Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Top Stories

OXFORDSHIRE DEALER SELLS CLASSIC PORSCHE TO SINGAPORE BUYER WITH A SINGLE VIDEO

OXFORDSHIRE DEALER SELLS CLASSIC PORSCHE TO SINGAPORE BUYER WITH A SINGLE VIDEO
  • Overseas customer snaps up six-figure Porsche 911 RS after viewing a video tour
  • Luxury 1992 Porsche 911 RS is one of the most sought-after classics
  • Prestige car retailer Maundrell used video service to bridge 10,000km distance
  • Dealer says two customers per month buy cars from overseas based on video alone

A car buyer from Singapore has snapped up one of the most sought-after classic cars from a dealership in Oxfordshire after the seller used video technology to save him travelling the 10,000km distance.

The Singapore-based buyer purchased the 1992 Porsche 911 RS from prestige car retailer Maundrell after Steve Rogers, co-founder of the business, followed up his initial enquiry with a personalised video presentation.

On receiving the video, the buyer decided to bite the bullet and became the proud owner of the 911 in spite of never seeing it ‘in-the-metal’, owing to the level of detail captured in the short clip.

Maundrell

Maundrell

Using CitNOW video technology, Maundrell has embraced the era of digital car buying, bridging the distance between rare cars and potential customers.

However, the landmark purchase is no flash in the pan; since introducing video in 2016, the dealership has secured a steady stream of buyers who purchase on the basis of video alone. CitNOW’s own research suggests that 12%* of buyers would consider doing the same.

CitNOW launched its personalised video technology to make buying and maintaining a car more transparent and convenient for motorists, car dealers and workshops alike. Last year, over 7.5 million videos were sent to motorists worldwide.

Maundrell adopted CitNOW video to give its remote customer base a more visual experience during the enquiry process, and has used video to build meaningful conversations which are both personal and convenient.

Maundrell interior

Maundrell interior

Steve Rogers, Co-Founder of Maundrell said: “Technology is constantly evolving to empower buyers from all walks of life, and what we’ve seen from this latest prestige customer is how important this is becoming to the car buying process.

“Despite living on another continent and a 12-hour flight away, a customer has still managed to make an informed buying decision through the application of next-gen video to the purchasing journey. This can only be good news for discerning car buyers who are pushed for time.”

Alistair Horsburgh, CEO at CitNOW commented: “Car buyers customers have more information at their fingertips than ever before, and the use of video to enable face-to-face conversations and in-depth viewings of any car is a vital.

“Car buyers looking for something rare and special are unlikely to find that it’s on their doorstep, but risk losing it if they don’t move quickly. The internet made it possible to locate almost any car, but video takes things to the next level and makes buying a car remotely a feasible option.”

For more information on CitNOW, please visitwww.citnow.co.uk

Maundrell exterior

Maundrell exterior

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post