CarSaver - Most Innovative Tech Company of the Year
Company: CarSaver, Franklin, TN
Entry Submitted By: High10 Media
Company Description: CarSaver is the leading provider of automotive e-commerce solutions with an end-to-end digital retail platform that automates the entire online buying process, from first click to home delivery. It is the first and only enterprise platform that makes it easy to buy, finance, lease, insure, maintain and sell new and used vehicles online. CarSaver has partnerships with Nissan, Walmart and SHOP.com.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Most Innovative Tech Company of the Year - Up to 100 Employees
Nomination Title: CarSaver
Launched in 2016, CarSaver is the leading provider of automotive e-commerce solutions. CarSaver’s end-to-end digital retail platform makes car buying easy by automating the entire online buying process, from the first click to home delivery. CarSaver is the first and only enterprise platform that makes it easy to buy, finance, lease, insure, maintain and sell all the top brands of new and used vehicles online. CarSaver’s e-commerce platform is being utilized by car companies, dealers and trusted brands like Nissan, Walmart and SHOP.com, to help their customers save time and money when buying new and used cars. CarSaver has experienced tremendous growth since launch, growing revenue 162% and increasing YOY sales by over 360% in 2020.
Since 2019, CarSaver has expanded its collaboration with Walmart as its exclusive auto buying platform partner to provide a frictionless purchasing experience for their 240 million customers and 1.7 million employees nationwide. CarSaver has built a nationwide certified dealer, lender, and insurance carrier network as part of its partnership with Walmart and is the first company to offer a no-cost lifetime warranty on top brands of new and used cars. CarSaver sales were up 234% in 2019 and 361% in 2020.
In 2020, CarSaver launched the industry’s first, end-to-end, 100% online car buying platform for new and used vehicles. The platform allows a customer to buy right on their phone and have the car delivered to their door. Nissan selected CarSaver to power its new online shopping platform, Nissan@Home. CarSaver’s enterprise technology is enabling Nissan and Nissan dealers to be the first to sell new and used cars 100% online.
CarSaver was able to quickly respond to the changing needs of dealers and consumers during the COVID-19 global pandemic to provide a contactless, online purchasing experience. CarSaver is a great example of a business that was already driving innovation in the auto industry and could quickly and easily provide a solution for car companies, dealers and consumers.
Additionally, at the beginning of the pandemic CarSaver launched Stimulusplanner.com, a free, comprehensive resource for businesses to navigate the stimulus funding programs, so they could keep their doors open and staff employed and for families to protect themselves.
CarSaver is revolutionizing automotive retail by providing an end-to-end digital retail platform that automates the entire online buying process, from the first click to home delivery for new and used vehicles. CarSaver has a unique position in the automotive retail landscape. It’s not like its e-commerce competitors who are looking to steal share from dealers in the used car market. Instead, CarSaver enables dealers to compete with these disruptors by selling new and used cars online utilizing CarSaver’s ecommerce platform and through its partnership with WalMart, shop.com and its licensing agreements with car companies like Nissan. Through these channels, CarSaver offers both new and used cars and has a much larger inventory available than its competitors. CarSaver also solves for one of the major roadblocks in purchasing a car--Trust. Through its partnership with WalMart, CarSaver uses rigorous standards to certify all participating dealers and offers a lifetime warranty with every purchase, a first for the auto industry. In fact, some certified dealers have seen an increase of anywhere from 50-70 cars sold a month because of the lifetime warranty.
Website: https://www.carsaver.com/
CarSaver to Help Power Nissan@Home Platform https://www.autosuccessonline.com/carsaver-nissanhome-platform/
Reinventing Retail https://www.autosuccessonline.com/reinventing-retail/
Watch voice of the dealer testimonials at https://www.carsaverecommerce.com
https://www.dealernewstoday.com/carsaver-at-walmart-hits-the-road-running/
https://www.autosuccessonline.com/top-10-companies-to-watch-in-2021/