About CarEdge

YAA provides automobile data management tools that offer users access to exclusive pricing data, dealer offers, and tailored negotiation guides for both new and used vehicle purchases. This platform addresses the lack of transparency in the car buying process, enabling consumers to make informed decisions and secure better deals.

```xml <problem> The car buying process often lacks transparency, leaving consumers without access to crucial pricing data, dealer incentives, and effective negotiation strategies. This information asymmetry makes it difficult for buyers to make informed decisions and secure the best possible deals on new or used vehicles. </problem> <solution> CarEdge provides a comprehensive suite of tools and resources designed to empower car buyers with the knowledge they need to navigate the market effectively. The platform offers access to exclusive pricing data, dealer offers, and negotiation guides tailored to specific vehicles. CarEdge also provides research tools, including cost-of-ownership breakdowns, value rankings, and comparisons of insurance and maintenance costs, enabling users to assess the long-term financial implications of their purchase. In addition to self-service tools, CarEdge offers a concierge car buying service, providing expert-led negotiation and vehicle delivery. </solution> <features> - Access to exclusive pricing data and dealer incentives for new and used vehicles - Negotiation guides tailored to specific makes and models - Research tools including depreciation calculators, insurance calculators, and maintenance cost estimators - CarEdge Insights, providing market data and analysis on vehicle listings - Black Book valuation tool for assessing trade-in and purchase values - Cost-of-ownership breakdowns and value rankings for various vehicle types - Concierge car buying service with expert-led negotiation and vehicle delivery - Side-by-side comparisons of vehicle reliability based on consumer reports </features> <target_audience> CarEdge primarily targets individual car buyers seeking to make informed decisions and secure the best possible deals on new or used vehicles, as well as those looking for assistance with the negotiation and purchasing process. </target_audience> <revenue_model> CarEdge generates revenue through subscriptions to CarEdge Insights, which unlocks market insights and Black Book valuation tools, and fees for its concierge car buying service. </revenue_model> ```

What does CarEdge do?

Where is CarEdge located?

CarEdge is based in Kensington, United States.

When was CarEdge founded?

CarEdge was founded in 2020.

How much funding has CarEdge raised?

CarEdge has raised 5970000.

Location

Kensington, United States

Founded

2020

Funding

5970000

Employees

32 employees

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CarEdge

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Executive Summary

caredge.com 1K+

Founded 2020 – Kensington, United States

Funding

Estimated Funding

$5M+

Team (30+)

No team information available.

Company Description

Problem

The car buying process often lacks transparency, leaving consumers without access to crucial pricing data, dealer incentives, and effective negotiation strategies. This information asymmetry makes it difficult for buyers to make informed decisions and secure the best possible deals on new or used vehicles.

Solution

CarEdge provides a comprehensive suite of tools and resources designed to empower car buyers with the knowledge they need to navigate the market effectively. The platform offers access to exclusive pricing data, dealer offers, and negotiation guides tailored to specific vehicles. CarEdge also provides research tools, including cost-of-ownership breakdowns, value rankings, and comparisons of insurance and maintenance costs, enabling users to assess the long-term financial implications of their purchase. In addition to self-service tools, CarEdge offers a concierge car buying service, providing expert-led negotiation and vehicle delivery.

Features

Access to exclusive pricing data and dealer incentives for new and used vehicles

Negotiation guides tailored to specific makes and models

Research tools including depreciation calculators, insurance calculators, and maintenance cost estimators

CarEdge Insights, providing market data and analysis on vehicle listings

Black Book valuation tool for assessing trade-in and purchase values

Cost-of-ownership breakdowns and value rankings for various vehicle types

Concierge car buying service with expert-led negotiation and vehicle delivery

Side-by-side comparisons of vehicle reliability based on consumer reports

Target Audience

CarEdge primarily targets individual car buyers seeking to make informed decisions and secure the best possible deals on new or used vehicles, as well as those looking for assistance with the negotiation and purchasing process.

Revenue Model

CarEdge generates revenue through subscriptions to CarEdge Insights, which unlocks market insights and Black Book valuation tools, and fees for its concierge car buying service.