7 Online Car Sales Business Success Stories [2024]

Updated: November 19th, 2023
Start An Online Car Sales Business

The online car sales business involves selling cars online through an e-commerce platform or website. To run this business, you will need a reliable source of car inventory, a website or e-commerce platform to list the cars for sale, and a payment gateway to process transactions.

One of the benefits of running an online car sales business is that it allows you to reach a wider audience, as customers can view and purchase cars from anywhere in the world. It also allows you to operate the business from anywhere, as long as you have an internet connection.

To run a successful online car sales business, you must understand the car market well and have strong marketing and sales skills. You must also build trust with potential customers and provide excellent customer service.

Regarding financial investment, you will need to consider the cost of acquiring the car inventory and setting up a website or e-commerce platform. However, the potential for profit in online car sales is significant, as the market for used cars is constantly growing.

In this list, you'll find real-world online car sales business success stories and very profitable examples of starting a online car sales business that makes money.

1. The Clunker Junker ($5.89M/year)

Eric and Valerie Mitz, founders of The Clunker Junker, initially started off as an affiliate website generating leads for junk car removal companies. However, after facing challenges and setbacks, they decided to provide the service themselves and built a custom software platform connecting junk car buyers and sellers. The Clunker Junker has since grown into a successful business, generating close to $6 million in revenue in 2020.

How much money it makes: $5.89M/year
How much did it cost to start: $20
How many people on the team: 4

SMALLBORDER

How We Built A Platform To Buy Used Cars And Grew It To A $6M/Year Business

The Clunker Junker founders built a modern platform that has enabled the purchase of hundreds of thousands of cars across the US, generating almost $6 million in revenue in 2020 and changing their lives forever.

Read by 9,148 founders

So... can you actually make money with a online car sales business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. craigslist

List of all international craigslist.org online classifieds sites

Where they're located: San Diego, California, USA
Website traffic: 341M/month

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5. Capital One

Capital One can help you find the right credit cards; checking or savings accounts; auto loans; and other banking services for you or your business

Where they're located: Batha, Chad
Website traffic: 117M/month

article

So... can you actually make money with a online car sales business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. carwale

CarWale is India's most authentic source of new car pricing and other cars related information. CarWale exists to simplify car buying in India and helps you buy the right car at the right price.

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