Our shopping habits have drastically changed with the revolution of technology. The customer’s requirements have been modified, and the same goes for buying & selling used cars. People have opted to perform this work online using digital methods.
According to UBS, more than half of total car sales will be made online by 2030 which shows how fast the market will change in the future.
It means the time for traditional dealers to perform quality used car app development has arrived for using the most of this opportunity. It won’t only give convenience to the customers but also assist in boosting the business.
These apps can become top-level platforms for fulfilling the needs of both sellers and buyers. If we talk about the past year, customers made nearly 35% of total used car sales online.
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Car Buy-Sell Market & Stats
The new car sales have significantly slowed down. On the other hand, the pre-owned car market has continued to grow over the past years and is larger than the new car market now.
The market size, measured by revenue, of the Used Car Dealers industry in the USA, is $146.5bn in 2022.
According to a report by Technavio, the used car market share in the USA is expected to increase by 3.91 million units from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 1.98%.
Used Car Market in the Asia Pacific [2020-2030]
How does Online Automotive Marketplace Work?
Talking about the used car industry, these days buyers explore various websites and applications to select vehicles of their choice.
Once the user finalizes the vehicle they get in touch with the respective seller and get the vehicle checked by a known mechanic so as to authenticate it with the provided listing details.
This also helps in avoiding any inconvenience and dissatisfaction with the purchase. At last, the deal is finalized, and all the paper formalities are completed by both parties.
Business Model of Used Car Business
The success of a used car app hugely depends on the type of selected business model. There are mainly two versions used for used car applications- aggregator and dedicated these days. Allow us to explain both with proper explanation.
This model’s app operates as a platform for a particular business from the automobile industry. Here, the owner of this app lists vehicles for sale and allows clients to inquire about the same.
They can proceed with the transaction after feeling satisfied with the purchase. In this kind of app, only owners can update the listings and prices of vehicles.
An aggregator-used car app is an online platform for connecting sellers with potential buyers. The creator of this app gives access to an infrastructure for sellers to list their vehicles that buyers can browse using various tools and filters.
Read Also: Car Leasing Mobile App Development Cost
How Used Car Bussiness helps?
Gone are the days when people had to visit a dealer’s office to buy a used car. In today’s time, it is as easy as simply taking your smartphone and just selecting the car, getting complete details, and buying a used car.
Various automobile manufacturing companies, car dealers, and used car dealers are increasingly moving to mobile applications for efficient, fast-paced, and customer-centric services.
Benefits to the Dealers:
- Giving instant responses to questions of customers regarding the vehicles.
- Accepting online customer requests for test driving of cars.
- Enjoying secure and transparent payments
- Effective customer feedback for services
Benefits to the Customers:
- Given a choice to view a wide array of vehicles at the convenience of their house.
- Provide instant price quotation
- Allow them to book test drives quickly and easily
- Liberty for comparing various vehicles online
Benefits to the Car brands:
- Online and offline integration of the car inventory.
- Certified cars with certain checkpoints.
- Warranty Services.
- Road Side Assistance Service.
Features of Used Car Mobile App
|User Panel||Dealer Panel||Admin Panel|
Top Buy & Sell Used Car Mobile Apps
There is a plethora of used car apps available these days for both Android and iOS systems. However, few of them have dominated the market which we have mentioned in this part.
AutoScout24 should be the premier choice for those who want convenience at their fingertips. They have a very intuitive system that ensures the entire process goes smoothly for both parties.
Additionally, the app takes responsibility for verified buyers and ensures no fraud happens with their customers. It helps them to attain full value for their investment.
The next option we recommend is CarMax, which attains popularity for presenting a wide range of models. It is a must-visit app for those who want ease of use and convenience while making trades and purchases.
Also, they allow a test drive to customers who can move to the nearest CarMax location in their area.
Carvana is an authentic used car mobile app making the sale and purchase operations smooth for customers. They look unique from the others due to their unique car vending machine, the first of its kind in the United States.
The yearly revenue of the company was approximately US$ 13 billion which arrived from the sale of over 420,000 units in 2021.
CarDekho is one of the most convincing used car apps allowing anyone to sell or buy a used car easily. They have a very strong presence in cities like Jaipur, Delhi, Mumbai, Hyderabad, and Bangalore.
The users can find more than 1 lakh cars listed for sale in various portions of the country here. Also, creating a listing is very straightforward on this site which saves time and helps in completing the process hassle-free.
Cars24 is another excellent for buying and selling old cars with ease. Their professional team makes sure the process goes smoother without any trouble.
If someone sells their car to this platform, it roughly takes 3 working days to complete everything that includes inspection and payment. It is pretty amazing considering how busy everyone is in their lives.
Read Also: On-Demand Car Wash App Development in UAE
Advanced Features of Used Car Apps
Social Media Login
The used car mobile app should allow the users to log in using various social media credentials apart from traditional methods, like phone numbers and email IDs. It ensures hassle-free and convenient access for the users.
3D Model View and Virtual Tour
With this feature, you can get a complete 3D view of the car from interior and exterior both. You can move the cursor to get the exact detailing of the car.
Customers can select a particular car and schedule an appointment for the same at their convenience. The dealers also get the notification and share the confirmation of the appointment with the customer on their mentioned contact details.
Used Car Valuation Tool
This tool helps the customer in getting an estimated valuation of the car with the help of the details like make and model, brand, total miles covered by the car, number of owners, and the city of registration.
The application shares an estimated cost which may vary depending on the physical condition of the car. This tool helps the customers in getting a rough estimation of the value of the car.
Roadside Assistance (RSA) is a 24×7 emergency service that is offered in case of a breakdown of a vehicle. RSA intends to reduce the inconvenience caused by any failure of a car.
Roadside assistance covers different services like on-site assistance, flat tire, towing, dead battery, key lost or door locked, fuel delivery up to 5 liters, cab assistance & more.
In-App Chat & Calls
This feature helps the customers in getting instant query resolution with the sellers. Customers can get in touch with the respective sellers either by chat or call to get the best-offered price and car details such as the availability, and its location for the physical inspection.
If you are willing to sell your car, then by this feature you can click the best pictures of your car covering it’s entire physical and exterior and post the advertisement of the car.
It is advisable to click around 10-15 pictures so that the customer who views the advertisement can get the complete detailing of the car and make the decision accordingly.
Lead Management Systems Integration
Under this feature, the dealers can keep proper track of the potential buyers and convert those leads into sales. Also, the dealers can get the notification for hot deals such as a customer who wants to buy a car in a day or two so they can arrange the executive for the customer and can help accordingly.
Under this, the brand or application presence is capitalized in many ways. With these tools, marketing campaigns can be run on various platforms and their performance can be analyzed so to make a better marketing strategy.
Having videos within the app can improve user engagement by a large margin. There can be videos of vehicle tours, tips, tutorials, etc. All these videos build trust among the customers by offering an extra layer of transparency.
You can keep track of the customer’s purchase with a specific brand. Moreover, to maintain the relationship some rewards or offers can be provided that can add an extra smile to the customer’s face, directly impacting the experience and the brand value.
This is the most important decision-making feature where the customers can compare cars side by side and get insight into the offerings. Consequently, they can make a fruitful decision that offers maximum value for their money.
Loan EMI Calculation
Under this feature, the customer can get a rough estimation of the monthly EMI. The customer is required to fill in the card details, the amount of the down payment, and loan tenure and can get an estimation of the monthly EMI.
This can help the users in making certain calculations if required in the application itself.
This feature handles all the advertisements that are being displayed within or outside the application or other social sites.
Under this feature, the ads are completely validated along with the content running on them, the time for which they are displayed, sited to which they re-direct, and the platforms on which they are published.
This is the most important feature that helps in understanding the customer’s interest. How frequently the application is being used, and what are the cars the customers have searched for?
With these details, the ads can be managed, and accordingly, the notifications can also be sent to the customers. This also adds an advantage to customer personalization.
Real-time analytics is a dedicated feature for the admin. This feature allows admins to get real-time insights into the application – the number of active users, financial analytics, marketing analytics, etc.
Customers interact with the bot that provides personal assistance to customers. By this, the user experience does not hamper, and they feel connected and addressed.
This is the most essential feature of a used car sell-and-buy application. The geolocation feature captures the geographic location of the user, and the app displays the information accordingly.
It emphasizes providing the “Right Car Right Now” For instance, if the user is located somewhere in the southern region, it will present the details of the cars available in the southern region.
Role-based dashboards are yet another admin-exclusive feature. These dashboards show dedicated analytic information to the admins according to their roles and requirements.
Push notifications should be a necessary part of the mobile app allowing users to stay updated regarding the latest listings, deals, discounts, and many more. It lets the apps stay connected with the users for extra convenience.
Buy & Sell Used Car App Development Process
Success in online car selling and buying depends on the practices used while making the mobile app. It is essential to not leave a room even for a single error. Look at our step-by-step guide to developing a professional used car mobile app.
Creating a Business Model & Project Requirements
The first thing that needs to be done is to document every thought of the business model. The main motive of this step is to specify the project requirements and develop a road map for completing the development process.
App Design Creation
The next focus should be creating a professional app design with attractive colors and a user-friendly interface. It is strongly recommended to research the end-users behaviors and develop samples to ensure smoother integration. Experts believe wireframing and prototyping is the ideal process to visualize the app.
Choosing Technology Stack
Once the first two steps are completed, it’s time for a professional developer to select a technology stack to match the requirements.
Always ensure the selected tech stack should include front-end & back-end technologies, maps integration, platform-specific programming language, etc.
This step depends on whether the apps need to be built for Android, iOS, or both. It is a very important decision affecting performance, cost, and many other parameters for the app.
After completing the coding work, the app should surely move through the quality assurance process. It will ensure the app get free from bugs and malfunctions.
Once all these steps are completed, the app must be launched followed by performing various marketing and maintenance strategies.
It is quite a task to build a Buy & Sell Used car mobile app that is informative, user-friendly, and performs its intended function.
Nowadays, people have started selling and buying used cars on online platforms, as they offer them better deals from the comfort of their homes.
A buy & sell used car mobile app does not only assist users to get the minutest possible details in the form of pictures, 3-D videos, user reviews, and comparisons but it also helps them make informed decisions with the help of CRM staff.
If you are aiming to develop a mobile app, then it is worth hiring a reputed mobile app development company that can strike a perfect balance between UI/UX and usability to deliver a successful application for your business.
The app experts at Arka Softwares can integrate innovative technologies and app development strategies to ensure your app works impeccably, therefore promising an unparalleled quality solution.
Buy & Sell Used Car Mobile App – FAQs
- Is technology changing people’s car buying experience?
Yes, digital technologies have shifted people’s way of the used car buying process. There are lots of platforms that have even started employing virtual reality in their system.
- What should be the major characteristics of a well-used car app?
A quality used car app always comes with quicker loading time, superior user support, a well-designed UI, and excellent data protection.
- What is the average cost of making a professional used car app?
On average, the total MVP cost for creating a quality used car app is around US$ 15,000. To create a full-fledged application the cost may float anywhere between US$ 20,000 to US$ 35,000 depending on the size, complexity, and performance built of the application.
- Is used car app development worthy of investment?
Considering the future trends of digitization, it is worth investing in used car app development to make terrific returns in the future.
- How many people are buying vehicles using used car apps in 2022?
As per a local survey, over 20% of people are making online used car purchases, and the numbers are expected to rise in the future.