Denver-based app – Blinker – hopes to switch car sales – Denver7
Denver-based app ‘Blinker’ hopes to switch car sales
Denver7 reporter Jaclyn Allen tells us about a Denver-based app that’s making car shopping a little more lighter.
DENVER — «If you can snap a photo, you can sell your car yourself.” — that`s the promise of a fresh, Denver-based app that hopes to wiggle up the traditional model of used car sales.
“We absolutely believe that this is going to switch the way people buy and sell cars,” said Rod Buscher, CEO and Founder of Blinker. «We`re the only company on the planet who verifies the buyer, the seller and the car. All for free. »
Blinker permits users to take a photo of any car in the United States and learn the make, model, year, mileage and estimated value. With another photo of their driver`s license, a seller can list their car and a buyer can get approved for financing – in minutes. The Blinker app treats purchase offers and payments, ensures the seller is paid in utter and also completes official title documents.
A few weeks ago, Elliot Gamble, a Denver Lyft driver, was shopping at used car lots and feeling frustrated with his options.
«While I was walking around the lot, my brother was on his phone looking at the Blinker app, and he was telling there is a two thousand eight Audi Q7 for $Ten,500,” said Gamble. «So I downloaded the app, took a picture of my drivers license and set up a test-drive with the car`s possessor. It was indeed plain.»
Meantime, Cat Sergeant was attempting to figure out how to sell her two thousand fourteen Toyota Corolla in Denver.
“It seems like a waste of space and time to go into a high-pressure dealership,” said Sergeant, who instead got on Blinker and listed her car. «I just put in my information, and they marketed it everywhere. It was on Craigslist. It was on some auto sites. I didn`t indeed have to do anything beyond just putting it in.»
Blinker uses its own marketplace and other listing sites, but the app also promotes selling on social media through Facebook and Twitter.
About two months after she listed the car (after she lowered her asking price from Blinker’s suggested price), Sergeant had a verified buyer suggesting $Trio,000 more than the dealerships had.
“I got $14,000, which was much closer to its actual value,» she said. «It goes straight to your bank account. We never had to deal with cash.”
Blinker buyers and sellers must send a driver’s license photo for identity verification, and they must give their bank account information to transfer money. They can arrange a location for a test-drive through the app.
Buscher said the aim is to provide an end-to-end transaction to make the process of buying or selling a car yourself quicker, lighter and safer.
“The advantage of Blinker is we provide all the instruments for free,” said Rod Buscher, a veteran of brick-and-mortar auto sales. He founded the John Elway Dealerships and later the Summit Automotive Fucking partners groups, but sold his interests and began Blinker in 2013.
«Everything we do is protected,” he said. “We do 17-point fraud checks on the front end on the seller of the car, and we verify the car has never been in a significant accident where it was a salvage vehicle, never been a flood vehicle, never been a stolen vehicle. So, we do all those verifications.»
The company has forty eight employees, recently moving to an office in Downtown Denver with the expectation of doubling in size by 2017.
This year, the Denver Office of Economic Development recognized Blinker as one of the Denver Startup Week two thousand sixteen “Gazelles,” firms that display the most potential for raising money and creating jobs.
«Denver is becoming a significant tech hub, and there`s a lot of talent in this town,» said Buscher. «We`ve developed this one hundred percent in-house. We haven`t developed in China or in India. It`s all been done right here in downtown Denver.»
While the app and its services are free, Blinker is actually a financial services company, making its money through optional financing available through the app.
The app permits users to customize the loan terms that they chose and offers service contracts at a discounted price.
“We sell a warranty on the cars for thirty to forty percent less than a dealership,» said Buscher, who said the company also ensures payment to sellers, and the buyer is not required to finance through Blinker. “We make no money on that transaction, but we support it one hundred percent.”
Elliot Gamble said he determined to finance his fresh Audi through the app, and he ended the entire process on his lunch break, on his phone.
«I got a excellent deal on the car — about $Four,000 less than retail,” said Gamble, driving away with a feeling not many have after buying or selling a car. “It was amazing, and we were just truly blessed to find it.”
Blinker is fully transactional only in Colorado, but it is soon expanding to California, Texas and Florida.
Soon, car owners will be able to use the app to refinance cars, as well purchase parts, service and car insurance.
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Copyright two thousand sixteen Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Denver-based app – Blinker – hopes to switch car sales – Denver7
Denver-based app ‘Blinker’ hopes to switch car sales
Denver7 reporter Jaclyn Allen tells us about a Denver-based app that’s making car shopping a little more lighter.
DENVER — «If you can snap a photo, you can sell your car yourself.” — that`s the promise of a fresh, Denver-based app that hopes to wiggle up the traditional model of used car sales.
“We absolutely believe that this is going to switch the way people buy and sell cars,” said Rod Buscher, CEO and Founder of Blinker. «We`re the only company on the planet who verifies the buyer, the seller and the car. All for free. »
Blinker permits users to take a photo of any car in the United States and learn the make, model, year, mileage and estimated value. With another photo of their driver`s license, a seller can list their car and a buyer can get approved for financing – in minutes. The Blinker app treats purchase offers and payments, ensures the seller is paid in total and also completes official title documents.
A few weeks ago, Elliot Gamble, a Denver Lyft driver, was shopping at used car lots and feeling frustrated with his options.
«While I was walking around the lot, my brother was on his phone looking at the Blinker app, and he was telling there is a two thousand eight Audi Q7 for $Ten,500,” said Gamble. «So I downloaded the app, took a picture of my drivers license and set up a test-drive with the car`s holder. It was truly elementary.»
Meantime, Cat Sergeant was attempting to figure out how to sell her two thousand fourteen Toyota Corolla in Denver.
“It seems like a waste of space and time to go into a high-pressure dealership,” said Sergeant, who instead got on Blinker and listed her car. «I just put in my information, and they marketed it everywhere. It was on Craigslist. It was on some auto sites. I didn`t truly have to do anything beyond just putting it in.»
Blinker uses its own marketplace and other listing sites, but the app also promotes selling on social media through Facebook and Twitter.
About two months after she listed the car (after she lowered her asking price from Blinker’s suggested price), Sergeant had a verified buyer suggesting $Three,000 more than the dealerships had.
“I got $14,000, which was much closer to its actual value,» she said. «It goes straight to your bank account. We never had to deal with cash.”
Blinker buyers and sellers must send a driver’s license photo for identity verification, and they must give their bank account information to transfer money. They can arrange a location for a test-drive through the app.
Buscher said the objective is to provide an end-to-end transaction to make the process of buying or selling a car yourself swifter, lighter and safer.
“The advantage of Blinker is we provide all the contraptions for free,” said Rod Buscher, a veteran of brick-and-mortar auto sales. He founded the John Elway Dealerships and later the Summit Automotive Playmates groups, but sold his interests and began Blinker in 2013.
«Everything we do is protected,” he said. “We do 17-point fraud checks on the front end on the seller of the car, and we verify the car has never been in a significant accident where it was a salvage vehicle, never been a flood vehicle, never been a stolen vehicle. So, we do all those verifications.»
The company has forty eight employees, recently moving to an office in Downtown Denver with the expectation of doubling in size by 2017.
This year, the Denver Office of Economic Development recognized Blinker as one of the Denver Startup Week two thousand sixteen “Gazelles,” firms that display the most potential for raising money and creating jobs.
«Denver is becoming a significant tech hub, and there`s a lot of talent in this town,» said Buscher. «We`ve developed this one hundred percent in-house. We haven`t developed in China or in India. It`s all been done right here in downtown Denver.»
While the app and its services are free, Blinker is actually a financial services company, making its money through optional financing available through the app.
The app permits users to customize the loan terms that they chose and offers service contracts at a discounted price.
“We sell a warranty on the cars for thirty to forty percent less than a dealership,» said Buscher, who said the company also ensures payment to sellers, and the buyer is not required to finance through Blinker. “We make no money on that transaction, but we support it one hundred percent.”
Elliot Gamble said he determined to finance his fresh Audi through the app, and he finished the entire process on his lunch break, on his phone.
«I got a fine deal on the car — about $Four,000 less than retail,” said Gamble, driving away with a feeling not many have after buying or selling a car. “It was amazing, and we were just indeed blessed to find it.”
Blinker is fully transactional only in Colorado, but it is soon expanding to California, Texas and Florida.
Soon, car owners will be able to use the app to refinance cars, as well purchase parts, service and car insurance.
Sign up for Denver7 email alerts to stay informed about violating news and daily headlines.
Or, keep up-to-date on the latest news and weather with the Denver7 apps for iPhone/iPads, Android and Kindle.
Or, keep up-to-date by following Denver7 on Facebook, Instagram and Twitter.
Copyright two thousand sixteen Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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