers
networking solution, that enables that enables • No lock in contracts or subscriptions • Working capital and floorplan limits are managed better
wholesalers, fleet/finance companies to connect
seamlessly, trade cars instantly through a trusted
• No IT infrastructure required with reduced interest expenses

network.

FLIPACAR makes buying and selling vehicles more


efficient, allowing users to source and sell more cars from
more contacts in less time with greater control, while being
able to keep track of all wholesale transactions and vehicle Increased Transparency
Manage and Expand Network
valuations. ● See trades in real time
● Trade the way you’ve always traded with the
● Move from valuations to profitable trading people you trust
No more scrolling through inventories and responding to
tenders. Your matched vehicles come to you! ● Manage trades via desktop management cockpit ● Use the app to grow a dealer network

● Focus on individual performance and rating ● Dealer rating give insights into new trading
You choose who sees your listing… partners and drives a disciplined trading process
● Establish authority levels and governance

● Data transparency for the user

● Stock audit oversight


F L I PA C A R

HOW IT WORKS Leasing Company

FIPACAR’s core technology allows dealers to


customize filters that isolates seller stock instantly and
allows for the seamless acquisition of trading stock.

Interested buyers receive a notification, complete with vehicle images


and accurate vehicle data / status verified by RedBook & Nevdis and
can then offer a buy price. Vehicle price is driven by competition, trust
and confidence in a seller and their vehicle description.

FLIPACAR technology encourages retailers to develop and nurture


??
relationships that will allow more direct dealer to dealer relationship
providing opportunities, faster at a lower transaction cost.

*NCF – New Car Franchise


General Public
F L I PA C A R

KEY
FEATURES

Search Buying or Selling Network and Privacy Full History Trust and Control

Buyers can set filters for the exact It’s free to list, and FLIPACAR Users can choose to sell to their A record of all transactions and Dealers can build a network of
cars they’re looking for and choose facilitates flexible selling favourite dealers, or to everyone in associated communications is stored trusted connections with the
to set an alert. No need for buyers styles with either “auction”, their network. If there’s an unknown within the user’s account and can be ability to view user profiles and
to monitor – it’s just set and forget. “minimum price” or “buy it dealer looking to buy what they’re easily exported for record keeping transaction history.
now”. selling, FLIPACAR notifies the and transparency around all
seller. A great way to continually transactions made.
grow a dealer network.
F L I PA C A R

MANAGEMENT
COCKPIT
The Management Cockpit is the web portal that provides a
governance framework and performance insights into your wholesale
operations.

FLIPACAR increases the speed and profitability of Wholesale Trading,


but also provides the governance and accountability needed to manage it.
The Management Cockpit provides details on all trades, counterparties,
prices and bid history. It also allows you to track the individual
performance of all your team members who are using FLIPACAR.

The Management Cockpit is structured so that you can build in


authorisations and layers of review prior to deals being pushed to your
network via FLIPACAR. This combined with the validation of data via
Redbook and Nevdis, greatly reduces the occurrence of costly financial
mistakes.

Security is assured as the FLIPACAR web portal can sit behind your
dealership firewall.

You might also like