BalCar

growth-negative

The article discusses the challenges in the used car market in Israel. Despite the entry of new players, such as Zapp, there is still a significant information gap in the market. The article highlights the difficulties faced by consumers in making informed purchasing decisions due to the lack of reliable information. The high prices, lack of promotions and discounts, and long waiting times do not deter Israelis from buying new cars. The article suggests that buying a new car is one of the worst economic decisions one can make, but Israelis are still queuing up to purchase new cars. The article raises concerns about the state of the used car market and the lack of transparency in the industry.

growth-positive

A new startup in Israel, בלק"ר, is offering a service similar to Carfax in the United States. For a fee, the company will provide a report on the history of a used car and its previous owners. The company uses business intelligence, big data, and artificial intelligence to compile these reports. This service aims to provide transparency and assurance to potential buyers of used cars.