Horsham Tech Startup Puts 30 Years’ Experience Selling Used Cars in the Palm of Your Hand
Motobyo, a Horsham-based tech platform, puts 30 years’ of used-car transaction experience at the convenient disposal of its users, both buyers and sellers. Paige Gross looked under the hood of its capabilities for technical.ly.
Company cofounder George Lekas is a dealership veteran who has seen countless used-car sellers drive for-sale vehicles to him to unload, after months of personal attempts to market them.
Two impediments seemed to consistently scotch the transactions: buyer distrust of a private seller and the specter of incomplete car history.
He then folded his industry knowledge about these hesitancies into a tech platform designed to address them. The tech enables sellers to get a quote on a car, list it, and access ancillary services like insurance, escrow accounts, and transportation quotes.
In collaboration with Ron Averett, an e-commerce startup pro, Lekas launched Motobyo in 2019. The timing may have been fortuitous, as national supply-chain slowdowns stalled new car sales and jump-started the used-car market.
“You are guaranteed a sale of your car,” said Lekas. “We are creating a marketplace where two people — the buyer and seller — can be successful.”
Readers interested in kicking the tires of Motobyo can find more about it at technical.ly.
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