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AUTO24 Analysis

What is AUTO24?

AUTO24 is a pan-African online marketplace specializing in buying, trading, and selling certified pre-owned vehicles. Their approach emphasizes trust, transparency, and safety, ensuring that all vehicles are inspected and verified. This enables customers to access a wide range of makes and models with professional services across multiple African countries.
Employees
51-200
Founded
2008
Industry
Marketplace, Automotive Service, Insuretech

Product Features & Capabilities

  • Certified pre-owned vehicle listings with inspection reports
  • Vehicle trading services for individuals and dealers
  • Professional vehicle financing options
  • Comprehensive car insurance solutions
  • Customer support for buying and selling processes.

Use Cases

Buy certified pre-owned vehicles with verified history; Trade in old vehicles for new purchases; Access financing options for vehicle purchases; Obtain insurance for pre-owned vehicles; Sell used cars with professional assistance.

Other Considerations

Operates in multiple African countries; Part of Africar Group Pty Ltd; Focused on transparency and safety in vehicle transactions.

Financial Overview

Corporate Round
September 12, 2022
Investors: Stellantis
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