Plain and simple: being underwater on an asset you own sucks. Unfortunately, becoming underwater—owing more than a car is worth—on a car is a reality. Cars are driven. Things happen. Values depreciate.
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To help our customers protect against ever becoming underwater on their car, we’re working with Ally to now offer gap insurance on all cars sold through Shift. Continue reading “Mind the Gap: Gap Insurance Now Offered on Shift”
When you’re buying a car, you want to know exactly how much you’re paying and whether you’re getting a deal. Both of those things are a lot easier with two new updates to Shift’s vehicle pages: a market comparison tool from CarGurus and an improved price calculator. Continue reading “At Shift, Used Car Prices that Bare it All”
“Boy, that was an easy auto financing experience” isn’t something you often hear. At its best, auto financing today is a cumbersome process. At its worst, it’s a predatory nightmare. The financing difficulties we’ve experienced firsthand were a major “aha” moment that’s informed Shift from day one.
Ever since, improving the process has been high on our priority list. Working with our team and partners, we’ve made a lot of progress on this front and today we’re happy to highlight the major improvements we’ve made to make auto financing smoother and simpler than it’s ever been. Continue reading “Used Car Financing Just Got Much Simpler (Finally)”
Nobody wants to buy a lemon. That’s why from day one, we knew that a big part of adding value to the peer-to-peer car market was providing greater transparency into a car’s condition. From that goal, we’ve developed an entire 200-point inspection to identify and repair wear & tear to make sure every car we list is as safe and reliable as possible.
Continue reading “Inspection Reports Now Available on Every Vehicle Description Page”
By George Arison, Shift CEO
In 2011, I tried to buyout a lease on my lovely Saab. What should have been an easy task turned into a runaround between my dealer and my bank. The painful process helped me realize what now seems obvious: almost every step of buying or selling a car asks the customer to work around the process. Shouldn’t it be the other way around?
Continue reading “Introducing the Shift iPhone app”