Vehcon Inc., a vehicle telematics and mobile data company, has acquired the assets of Car Demander, a company that connects consumers to the cars they want to buy via an online and mobile platform, CarDemander.com.
The technology from Car Demander will improve Vehcon’s suite of mileage-verification and automotive lifecycle applications serving the usage-based insurance (UBI), vehicle sales, automotive data, extended warranty, and car care industries.
Car Demander’s technology allows a consumer to input a “demand” for a vehicle that meets his individual criteria, and returns “best offers” on matching vehicles from participating dealers. Car buyers then can decide which dealers they want to respond to, keeping personal information private from all but those dealers. This eliminates spam and other unwanted contact.
Vehcon’s goal is to help the UBI and automotive-related industries provide services to drivers throughout the entire vehicle-ownership lifecycle, while protecting consumer privacy, said the company.
