Serial entrepreneur, industry veteran, and CEO of CarOffer, Bruce Thompson joins the Phil Vogel Podcast and shares how CarOffer has changed used vehicle operations, sales, logistics and more. They discuss CarOffer’s “perfect storm” and the rise to over 5,000 rooftops in less than 2 years.
Phil and Bruce discuss the in's and outs of CarOffer, the power behind it and why it is super beneficial to dealerships (especially during this market). Bruce explains the Buying Matrix, how it is different from other platforms in the industry, and the recent partnership with CarGurus. Bruce has been in the industry for many years and this is not his first rodeo. You get to hear Bruce explain his experience with his previous launches, his advice to new Founders + CEO's, and how to approach building a new company with the right mindset and team.
CarOffer has grown tremendously in the last couple of months - hitting 5 thousand rooftops enrolled in the last 20 months! CarOffer continues to hit new milestones monthly and the team is growing at a rapid rate. CarOffer's automated online platform disrupted the industry during the Covid-19 pandemic. Dealers are looking for alternative, more efficient ways to source & liquidate their inventory. Bruce discusses how he thinks brick & mortar will never go away but things are definitely changing in this market and it is here to stay!
Want to learn more? These two discuss it all! Listen to the full episode here.