Adam Torres and Nicholas Hinrichsen discuss refinancing cars.
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Show Notes:
Refinancing a car can be a great strategy for many to save money. But many people don’t know how to refinance their vehicles properly. In this episode, Adam Torres and Nicholas Hinrichsen, CEO and Founder at Clutch, explore the vehicle refinancing landscape. To learn more visit: https://www.withclutch.com/
About Nicholas Hinrichsen
“The Technology is out there; let’s use it!”
He’s a big fan of technology ventures and ways to leverage information that is already out there to build trust on peer-to-per transactions. At Carlypso, he’ll take the hassle out of peer-to-peer used car sales and build trust in the market place.
You think that’s not possible? Well, five years ago, would you have thought that people would let random people use their private apartments?
The learnings from Steve Blank’s “Lean Launchpad” class and Andy Rachleff’s “Aligning Startups with Their Markets” class at Stanford have been invaluable in the customer discovery and development process so far and the feedback on the first 150 peer-to-peer transactions has been overwhelmingly positive. Here some examples:
“Stanford friends: still trying to figure out how to part ways with your car before you leave town? Let Chris and Nicholas do all the work for you. I barely lifted a finger: they detail the car, take photos, list it online, meet with prospective buyers, handle all negotiations. I got a WAY better price for my car that I would have gotten for a trade-in.” — Matt S., Student at Stanford
“Amazing job on selling my car! They got me a price at least 10% higher than I thought my car was worth, took care of everything including listing and showing the car, and even checked out an issue for me during the initial stages. Highly recommend their service, if only for the convenience.” — Daniel S., Student at Stanford. You’ll ask yourself: get an MBA at Stanford to become a used-car dealer? Well not quite but anyway …. there are so many people out there who will tell you that you can’t. What he do is turn around and say “watch me”!
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