The Pressroom

The industry's standard has been changed!

20 / 11 / 2016

CityPress

Sell your car privately and safely

If you want to sell your car privately but you’re worried about the safety of the transaction, check out carzar.co.za – an online second-hand car buyer that aims to fill the space between selling to an individual, which comes with inherent risks, or trading your car in at a dealership and losing money.

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04 / 10 / 2016

WomenonWheels

Here's an easier and safer way to sell your car online

Digital disruption is rapidly gathering steam in South Africa’s second-hand car industry, with tech start-up CarZar offering an online-only model, a 30 minute sales service and data-based pricing. The car industry is one in a long line of industries which have been vigorously shaken up by online business models with lean set-ups, low costs, no middlemen and fast turnaround times.

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10 / 10 / 2016

Fin24

SA vehicle trading start-up goes live

Harare – A new tech start-up venture, www.carzar.co.za that is backed by Silvertree Capital – the investment firm behind PriceCheck – has gone live, aiming to help sellers and buyers of pre-owned vehicles in South Africa to transact and meet on a digital market platform.

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06 / 10 / 2016

VentureBurn

CarZar gets backed by Silvertree Capital

Venture Capital firm Silvertree Capital, who backed PriceCheck and CyberCellar, is now backing second-hand auto-trader CarZar.

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06 / 10 / 2016

Distrupt-Africa

Silvertree Capital backs SA vehicle marketplace CarZar

South African venture capital firm Silvertree Capital has invested in local startup CarZar, an online marketplace for the second-hand auto-trade market.

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07 / 10 / 2016

TechMoran

Silvertree Capital invests into South Africa’s CarZar, an online auto marketplace

Silvertree Capital, the Cape Town-based venture capital firm behind PriceCheck.co.za and CyberCellar.co.za, has invested an undisclosed amount of funding into South Africa’s CarZar.co.za, an online auto vertical founded in 2016.

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10 / 10 / 2016

Bizcommunity

Digital the new driver behind SA's second-hand car industry

Fernando Azevedo Pinheiro, joint MD of CarZar, says that with internet connectivity in South African constantly on the rise, more and more consumers are utilising services provided online or through mobile apps. This opens a series of opportunities in different industries which have not innovated much in the last few decades. With the tough economy, the price gap between new and used cars is widening, making second-hand cars a very attractive option as new cars are now out of reach for many people.

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South African venture capital firm Silvertree Capital has invested in local startup CarZar.

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