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DRIVERAMA UNVEILS MAJOR MILESTONE IN EUROPEAN EXPANSION AS IT STARTS SELLING CARS TO GERMAN CUSTOMERS
28 February 2022: Driverama, a tech-driven online platform for used cars across Europe, launches its retail selling operations in Germany, allowing customers to buy cars from Driverama for the very first time. Today’s announcement marks a major milestone in Driverama’s continued European expansion since the Company first launched in April last year, and follows the successful roll-out of its retail buying operations in Germany over the past eight months.
The new simple service from Driverama allows buyers to browse from over 1,000 fully inspected and highly desirable cars in stock with an average age of 4 years, comparing popular models, makes, prices and financing options. Each car has undergone a 250+ point inspection to ensure the best quality. It is also provided with a full-service history, ownership report and professional clean. If a customer decides to purchase a car, they can choose to have it delivered to their doorstep, or to their nearest Driverama branch, of which there are currently nine located across Germany.
When selling cars to consumers, Driverama’s real-time algorithmic pricing model enables the Company to provide the best possible price, driven by market data. Underlining its commitment to offering total transparency, Driverama also discloses a full inspection report to the customer, so they know the exact condition of the vehicle. However, if for whatever reason the customer is not happy with their purchase, Driverama promises to provide a 15-day ‘no questions asked’ full money back guarantee.
Driverama trialled its new operations, selling over 100 vehicles at the start of January, to ensure that all online, in-person and delivery processes were fine-tuned for its customers. Since opening its first branch in July 2021, Driverama has rapidly expanded in the German market, opening branches in Bremen, Dortmund, Hamburg, Hannover, Herne, and two in Berlin and Dusseldorf, and is now the most trusted used car platform on German Trustpilot with an average trust score of 5/5.
Stan Galik, CEO of Driverama, said: “Today marks an important milestone for Driverama, as we launch our retail selling operations in Germany, meaning customers can buy a car from us for the very first time. Customer service is at the heart of what we do – so whether a customer wants to inspect the car themselves at our Dusseldorf warehouse before purchasing, or if they have any questions for our professional and knowledgeable Delivery Buddies when the car is delivered to their doorstep or if they simply want to return the car for a full refund – we remain absolutely committed to a fair and transparent process. We are excited to see how many German customers are welcoming the new service and look forward to providing many more customers with a convenient, fair, hassle-free option, with no ‘gotcha’ moments, when buying a used car.”
Driverama is part of AURES Holdings, the largest independent used car retailer in Europe, based on the number of cars sold, with over 2.7 million customers served since the company was established in 1992.
For more information, please contact:
FTI Consulting (Financial PR) Andrew Todd, Emily Berrill
Email: driverama@fticonsulting.com
About Driverama
Driverama is a new online platform for buyers and sellers of pre-owned cars in Europe. Driverama is a new brand, concept and business entity which has been launched and developed by AURES Holdings. It combines the best of all channels in pre-owned car retailing – AURES’ proven, decades-long experience, knowhow and physical infrastructure along with its leading-edge data science capabilities and scale, machine learning tools, artificial intelligence and proprietary algorithms.
About AURES
AURES Holdings Group has been in business for 30 years. It operates a network of nearly fifty branches in the Czech Republic, Slovakia, Poland and Hungary. During its existence it has served over 2.7 million customers, making it the largest used car dealer in Europe, based on the number of cars sold. It also sells used cars under the renewed Mototechna brand. It operates in Western markets through Driverama. The Group is owned by the British-Polish Abris Capital Partners private equity fund.
