Sberbank wants to launch a marketplace for the sale of cars

24 September 2019

In the savings Bank want to sell new and used vehicles

According to RBC, the savings Bank has appeared the project of creating a service for electronic trade new and used vehicles. This marketplace will be similar to running in 2017 Sberbank service "Doclick" specializing in the real estate, including conducting a due diligence, online mortgages, including filing and electronic registration of the transaction.

While that Sberbank is negotiating with the leading players of the market, offering them to become partners in this business. Accordingly, such a marketplace needs to integrate the efforts of key stakeholders in trade both new and used vehicles. Given that the service "Doclick" is essentially the storefront real estate agents and directory of residential and commercial real estate developers accredited by Sberbank, we can assume that something similar, of course taking into account the specifics of the car will have a new marketplace.

Two sources of RBC in the automotive market, saying: "Sberbank really wanted to join this market as it is huge and also for sale car is much more stable than new, because it does not depend on the exchange rate of foreign currency". According to another, the project is tied to the "daughter" of Sberbank setelem Bank, which specializiruetsya on the loans.

At present, the application of the savings Bank (Sberbank Online) already has an online resource for applying for a car loan. In the future, it will complement the catalogue of cars is possible on the basis of information resources "of the Car.ru".

The official representative of the savings Bank yet comments.

help (from Wikipedia):
Marketplace (ognl. online marketplace, online e-commerce marketplace) – e-Commerce platform, online e-Commerce store that provides information about a product or service by third parties whose operations are processed by the marketplace operator. In General, the marketplace provides an optimized online platform for providing products and services. One and the same product is often sold at different retailers, the price of the product may differ.
As marketplaces bring together products from a wide range of suppliers, the choice of these products is wider, availability is higher than in specialized online retail stores. Starting in 2014, the number of marketplaces in the global Internet is growing rapidly following the growth of their demand.

PS the inclusion in the game at the dealership the automotive market, this heavy-duty players of the financial market as Sberbank, should, in theory, lead to increased competition and falling prices, and the whitewashing of the market especially used cars. And it is quite possible in the early stage of project development automotive marketplace "Sberbank", but it can also lead to the bankruptcy of many small and not small dealers, especially in the regions. But further, if the project is successful and "inclusive", it can happen and a new monopoly, but it is somehow fraught with deterioration of conditions for the end customers. It is hoped that the development of electronic Commerce is a matter of time, and will serve for the common good....