London, 6th July 2017 — Motorway.co.uk has today launched the UK’s first price comparison service for selling your car.
The platform enables consumers to compare instant offers for their car from many of the UK’s leading online car buyers, enabling a much faster and more informed selling decision.
UK motorists are increasingly choosing to sell their car to an instant online car buyer[1], where prices may be lower than via a private sale, but the transaction is quick and hassle-free. However, with multiple companies to choose from, finding the best deal can be confusing.
Motorway.co.uk’s price comparison service solves this problem, bringing transparency and choice to a sector that is growing rapidly year-on-year, but which to date has been dominated by one major player – We Buy Any Car.
Using Motorway.co.uk’s easy-to-use price comparison website, consumers enter their car’s registration number and mileage, then compare instant offers from multiple online car buying websites in seconds. The site shows the various prices offered along with other variables – such as independent customer review scores, car collection and any admin fees charged by the car buyers.
Motorway.co.uk has five car buyers providing offers at launch, including WeWantAnyCar, The Car Buying Group and WeBuyCarsToday, with more partners to be added in the coming weeks. Although We Buy Any Car is not included at this time, consumers can compare leading challenger websites in the online car buying space. These companies can often offer better prices or lower fees than the market leader.
Tom Leathes, Managing Director and co-founder of Motorway.co.uk, comments:
“More than seven million second hand cars are sold each year, and a massive number are now sold to online car buying sites. But with multiple companies offering similar services, it’s a confusing process for consumers. We’re solving this by providing powerful, instant price comparison with a single search.
“Price comparison has become the standard way to find the best deal in most consumer sectors and it’s about time that same transparency was applied to selling your car. The choice of company isn’t just about the amount offered for the car – we clearly show customers the fees charged, car collection and review scores for every buyer.
“We believe the car industry is behind many other sectors in using technology to make online transactions fast and straightforward. With Motorway.co.uk, we’re proud to be the first platform ever to offer instant price comparison for car buyers. As we grow, we plan to add many more services, tools and features to become the best possible platform for anyone looking to sell their car.”
Motorway.co.uk’s founding team are serial technology entrepreneurs. Tom Leathes, Alex Buttle and Harry Jones have been working together for 13 years. During that time they have started, built and exited businesses in commercial property, finance, travel and telecoms. This includes the UK’s biggest broadband and mobile phone comparison site, which was acquired by uSwitch.
