Encar.com, 1Q Non-Face-to-Face Used Car Purchase Service Up 56%

As contactless used car purchasing services become more active, Encar.com's 'Encar Home Service' recorded unprecedented growth in the first quarter of this year.

On the 3rd, Encar.com announced that the number of Encar Home Service applications in the first quarter of this year increased by 56% compared to the previous year, marking an all-time high. In particular, in March, the peak season for the used car market, the number of applications increased by 65% compared to the previous year. The number of cars sold also more than doubled compared to the same period last year.

Launched in 2019, Encar Home Service is a service that allows customers to purchase accident-free vehicles online without face-to-face interaction with dealers. Encar Home Service offers ▲ the industry's first 7-day responsibility refund system ▲ a thorough vehicle inspection system ▲ customized Encar-exclusive customer consultation ▲ used car delivery service, among others.

Additionally, the number of listings registered on Encar Home Service has grown from 2,000 vehicles at the service's inception to about 20,000 currently. This is the result of actively collaborating with industries with high online transaction demands to expand trustworthy listings.

Analyzing the big data of vehicles sold through Encar Home Service in the first quarter, the most sold model was the Hyundai Grandeur IG. The Genesis G80 and Kia The New Ray tied for second place. They were followed by the Mercedes-Benz E-Class W213, Hyundai Avante (CN7), Sonata (DN8), Chevrolet The New Spark, and Hyundai Avante AD.

An Encar.com official stated, "Encar Home Service has established itself as a reliable contactless used car purchasing service through continuous service advancement over the past four years," adding, "We will continue to focus on providing convenient and trustworthy services."

This content was produced with the assistance of AI translation services.