With TrustedCars Flex you can choose any vehicle you want from the available inventory of participating car dealers within the TrustedCars Flex network, digitally sign for it in the app and you are ready to go. Drive the vehicle you like as long as you want and return it or swap for another vehicle anytime. With our unique combination of technology expertise and deep industry relationships we have designed a solution that offers consumers a convenient way to own a vehicle without ownership responsibilities. In parallel we offer dealerships an additional source of income and access to a new generation of consumers. TrustedCars Flex as a high-tech company helps dealerships move up the technology change curve, with an easy accessible all-in-one solution. It takes a car dealer in excess of 100 days on average to sell a vehicle, with the related holding costs ($15 per day per vehicle). We provide a technological solution for dealers to resolve both sides of the income statement issue: increase in revenue and reduction in holding costs. Instead of vehicles taking space, they are on the road making money to offset inventory-financing and other expenses. We are a Germany based company which has won several awards and was classified as an innovative company by the German Federal Office of Economics. We launched more than two years ago and have an established business and a successful product which is used by thousands.
Investment and Strategy Advisor
Rated on 2018-05-08
Strong team and savvy advisors. Promising original idea if well implemented
Rated on 2018-05-08
Very interesting project with an unique concept. Team has experience and is surrounded by quality advisors with lots of experience in their trades. ICObench kyc done. 65% of tokens will be sold in the crowdsale which is a very good allocation for future investors. Already an existing company with good partnerships.
Rated on 2018-05-18
in my opinion, this is a very cool concept, however there are other companies that have a similar product. One of the hardest aspects of this business is scalability, apparently they are having success with expanding. "In excess of 100 of the largest and most renowned dealerships in Germany already trust and work with us. With more than 30,000 listed vehicles in 2017 and currently more than 8,000 vehicles available for purchase, we are one of the largest Online Shops for used vehicles in Europe." Intersting to see how this company expands, I think adoption may prove to be a challenge. *Please see my profile for disclosures
Rated on 2018-06-24
awesome idea, which will help us save the planet if implemented. I'm also sure the team means well and is able to deliver because trustedcars.com already exists. The only red flag for me is the existing platform trustedcars is still based on car ownership, is essentially a website where you sell used cars, I don't see the connection between the token, so they are starting from scratch. Maybe one of the founders can explain.
Rated on 2018-07-07
Nowadays it isn't enough to make a beautiful website and promise something in the future. Now, to become a successful project and receive necessary investments it is important to: - Innovation level - incremental - ➖ - Show the MVP (product, prototype) - Not clear ✅ - Strong Competitor analysis ✅ - Core Team ✅and not multi-position team - marketing ICO budget ✅ - Events calendar ❌ - have agreements with exchanges ❌ - Business revenu Forecasting ❌ - show ROI to investors ❌ - have max. transparency ✅ - have legally protected product ⚠️ - work actively with the community ⚠️ - have a powerful team and advisors ➖ - meet investors F2F ⚠️ - have a descriptive WP (with clear financial model). ⚠️
Rated on 2018-07-15
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TrustedCars founded – with the vision of bringing online-shopping as a major part of modern society on to the automotive industry.
- Launch of TrustedCars.com - Establishment of various partnerships: with TUV for the inspection of used cars, with the largest bank for car-financing, with renowned car dealerships and with insurance & warranty companies. - Seed financing
- Series A Financing. - Relaunch of TrustedCars.com - with very high level of automation for the quick upload of cars through the implementation of a dealership-interface and the DAT database.
- TrustedCars is one of the largest Online-Shops for cars in Europe. - More than 30,000 cars listed on TrustedCars in 2017, with more than 100 car dealerships participating. - Participation at IAA as an Exhibitor – the largest Fair for mobility and the automotive industry in the world.
TrustedCars FLEX Token Sale.
- Development and integration of blockchain and smart contract technology. - Token listed on Exchanges. - Beta Launch with our existing car dealership-network in Germany.
- Official product launch in Germany. Release of iOS and Android App enabling customers to get a car with a few klicks on their phone. - Launch of payment system enabling users to receive and make payments in TrustedCars FLEX Tokens. - Translation of website into various languages.
- Concrete plans set and ready to expand to UK, France, Italy and Spain. Including Multi-Language support.
- Expansion to the rest of Europe. - Extension of FLEX Tokens for payment of various automotive services, like car wash, parking and other vehicle related services.
- Expansion to USA and key cities worldwide. - Onboard advertisers and retailers to promote products using FLEX Tokens (Further value increase of FLEX).