Aug 16, 2018   SOURCE: PR NewsWire

Swap Motors Opens First 'Swap Center' Providing A Safe Meeting Place For Private Car Buyers And Sellers

CHICAGO, Aug. 16, 2018 /PRNewswire/ -- Swap Motors, the first peer-to-peer marketplace of evaluated cars, announced today the opening of its first Swap Center, a new concept in automotive sales that gives consumers a safe location to independently manage all aspects of buying and selling a car themselves. Located at 4850 Main St. in Skokie, IL, the Swap Center is the company's first retail location and evolution of the online platform it launched in 2016. Swap Motors plans to open as many as five locations in Chicagoland in the coming year.

"We started Swap Motors to take the hassle and fear out of selling a used car. Opening Swap Centers is a big part of that mission and what sets Swap Motors apart from other options to buy and sell used cars," said Alex Johnson, CEO and co-founder of Swap Motors. "Consumers often forgo the savings of selling their car themselves because they are overwhelmed by the process and have safety concerns when it comes to transacting with strangers. Through our new Swap Center, we are excited to provide a safe alternative where consumers can confidently manage the entire process and keep more money in their pocket."

The new location is a model for future retail outlets to provide an extension of the services Swap Motors delivers online including:

    --  QUICK DRIVE-IN EVALUATIONS FOR SELLERS: Consumers interested in selling
        their car can visit the Swap Center for a multipoint car evaluation to
        set a fair listing vehicle price.
    --  VEHICLE LISTING SERVICE: Swap Motors creates a professional quality
        digital listing with high-definition vehicle photos and videos that will
        be posted on Swap Motors website and numerous online classified sites to
        attract buyers.
    --  SAFE TEST-DRIVE LOCATIONS: Sellers and buyers can safely meet at the
        Swap Center for test-drives, making parking lot meetups a thing of the
        past.
    --  SIMPLE WAY TO CLOSE THE DEAL: Buyers and sellers can avoid the confusion
        of where, when and how to complete the transaction by simply scheduling
        a time to close the deal at a Swap Center.
    --  END-TO-END ASSISTANCE: Swap Motors' team of specialists guide both
        sellers and buyers through the paperwork, title transfer and payment
        process. Swap Motors also assists buyers with financing, insurance and
        extended warranties.

"While online technology plays a core role in our product, the addition of retail locations where car shoppers can physically kick the tires and complete a sale is key to our model," said Sanjay Patel, co-founder and head of product and technology. "Unlike traditional online classifieds, we are giving buyers and sellers the tools and support they need to complete the sales process. We are putting all the conveniences of a car dealership directly in their hands without the used car salesman."

ABOUT SWAP MOTORS

Swap Motors is the new world in automotive commerce. Swap Motors was created in 2016 when founder Alex Johnson grew frustrated with the process of trying to sell his car to a dealership. He seized the opportunity to transform a broken industry that has delivered a poor consumer experience. Typical vehicle sales are bogged down with multiple middlemen driving dollars away from buyers and sellers. Swap Motors maximizes value for consumers who can now shop and sell safely on the first of its kind peer-to-peer automotive sales platform. More information about Swap Motors can be found at www.swapmotors.com or on Twitter @SwapMotors and Instagram at Swapmotors.usa.

MEDIA CONTACT:
Paramount Public Relations, Inc.
Jessica Prah, jessica@paramountpr.com, 312-953-3257

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SOURCE Swap Motors