Category: Announcements

Shift Raises $140 Million Series D. Partners with Lithia.

We’re Partnering with Lithia, and have $140 million more in the bank!

At Shift, we recognize that mobility comes in many forms. Whether you’re biking across town, navigating the subway, or driving a car, everyone should have access to safe, reliable, and affordable transportation. Having a car affords you the freedom and flexibility to always get where you need to be, whether it’s a last minute trip to Yosemite or a quick run to the market.

Access to car ownership isn’t merely a convenience; it changes people’s lives. And good things happen when people have mobile freedom.

For the last four and a half years, we’ve been on a mission to make car purchase and ownership simple by building a technology platform that brings fun and fairness to the car marketplace. And today, we make a big step in our journey forward.

We’re excited to announce our Series D of over $140 million led by Lithia (NYSE), one of the nation’s leading auto retailers. We’re also launching a national partnership with Lithia, which will help us scale the product our customers love to more locations quickly.

Continue reading “Shift Raises $140 Million Series D. Partners with Lithia.”

We Expanded our Coverage Area

We know that selling a car is a big decision, which is why we emphasize a great seller experience. At Shift, there are no shady deals and no negotiation hassle. We take care of the legwork and get you a better price, which frees you up to live your best life. We’re excited to announce that we are bringing our delightful seller experience to even more areas in Northern and Southern California.

Continue reading “We Expanded our Coverage Area”

2017 Holiday Car Deals of the Year

Happy Holidays

Our pricing team has helped many people find their new rides with our Shift Deals of the Week highlights. Now we’re wrapping up 2017 with a bang and bringing you Deals of the Year. These are fantastic cars at amazing below-market prices. Grab them while you can, first come first serve.

As always, you can schedule a test drive straight to your home or office. Perhaps you will find the perfect car you or your loved ones want for the holidays. Best – Gift – Ever.

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San Francisco Holiday Car Deals

2014 Audi A6 3.0T Prestige

Audi A6 3.0T Prestige - Matt Heinz - Gray Audi - San Francisco San JoseCAR SOLD: See similar cars
Dealership: $38,834
Shift: $28,650
You Save: $10,184CarGurus great deal

This beautiful Audi A6 comes loaded with the Prestige Package, Sports Package, and Cold Weather Package. Everything from power folding mirrors, climate controlled seats, rear sensors, and so on. But more importantly, check out that color. When you want to be cool by being a little different: 2014 Audi A6 3.0T Prestige

2015 Audi Q7 3.0T S Line Prestige

Audi Q7 3.0T S line Prestige Black

Dealership: $43,979
Shift: $38,950
You Save: $5,029CarGurus great deal

Whether you are looking to run over things or protect a bunch of little ones, this Audi Q7 will enable you to do in style. Comes with a towing package as well as a cold weather package that includes independent seats for the front and back seats AND the steering wheel. Someone must have really hated the cold as they came up with these ideas. Cold? Want to be safe? See it: 2015 Audi Q7 3.0T S Line Prestige

2013 Volkswagen GTI

2013 Volkswagen GTI Base - Isabel Siragusa - Grey VW GTIDealership: $17,136
Shift: $12,950
You Save: $4,186CarGurus great deal

This sporty, turbocharged Volkswagen GTI has a beautiful plaid interior you have to see to believe. If you always wanted your car to match your flannel shirts, check it out: 2013 Volkswagen GTI

Continue reading “2017 Holiday Car Deals of the Year”

Announcing Our Latest Fundraise

It was just a little over three years ago that we sold our first Shift car in San Francisco. Since that time, we’ve become the number one used car seller in the Bay Area, grown our team by 100x, and expanded to several new markets. It’s been a wild ride.

And thanks to some recent financing by leading investors, we’re in it for the long haul. Last month, BMW iVentures, DCM, G2 Ventures, Goldman Sachs, and Highland Capital invested more than $38 million in Shift’s Series C. To date, we have raised more than $110 million. Continue reading “Announcing Our Latest Fundraise”

8 Reasons Shift is the Simplest, Fairest Way to Buy a Used Car

From the beginning, we’ve believed that car buying should be simple and fair. In April, we wrote about our recent updates to Shift and how we’ve taken steps towards that goal.

Progress has continued in the months since, and while we aren’t anywhere close to done, I just wanted to take a step back and make 8 arguments for why we think that’s true: Continue reading “8 Reasons Shift is the Simplest, Fairest Way to Buy a Used Car”

Congratulations Minnie!

It was just three years ago this month that our team sold our first car using a new platform we were creating, and boom: Shift was born. But things were a lot different back in 2014. We were working out of my apartment living room and parking cars on the street (or in the Costco parking lot), and doing the sales ourselves, all because we had this crazy idea about transforming the used car industry. Needless to say, it was a wild first couple of months.

Since that time, we have become the largest used-car seller in the Bay Area, built an incredible team, expanded to new markets, brought on board great investors, and have thousands of happy customers. It’s an awesome time for Shift and we are all incredibly bullish about where we are headed. Continue reading “Congratulations Minnie!”

Navigate Car Loan Calculation More Easily with Shift

One of the most common discussions we have with customers deals with matching the right car to a given budget. It can be tough! We’ve seen cars that cost less than $10k, one car that cost $138k, and thousands of cars in between.

To help you better calibrate your car budget and get a better sense for the Shift inventory that matches it, we’ve created a quick and easy car loan calculator. Continue reading “Navigate Car Loan Calculation More Easily with Shift”

Shipping Shift: a Spring Product Roundup

Now that spring is upon us, the new season marks a moment for us to reflect on the past several months of product development at Shift. We’ve been hard at work filling in gaps to build Shift into a streamlined car buying experience for you: Continue reading “Shipping Shift: a Spring Product Roundup”