SOURCE: Carlypso


October 23, 2014 12:05 ET

Car Selling Service Carlypso Launches in Los Angeles

Carlypso Brings Hassle-Free Service for Selling Cars to LA and Orange County, Offering Consumers an Average of 40% More Than They'd Get at Trade-In

LOS ANGELES, CA--(Marketwired - Oct 23, 2014) - Carlypso, the first technology company to sell used cars hassle-free, announced today it has officially launched in Los Angeles and Orange County.

Carlypso has expanded from its Bay Area headquarters to start servicing customers in the LA and Orange County area, offering consumers the opportunity to sell their cars easily and conveniently through Carlypso, and earn an average of between $1500-$2500 more for their car than they would at trade-in.

Carlypso has transformed the entire used car sales process with a transparent, no-hassle way to sell. The company was founded by two Stanford grads, Chris Coleman and Nicholas Hinrichsen, who personally experienced the headache of selling their cars at the end of the school year. They found that the hardest part of the problem was dealing with multiple potential buyers who all wanted to do test drives, half of them showing up late and the other half flaking entirely. Their vision was to make selling used cars just as easy as picking up a Zipcar, unattended.

How it Works

The company developed a secure technology for allowing buyers to test drive a car on their own. With Carlypso, sellers just enter their car details on Carlypso's website, and Carlypso generates a fair market price from analyzing 1.2 million vehicle transactions each month.

Carlypso then sends a detailer to inspect the seller's car and install the Carlypso device, which enables the company to track the vehicle during test drives. Carlypso schedules the test drives for the seller, talks to the prospective buyers, and if a buyer offers the right price, Carlypso advises the buyer how to transfer the title and what paperwork to take care of at the DMV.

"We've had enormous success in the Bay Area and have sold hundreds of cars for consumers who want the convenience of a trade-in with the financial payback of a private sale," said Chris Coleman, co-founder of Carlypso. "We're expanding our service territory into LA and Orange County, as it's both a tech and car savvy city, and we now have detailers in the area working with us to help get the sellers' cars ready for the best price possible on their vehicles."

Carlypso also offers an Instant Cash service complementary to Carlypso's concierge service for sellers pressed on time to sell their vehicle. Carlypso Qualified is a licensed wholesale dealer, which allows private sellers to dispense of their vehicles through auctions, a channel the general public has never had access to. Now multiple bidders ready to buy vehicles from across the globe will compete for purchasing a seller's car. Whatever the sellers' timeline looks like, Carlypso will always be able to get much more than the seller would receive on a dealer trade-in.

"I just sold my Toyota Prius through Carlypso," said Andrew Reich a Southern California area resident. "I didn't want the hassle of selling it online myself, mainly because I'm quite busy and didn't want to deal with strangers in my free-time; but I also knew I could get much more for it than what a dealer would offer. Carlypso made the entire process pain free, and did all of the logistics for me so I could just relax and let them sell my car for me. The best part is I got a great price for the car, something I would have never gotten from a car dealer."

About Carlypso
Carlypso is the first technology company to sell used cars hassle-free. Carlypso generates a fair market price for vehicles based on millions of vehicle transactions each month, and coordinates all of the logistics for the seller, including finding the buyers, to get sellers the best price possible on their vehicle. The company has developed a secure proprietary device installed on cars to track vehicles, allowing buyers to do test drives on their own. Carlypso, based in San Carlos, CA, has sold hundreds of cars to date for consumers throughout California and is expanding nationwide. For more information visit

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