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CarsDirect was founded in 1998 by Scott Painter, launched from the business incubator Idealab. It was the first company to sell vehicles online directly to consumers, rather than referring consumers to brick-and-mortar dealers.
WalletPop's Lan Nguyen chats with Scott Painter, founder of CarsDirect.com, Zag.com and TrueCar.com. Painter, who fell in love with cars at 14, has founded 30 companies, half in the automotive ...
Scott Painter (born September 30, 1968) is an American investor and entrepreneur in the technology and automotive industries.. In 2016, he co-founded Fair, Inc., a Los Angeles–based automotive financial technology company, with Georg Bauer [1]
Cars.com is an automotive classified website focused on the United States that launched in June 1998 and now is the second largest automotive classified site. [2] Its headquarters are located in Chicago, Illinois. [3] Cars.com also offers expert car reviews, news and research from its dedicated Editorial team.
[3] [7] The following year CarsDirect.com and Reynolds and Reynolds introduced a car shopping website called CarsDirect Connect. [3] [8] [9] [a] In November 2002, it acquired Networkcar Inc. (now Verizon Networkfleet) and further developed its telematics device, CAReader. This product communicates a car's mechanical status to a dealer. [10]
The website aggregates new, demonstrator and second-hand cars. For buyers, the company provides access to support and guidance, to allow them to make a more educated purchasing decision. They also provide transparent information about the dealer of the car, including the location, the name, a photo of the sales manager , their dealership rating ...
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