
Motorenn
Used Vehicle Dealership Los Angeles CA | Motorenn.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Motorenn is an online marketplace for buying and selling used luxury and exotic cars. The company aims to simplify the process of acquiring and selling high-end vehicles by handling the entire transaction online, from purchase to financing and reconditioning. Motorenn provides a "one-stop-shop" experience, offering services that include consignment, financing options through partnerships with specialized lenders, and a service center with factory-trained technicians for maintenance and repairs.
The company's business model focuses on the consignment of luxury vehicles, where they manage the reconditioning and sale process on behalf of the owner. They also offer a curated inventory of high-end cars for sale, such as Porsche, Maserati, and classic models like the Jaguar E-Type. Their target market consists of affluent individuals, car enthusiasts, and collectors who are looking for a convenient and trustworthy platform for their high-value automotive transactions. Motorenn generates revenue through commissions on consigned vehicle sales, direct sales of their inventory, and fees for their specialized maintenance and repair services.
Keywords: luxury cars, exotic cars, online marketplace, car consignment, auto financing, car maintenance, used cars, car sales, automotive, high-end vehicles