Direct "End-to-End"
The two (2) primary components of auto purchase transactions are "auto" and "loan financing." While dealership can manage to be source of both the auto and financing, the CarBots tech platform is designed to "drive auto business to dealerships through lenders." In particular, credit union (CU) lenders. As CU's auto buyer loans currently represent ~20 percent (20%) of total market, the opportunity for CarBots co-platform, book-ended with CU lenders and dealers, is substantial. By feeding auto buyers directly into CarBots through lenders, dealerships, not the third-party online marketplace companies, become first point of contact for sales to auto buyers within the co-platform. CarBots co-platform has capacity to grow to be 20% to 30% of the future $500B online market (2035 projection), to the benefit of its lenders and dealerships.
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CarBots delivers an Uber-like digital experience. Inside the CarBots app, users are guided from start to finish and delivered to their car purchase destination in a simple, intuitive and convenient process.
Guided, Convenient
Unlike other online auto marketplace sites, CarBots begins the shopping process with a pre-approved loan. With CarBots, the central component of the auto loan (the purchase funding) is integrated throughout the purchase process. This results in a smoother, faster experience, and one that's easier for auto buyers to understand. This seemingly simple "funding" / "auto" integration from jump, means buyers experience more comfortable, less rushed dealership visits, are out in less time, and avoid dreaded "last-minute purchase transaction surprises."
Uber is a registered trademark of Uber Technologies Inc.
Shop and select desired autos.
START. Lender approves the Buyer's auto loan.
AI assisted auto search.
Receive dealer's "out-the-door"
auto price(s).
Loan and auto attached.
Schedule dealership test drive.
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Dealer
Lender
DIGITAL PLATFORM
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FINISH. Test drive and purchase auto with Loan at auto dealership.
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