Letgo says its footprint in the used-vehicle market has seen strong growth since it launched in 2015, stating that its users have listed 25 million cars for sale. That is mostly in the United States.
Now, the company has announced new partnerships that it says will further simplify the process of buying and selling cars.
The company has added 12 auto inventory, marketing, and live chat partners to its letgo PRO platform, which the company says will allow U.S. car dealers to automatically list and manage their inventory on letgo “through tools they already use every day.” The partnerships will also help drive direct sales, letgo said.
Among those are are V12, AutoSweet, TapClassifieds, DealerCenter, Dealer Car Search, Goxee Dealer Software, KGI Dealer Solutions, Motorcar Marketing, Auction123, Wayne Reaves Software and HomeNet. Letgo also announced another partnership, with live chat platform Gubagoo. That partnership, according to letgo, will make 24/7 real-time chat simpler for dealers and shoppers.
“These partnerships help us ensure letgo’s filled with the best and biggest possible selection of used vehicles so the millions of people who use our app can find exactly what they’re looking for and auto dealers can effortlessly connect with a new generation of buyers,” letgo vice president of sales Andrew Knobloch said in a news release.
letgo also provided more of its market statistics, stating that its users have listed up to 1.1 million vehicles monthly. Buyers and sellers send up to 42 million messages to each other each month about cars for sale, and the company reports that about two-thirds of car listings receive interest from at least one buyer in the first 24 hours.