CarView.Yahoo.co.jp, an auto marketplace owned by Japan-based LY Corp. (formerly Z Holdings), has unveiled My Car Scout, a new valuation service that allows sellers to receive offers from up to 100 used-car dealers.
Sellers simply submit vehicle information to receive multiple appraisals. The new service addresses the concerns of users who previously received multiple calls from dealers after requesting an appraisal and had no control over the timing of contact, sometimes receiving several calls at once, the company said.
My Car Scout gives sellers the flexibility to choose the best offer before proceeding with further negotiations, according to CarView. However, the final price is determined by a physical inspection of the car, including the verification of its mileage and repair history.
For dealers, the arrangement is also efficient, with a higher success rate, since they only negotiate with users who are already satisfied with the appraised price.
CarView.Yahoo.co.jp lists around 500,000 used cars, which is almost as much its two main rivals — Recruit Holdings’ CarSensor.net and Proto Corp’s Goo-Net.com — combined.
By traffic, CarSensor leads with 35.1 million visits in August, compared with CarView’s 29.5 million and Goo-Net’s 24.5 million, according to Similarweb data.
All three are among the world’s top 50 automotive marketplaces and classified sites, according to the AIM Group’s rankings.
