Date post: | 13-Aug-2015 |
Category: |
Automotive |
Upload: | hoopdiecarscom |
View: | 32 times |
Download: | 0 times |
Your Nationwide Source for cars under 10K
What’s a Hoopdie ????
Hooptie, Hoopdie, Hoopty:
Any car that meets the following:
a) driver must enter car through passenger side
b) can't open the glove box as the whole thing will fall out
c) if you let go of steering wheel while driving you'll make a u-turn
d) has all the above issues but still has a $200 professional tint job
Our foundersMichael Ray, MBA: 20+ years experience in B2B industry.
Ben Boyd: 20+ logistical management experience in the US Army.
Andrea Searcy: 15+ years entrepreneurial experience as an B2B accountant.
What we believe:
No company debt.
We believe in what we do.
Our company is bootstrapped.
Quality postings over quantity postings.2007 Explorer Sport Trac. 190K miles. Good Condition. Valued at 7K.
…and driven by our CEO
Our customers
Cars available for sell nationwide > $1,000 = 1,029
1-2K = 7,686
2-3K = 20,305
3-4K = 32,750
4-5K = 40,701
5-6K = 46,574
6-7K = 52,405
7-8K = 57,595
8-9K = 61,690
9-10K = 69,147
$16,335This is less than 20% of the KNOWNmarket. On the same day there were13,583 listings on Craigslist, and thatwas just Austin
Sourced: 1/18/16
Our competitors
• The big posting sites focus on franchise dealers.
• Many used cars sites are scrapped.• Free sites can attract bad people.• Data quality is low.
Future trendsUnprecedented national debt ($56,518 per individual).
Federal Financial Woes (e.g. social security).
State and Local infrastructure issues (e.g. road maintenance).
Personal debt continues to rise, as does inflation.
Student Loans – enough said.
The middle class will continue to shrink.
The shrinking middle class
Accurate ● Simple ● Effective
Educating independent dealers
Posting accuracy Postings delete in 30 days No Pressure buying No scrapping Car type listed by distance
and max to 50 miles No hidden fees (no sponsor
fees to stand out)
Educating consumers
Car Type Example
Annual Cost of Ownership for Maintenance
What you need to make per hour
If you financed the average car
Civic $ 6,957 $ 3.34 $ 5.26
Camry $ 8,839 $ 4.25 $ 6.17
Taurus $ 10,831 $ 5.21 $ 7.13
Explorer $ 11,039 $ 5.30 $ 7.22
Caravan $ 9,753 $ 4.68 $ 6.60
Connecting to the market Tires Insurance Radios Rims Tint Parts Security Mechanics Duct Tape
We will create the largest database of cheap cars in the United States
Pricing structurePrivate Sellers - $4.99 per post
Independent Dealers:
Self Service $49
1-5 Cars $99
6-10 Cars $149
11-15 Cars $199
16+ Cars $249
*Setup fee equals month rate
*Automatic Monthly Billing
What we need Developer: Prefer Co-founder (site built on PHP and mysql).
Help us get the word out!
Mentors – Incubators? Angel Investing? Mobile or App?
[email protected]@HoopdieCarsFb.com/HoopdieCarsInstagram & YouTube: HoopdieCars Yeah, but it’s paid for!