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It's a _really_ great idea - congrats on the publicity and launch guys. I cannot count how many times friends have called me to ask "So, how do I sell my used
by nlh 12y ago
It's a _really_ great idea - congrats on the publicity and launch guys.
I cannot count how many times friends have called me to ask "So, how do I sell my used car?" I never have a good answer (The trade-in-to-dealer process is the easiest but by far the worst financially) .
On the question (from the video) of 'What if it gets stolen?'
"At worst, you get paid for the car."
Heh. This brings up a number of thoughts -- I mean, in the end, your goal as a seller is to sell the car. If it gets stolen, your insurance company pays you for the car, so...mission accomplished?
If that becomes a regular occurrence, it creates a weird market condition -- thieves win because they get an easily-stolen car. The seller wins because he's sold his car quickly. So the insurance company loses -- and who gets left holding the bag?
(Not saying this is a real risk - I think these guys are going to do wonderfully - but a thought experiment...)
- p0ckets 12y agoInsurance companies would start charging more for letting potential buyers drive your car.
- gambiting 12y agoPresumably, Carlypso will provide their own insurance.
- ry0ohki 12y ago"If it gets stolen, your insurance company pays you for the car, so...mission accomplished?" Except your rates go up, and they may give you less than you could have sold it for.
- ski 12y agoDepending on the types of cars, theft is a valid concern. HiGear was a car service that rented out luxury cars and had to shut down because they were hit by a criminal ring [1]. Agree that its not a showstopper if you're vigilant, so it's good that they're thinking about it from the outset. [1] http://techcrunch.com/2012/01/01/luxury-car-sharing-service-higear-shuts-down-due-to-theft/ http://techcrunch.com/2012/01/01/luxury-car-sharing-service-...