E-commerce startup Carnex working to revolutionize the way Canadians buy cars

by Jul 16, 2021News0 comments

Originally Posted On: E-commerce startup Carnex working to revolutionize the way Canadians buy cars | Ottawalife

Carnex working to revolutionize the way Canadians buy cars

A home is the biggest purchase you’ll ever make. It makes good sense that the real estate industry is built upon the relationship between the agents, who are trained and certified, and the home buyer who relies on expert advice and market valuations. A vehicle is the second-biggest purchase you’ll make, and often the best deal is a pre-owned, which puts you at the mercy of dealerships that want to move used off the lot ASAP.

Wouldn’t it be great if across-the-market used car purchases were handled with the same level of personal attention as real estate? Carnex agrees!

Carnex was established in 2020 as an e-commerce company specializing in business-to-consumer transactions of used cars. The company aims to make purchasing cars easier and more convenient for savvy, online shoppers. Buyers can browse the company website and check the detailed vehicle history, review inspection and safety reports, and, if you’ve found the car of your needs, even complete the entire process of purchase and ownership transfer online.

Buyers only need click a mouse to place an order, sit back and wait to complete the purchase. The entire process can be completed within an hour.

“The Canadian auto sales field is really traditional. Under legal supervision, retailers try to make as much profit as possible. However, the consumer experience will not be good,” says Bruce Wu, founder and CEO of Carnex. Wu feels that by improving that experience for buyers accustomed to online shopping, and by making pre-owned car buying as fun and easy as an Amazon purchase, Carnex can deliver a whole new customer experience that is positive and worry free. “The Canadian auto market is very mature, but there is still a lot of space for improvement in the process of dealing with consumers. We have identified pain points in the industry where we hope to make some innovative improvements.”

E-commerce startup Carnex working to revolutionize the way Canadians buy cars

Carnex acquires the best vehicles from individual sellers, from fleet sales, and from auctions. Individual sellers can avoid the hassle of multiple, prospective tire kickers by booking a 30-minute inspection to receive a Carnex offer or bid with Carnex’s network of dealers. Only zero-accident cars make the grade, and every detail, every paint chip, is made visible online to avoid surprises. A 170-point inspection and professional servicing are completed before a 9-day, no-questions-asked return policy, plus a 100-day in-house mechanical warranty make the purchase risk-free. Carnex provides financing, plus vehicle refurbishment services. They’ll spend an average of 8 hours or more per car on deep high-temperature plots, polishing and crystal plating to ensure that every car looks as good as new. After-sales service, in addition to 24-hour multilingual customer service, gets you happily behind the wheel.

Wu built his corporate vision from the wheels up, starting 7 years ago with an auto detailing business. He eventually added an ever-growing catalog of services to create a one-stop shop for people who love their cars as much as he does. A custom-designed online platform was commissioned to up the game to Carnex. “We’ve started by serving the Asian community in Mississauga and throughout the GTA. People who are settling in Canada and need to get established easily and on the road quickly,” says Wu. The SUV seems to be the vehicle of choice for new residents with families and plenty of urban territory to cover. Carnex does not focus on any one vehicle type, make, or country or original, although the sales team will recommend different styles of models according to the specific needs of consumer needs.

Carnex is located at 1170 Burnhamthorpe Road in Mississauga, with expansion plans underway for Ottawa, across Ontario, and nationwide. They’re even imagining building a China-Canada trade bridge to eventually bring Chinese-made electric cars to Canada.

Learn more about the benefits of buying from Carnex. We believe that all clients deserve to know the good and bad of what they’re buying. Because we wanted to know these when we bought cars. That’s why at Carnex.ca, we will proudly display every detail every step of the way. Browse all the best cars, automobile buying tips, auto insurance, young drivers, driving techniques, auto industry trends from Carnex Blog.

How to Sell Your Used Electric Vehicle for the Most Money in Canada

Here's how to Sell Your Used Electric Vehicle for the Most Money in Canada You may be considering purchasing a new vehicle or simply have an extra...

How to Sell A Used EV Online For A Premium

How to Sell A Used EV Online For A Premium You may be thinking about buying a new car or simply have an extra vehicle in your garage that you wish...

Conventional Vehicles vs. Electric Vehicles: Which Is Cheaper to Drive?

The automotive industry is rapidly evolving with new technology and advancements in electric vehicles (EVs). More and more people are considering...

Should You Buy A Used Electric Vehicle or A Used Traditional Car? Here Are All You Need To Know

Used electric vehicles are now very popular in Canada and around the world as this new and emerging technology counters the effects of rising gas...

8 Simple Things You Need to Do to Get Your Car Ready for Winter

Harsh winters are a part of living in Canada. With winter on its way for the next six months or so, it’s time to get your vehicle ready for the cold...

Should You Buy a New or Used Tesla?

Tesla generally does extremely well in retaining value compared to other EVs in the electric vehicle market. As the company constantly improves the...

International Students Buying a Car in Ontario

If you are an international student in Ontario and just looking to buy a car, here’s the right guide for you. It will be very continence for you to...

Precautions for car battery replacement

Does your car is hard to start on a cold morning and sound like it is on its last legs? Is the check engine light flash or stays on constantly?...

Future EVs: 11 New EVs and Hybrids Coming in 2024

Future EVs: 11 New EVs and Hybrids Coming in 2024 It's no secret that electric vehicles and hybrids are changing the automotive industry as we know...

Who is Carnex?

Carnex is an online EV dealer built for Canadians to buy and sell electric vehicles. Our mission is to provide Canadians with an alternative and transparent way to buy and sell used electric vehicles and to accelerate the transition to a sustainable green future.

Carnex.ca is Canada’s first e-commerce platform for used Electric Vehicles. Carnex is the leading Online Car Dealership in Ontario, with the company’s headquarters located in Toronto, Ontario.
Carnex is the fastest and cheapest way to buy a car online. We deliver to your door and collect your old car without extra charges. Buy Now-Pay Later Financing is available.

Why buy from Carnex?

Carnex is trusted by over 18 million buyers to find amazing discounts on used EVs and new EVs in their neighbourhood. Carnex specializes in electric vehicles, and we make the effort to make sure your EV purchase from us will be worry-free. Our skilled EV technicians perform a comprehensive diagnostic on all of our electric vehicles at Carnex because your satisfaction is very important to us. Carnex.ca will help you find the best EV bargains among the listings across Canada, and we’ll provide you with the vehicle history and comprehensive reviews for each EV.

Why Choose Us

We choose to only sale quality and zero-accident used vehicles. We are so confident in our cars that we will shamelessly show you all the perfections and imperfections of the vehicle – from the Chasis pictures to chipped paint spots.

We also offer a 9-day no question asked return policy and an 100-day in house mechanical warranty to make your purchase risk-free.

Get In Touch

8 + 4 =