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by amosgewirtz 2429 days ago
Super good point. I've definitely run into that objection while trying to sign on used car dealerships--i.e. that they can't sell the car if it's being rented, so putting it on our platform might mean forgoing a sale.

But that's fine, because it basically means that dealerships typically only list cars that they have more than one of. So for example, if they have three Audi A4s in inventory, they might list only two of them with us. When they sell the other one, they'll take an A4 off Carve and put it back into sales inventory. In other cases, dealers will give us cars during periods of low sales and then putting them back into inventory when sales pick back up, thus minimizing the risk of a foregone sale.

3 comments

Just to play devil's advocate...

But wouldn't a car dealer try to have a variety of cars models instead of multiple cars of the same model? Wouldn't it be better for them to be able to show a potential customer a variety of cars rather than just one model? For example, if they could only have 3 cars, wouldn't it make more sense for them to have an A4, a BMW 3, and an Acura TLX (for example) rather than 3 A4s?

Or maybe used car dealers have significantly more stock than I'm giving them credit for?

It's not about selection. Used car dealers buy what they can sell, and what they can get cheap at auctions.
Not for an Audi dealership.
It seems to me that you could also rent to people who would wanna try the car before they buy it. Heck, put that in the app. "Get 10,000 airline mile on your credit reports right now of you buy this rental!"
What about mileage, wear and tear? It doesn’t take much for a depreciating new car to fall into used car status.