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Car brokers specialise in helping car buyers source and buy cars. They typically offer services such as finding a particular used car model to fit a budget, getting the lowest price on a new car, or negotiating with a used car seller on behalf of a client that already located the car by themselves.
CAR Group, originally named carsales was established in 1997 and founded by Greg Roebuck and Wal Pisciotta in Melbourne, Australia with what was at the time just a small idea of moving print classified advertisements for motor vehicles onto the internet.
In August 2016, Cox Automotive bought out News Corp Australia's 55% stake in CarsGuide.com.au, forming the new automotive venture, Cox Automotive Australia. [10] [11] [12] This eventually led to the launch of the Autotrader.com.au website in October 2018, alongside the Australian arm of Kelley Blue Book.
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The state of online car shopping is strong. For premium support please call: 800-290-4726 more ways to reach us
In 2021, Channel Seven acquired a minority stake on the website for $4 million. [3] [6] In the same year, CarExpert received the website of the year award. [1] CarExpert also opened its first retail store in 2021. [8] In 2022, it received $10 million in investment and acquired Price My Car. [3] The website is in process to be publicly listed. [3]
In December 2020, there were almost 100 used electric cars listed on carsales.com.au. [100] 42% of used electric cars were listed under $50,000. [100] While 23% of used electric cars were listed under $20,000. [100] The lowest price for a used electric car in Australia was $11,990 as of December 2020 and $8,900 as of 2021. [100]
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