PrivateAuto is a platform used to safely buy and sell cars privately. The platform focuses on high-end vehicles, selling for over $20,000, but lower priced vehicles can also sell on the platform. PrivateAuto offers more than just a place to advertise a car for sale, the platform has done a significant integration with the backend APIs of a traditional bank, allowing users to connect their bank accounts and transfer money between two parties, verify a driver’s license, and e-sign the bill of sale, all in one place.
Brad Parker, Andy Lewis, Dana Marchlowitz
PrivateAuto Launches a Safe Platform to Buy and Sell High-end Vehicles, Mattea Gygi, June 8th, 2022