Want to sell your car? Just take a picture.
That’s the promise from a new app from Denver-based Blinker, which allows users to buy or sell a car using their smartphone.
Blinker handles everything, from providing estimated values to financing purchases and handling title transfers.
Blinker is registered with the Texas Department of Motor Vehicles for electronic titling and can apply on the new owner’s behalf for a vehicle’s title. The buyer then has to go to the DMV themselves to register the vehicle and get the plates.
The app officially debuts in Austin today but first launched last August. The company says it has processed more 1,800 transactions worth $57 million since the app was unveiled last year.
Blinker uses image-recognition technology to tell a car’s make and model after the seller snaps a picture. Interested buyers can communicate directly with the seller through the app and can arrange appointments for test drives.
It’s free to sell or buy a car through Blinker, which is one of its big selling points. The company primarily makes money through financing auto purchases.
“Our growth and adoption in the past year have proven that people are looking for this solution, and we are excited to bring Blinker to Texas,” said Danny Martinez, Blinker’s president, in a written statement.
Blinker is entering a competitive market. Several companies have emerged in the past few years that allow people to buy and sell used cars online.
New cars are still sold primarily through traditional car dealerships, largely because of state franchise laws that make it difficult to sell new cars online.
Carvana, which launched in Austin earlier this year, allows people to buy and sell cars online. Carvana also has a physical dealership in town -- a five-story car vending machine that has drawn plenty of publicity.
There’s also TrueCar, which allows car buyers to see what other people in the area paid for a new or used car. The company also partners with dealers to allow for no-haggle pricing deals.
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