Motorway is a UK online marketplace that connects private sellers of used cars with a network of professional dealers. Sellers receive an instant valuation and can create a profile with photos before listing the car in a daily sale where thousands of verified dealers bid. The highest bid is shown to the seller, who can accept and have the winning dealer collect the car and pay by bank transfer. The service is free for private sellers; Motorway earns revenue by charging a commission to buying dealers, aiming to maximize sale value through dealer competition and a transparent bidding process.
Company Size
201-500
Company Stage
Growth Equity (Venture Capital)
Total Funding
$337.6M
Headquarters
London, United Kingdom
Founded
2017
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