This company is no longer in business. Investors can get details about any potential exits or failures here.

Perfect Price Auto

Perfect Price Auto

Early Stage

Simplify the New Car Buying Experience

Simplify the New Car Buying Experience

Overview

Raised this Round: Raised: $6,200

Total Commitments ($USD)

Platform

StartEngine

Start Date

10/01/2017

Close Date

12/28/2017

Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment

$160

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.40

Pre-Money Valuation

$4,000,000

Year Founded

2015

Industry

Transportation, Automotive, Aviation, & Aerospace

Tech Sector

Location

Lancaster, California

Unless you’re in the market for your fifth Lamborghini, the process of buying and selling cars is not a fun time. It’s the opposite of a fun time. It’s a messy, annoying, headache-inducing, time-consuming, reach-for-the-aspirin type of not fun time.

Enter Perfect Price Auto -- the company that will end the car sales runaround and simplify the car buying and selling experience. Here’s how it works: the potential car buyer submits their ideal car to a group of car dealers. The dealers then submit their offers directly to the buyer. The dealers can also see what other dealers are offering, and, in return, they can renegotiate and change their offer as many times as they want. The customer is then able to pick their car at the price they want. Once that decision is made, contact information between the buyer and seller is exchanged, and boom! Easy peasy, lemon squeegee, car is sold.

Although there are many other companies out there already working to do this (TrueCar, Cars.com, Kelly Blue Book, etc.), here’s how Perfect Price Auto is different. First, the consumer is protected -- they don’t give any personal contact information until the deal is confirmed. Second, the dealers can adjust their offers on a case-by-case basis. Third, they can see the competitors’ offers at the same time. And fourth - the dealer goes directly to the customer, not the other way around.

The three co-founders have a combined 34 years of auto industry sales experience and 18 years of design and implementation. They know the car customer and dealer, and they know what both want. However, be warned - their product is still in beta mode and hasn’t proven to be successful or profitable yet. All of their predictions are just that - predictions. If you think the world needs another car sales platform, then by all means, Perfect Price Auto is the Perfect Price investment. And let’s be honest - the world just might. However, if you think that just thinking about another care sales platform gives you another car headache...then maybe it’s time to keep driving.
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Perfect Price Auto on Start Engine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $4,000,000
Price per Share: $0.40

Follow company

Follow Perfect Price Auto on Start Engine

Buy Perfect Price Auto's Deal Report

Warning: according to the close date for this deal, Perfect Price Auto may no longer be accepting investments.

Perfect Price Auto Deal Report

Get KingsCrowd’s comprehensive report on Perfect Price Auto including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Perfect Price Auto is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Perfect Price Auto deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge