Groupe PSA has launched used car site Carventura.com.

Based in Paris, Carventura functions as a peer-to-peer (p2p) platform for used cars, as well as providing benchmark prices for makes.

In the coming months, PSA will start offering trade-ins and financing through Carventura’s website, as well as insurance, maintenance and reconditioning.

Frédéric Lecroart, chairman of Carventura.com, said: “Carventura.com is a young, agile and rigorous start-up with an unrivalled offering. Carventura.com is the only platform in the world to provide such a wide range of personalised services for buying and selling used cars in total security and at the best price. Customer satisfaction is guaranteed.”

Marc Lechantre, vice-president for used car business at Groupe PSA, said: “Groupe PSA is continuing its offensive in the used-car market with the creation of Carventura.com, which will help meet the needs of new customers. Our strategy is to support all customers in their car-related mobility project, through our brand networks, multi-brand e-commerce platforms and now peer-to-peer marketplaces.”

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By GlobalData