Search company, investor...

Stage

Unattributed VC - II | Dead

Total Raised

$5.42M

Last Raised

$1M

About Mojo Motors

Mojo Motors, formerly GetAutoBids, is a used car deals platform that helps car shoppers find discounts on used cars and trucks at local dealerships. After signing up for a free account, Members also receive personalized alerts when dealers drop prices.

Headquarters Location

150 W 30th Street Suite 1200

New York, New York, 10001,

United States

917-398-4060

Loading...

Loading...

Expert Collections containing Mojo Motors

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mojo Motors is included in 1 Expert Collection, including Auto Commerce.

A

Auto Commerce

679 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

Mojo Motors Patents

Mojo Motors has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/18/2013

Automotive websites, Electronic toll collection, Compact cars, Social media, Army museums

Application

Application Date

10/18/2013

Grant Date

Title

Related Topics

Automotive websites, Electronic toll collection, Compact cars, Social media, Army museums

Status

Application

Latest Mojo Motors News

Toyota Leads Top 10 Longest Lasting Brands, Says Mojo Motors

May 31, 2014

Follow CommentsFollowing CommentsUnfollow Comments Who wants a car that’s “worthless?” Maybe you should. The key is, how many miles can you get out of it before a car or truck reaches that point? By that measure, Toyota makes the longest-lasting cars and trucks, at an average of more than 200,000 miles, according to New York-based Mojo Motors, the company behind the used-car classified ad site mojomotors.com . In a recent analysis, Honda was the only other big-volume brand that topped 200,000 miles before its cars reach the theoretical “worthless” point, the company said. Domestic brands Ford , Dodge and Chevrolet rounded out the Top 5, mostly on the strength of their trucks, the company said. “We’re interested in the market that’s beyond just 1- or 2-years-old. There’s a huge market for 3- to 15-year-old cars. That’s where the volume is, in used cars,” said Paul Nadjarian, founder and CEO of Mojo Motors. There’s no escaping the fact that a car is a depreciating asset. An old rule of thumb is that most cars depreciate 40 percent as soon as they drive off the lot, or an average of about 55 percent after three years. As the saying goes, the way to get the most value out of a car purchase is to buy a reliable used car and drive it “until the wheels fall off.” But which cars and trucks are reliable in the long run? And figuratively speaking, at what point do those wheels fall off, anyway? Mojo Motors sought answers to those questions recently, by analyzing its listings for more than half a million cars and trucks from model years 1995 though 2014. 2011 Toyota Tacoma (Photo credit: M.CERASOLI) “We’re a product company that’s awash in Big Data,” said Nadjarian. “As a statistical and mathematical exercise, we did a linear regression analysis to find out, with each mile added, how much value do you lose on a per-mile basis? And theoretically, at what point do you lose all value?” he said in a recent phone interview. The company came up with a list of the Top 10 brands, in terms of the maximum number of miles at which their cars and trucks become theoretically “worthless.” Nadjarian said some smaller-volume brands may have fallen off the list due to small sample sizes. Here’s the list, according to mojomotors.com: 1. Toyota – 210,705 miles until worthless; 2. Honda – 209,001 miles until worthless; 3. Ford – 198,409 miles until worthless;

Mojo Motors Frequently Asked Questions (FAQ)

  • Where is Mojo Motors's headquarters?

    Mojo Motors's headquarters is located at 150 W 30th Street, New York.

  • What is Mojo Motors's latest funding round?

    Mojo Motors's latest funding round is Unattributed VC - II.

  • How much did Mojo Motors raise?

    Mojo Motors raised a total of $5.42M.

  • Who are the investors of Mojo Motors?

    Investors of Mojo Motors include RPM Ventures, Accomplice and NextView Ventures.

  • Who are Mojo Motors's competitors?

    Competitors of Mojo Motors include Carlypso and 5 more.

Loading...

Compare Mojo Motors to Competitors

TRED Logo
TRED

TRED is a company that operates in the automotive industry, focusing on the pre-owned car market. The company provides a platform for private party person-to-person transactions, connecting buyers and sellers of pre-owned cars, and offering advanced technology and financing options. It also ensures the protection and security of these transactions by handling the paperwork and payment processes. TRED was formerly known as NewOrderAuto Inc.. It was founded in 2011 and is based in Seattle, Washington.

H
Haoche51

Haoche51 specializes in the valuation and pricing of used cars within the automotive industry. The company provides assessments of vehicle conditions and determines resale values for pre-owned vehicles. Its services cater to individual car owners and used car dealers looking to buy or sell vehicles. It is based in Beijing, Beijing.

T
Tricolor

Tricolor is a company focused on the automotive industry, specifically dealing in used vehicles. The company offers a range of used cars and trucks, providing financing options for customers, even those without a social security number or credit history. Tricolor primarily serves the automotive retail industry. It was founded in 2007 and is based in Irving, Texas.

Trusted Sale Logo
Trusted Sale

Trusted Sale is a company that focuses on the automotive industry, providing services to enhance trust and transparency in used vehicle transactions. The company offers a range of services including a certification program for pre-owned vehicles, a mobile inspection service for pre-purchase inspections, and an online platform for private vehicle sales. These services primarily cater to the automotive retail industry. It was founded in 2015 and is based in Atlanta, Georgia.

VavaCars Logo
VavaCars

VavaCars operates as a technology-enabled used car platform that provides a transparent and hassle-free car-buying experience, leveraging its proprietary pricing and inspection technology to make car ownership accessible and affordable. In addition to buying and selling used cars, VavaCars also offers ancillary services such as servicing and extended warranty, providing customers with a comprehensive and convenient car ownership solution. It was founded in 2019 and is based in Istanbul, Turkey.

Cars24 Logo
Cars24

Cars24 is a technology-enabled used car marketplace. It provides a used car trading platform offering online and offline services and also enables the selling of used cars and used two-wheeled motorbikes. The company fixes and then resells vehicles for an agreed-upon price. It was founded in 2015 and is based in Gurgaon, India.

Loading...

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.