May 30, 2024

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Press release

Peddle Announces Continued Growth in Online Used Car Market Amid Industry Challenges

As the used car market grapples with soaring prices and supply chain disruptions, Peddle emerges as a beacon of resilience and innovation.

Peddle, a leading online used car market player, announces its sustained growth despite the industry’s high prices and supply chain issues. The company, founded in 2004, has adapted to market demands, offering a streamlined car-selling experience that resonates with consumers.

According to a recent report by Edmunds, the used car market is experiencing high demand, even as prices and interest rates soar. Peddle has successfully navigated these challenges, offering instant quotes for used cars and prioritizing customer service.

The company’s innovative approach has decreased the average days to turn for used vehicles, aligning with industry trends. “Our mission is to make the car-selling process modern and seamless,” said Tim, Peddle’s founder and CEO.

Peddle Announces Continued Growth in Online Used Car Market Amid Industry Challenges

However, the journey hasn’t been without its challenges. The used car market is still recovering from supply chain disruptions, a factor that Peddle has had to adapt to. “We’ve had to be agile in our operations to meet the current market demands,” Tim noted.

Peddle’s customer-centric approach has garnered positive reviews. Still, they can adapt and grow in a challenging market that stands out. “We’re not just about buying cars; we’re about offering an exceptional service that meets our customers’ current needs,” concluded Tim.

Along with purchasing many seller vehicles directly, Peddle distinguishes itself from its competitors by creating a network of buyers, like dealerships and auto recyclers, who place bids to purchase seller’s cars through Peddle. Some cars may be challenging to sell, especially those that are severely damaged, and this is where Peddle comes in handy. These vehicles can be bought and sold to auto recyclers for parts. As they operate online, sellers don’t need to bring their cars in before selling them, and they can enjoy free towing as well as on-the-spot payment.

As the industry continues to evolve, Peddle remains committed to setting new standards in the online used car market, offering a reliable and efficient selling platform for vehicle owners.

About Peddle:

Established in 2004, Peddle has transformed the landscape of online car sales, offering a streamlined and secure platform for vehicle owners nationwide. Born from the innovative vision of its founder, Tim Yarosh, during his days in a salvage yard, the company has since evolved into a trusted name in the industry.

With a commitment to simplicity, speed, and stellar customer service, Peddle has successfully bridged the gap between traditional car selling and the digital age, making it the go-to destination for those seeking a hassle-free selling experience.

Media Contact

Organization: Peddle

Contact Person: Mario Mendez, Digital Marketing Manager

Website: https://www.peddle.com

Email: hello@peddle.com

Contact Number: 877-586-5692

City: Austin

State: Texas

Country: United States

Release Id: 2709236638

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