# VavaCars

> VavaCars is an Istanbul-based used-car buying and selling company serving consumers and dealers in Turkey. It combines online valuation, physical inspection and reconditioning, dealer auctions, consumer retail and proprietary AI pricing, with Petrol Ofisi providing an established physical network.

- **Founded:** 2019
- **Headquarters:** Istanbul, Turkey
- **Founders:** Lawrence Merritt (Co-founder and CEO), Alizay Saeed (Co-founder and CFO)
- **Products:** Consumer vehicle selling, Dealer auction platform, Direct-to-consumer used-car retail, AI pricing engine and VavaAI Price Index, AI customer assistant
- **Notable:** Launched trading in Turkey in April 2019., Over 10,000 vehicles traded by the October 2021 funding announcement., Company reported 1.5 million vehicles valued and 90% pricing automation for 2025.

## Products & services

- **Consumer vehicle selling** — Online valuation followed by free physical inspection, a final offer and completion of the sale.
- **Dealer auction platform** — Online auctions supplying consumer-sourced used vehicles to dealers.
- **Direct-to-consumer used-car retail** — Inspected and reconditioned vehicles sold online; launch terms included free home delivery, 14-day returns and a three-month warranty. Current vehicle and campaign terms should be checked.
- **AI pricing engine and VavaAI Price Index** — Proprietary pricing using transaction data and market analysis; the public index tracks Turkish used-car prices.
- **AI customer assistant** — Website chatbot implemented with NTT DATA for routine queries and personalized vehicle recommendations.
- **VavaCars Cepte** — Mobile seller app with vehicle details and photo uploads, dealer offers, a refundable authorization charge and a final centre check; store listing updated October 5, 2026.

## Achievements

- Launched trading in Turkey in April 2019.
- Over 10,000 vehicles traded by the October 2021 funding announcement.
- Company reported 1.5 million vehicles valued and 90% pricing automation for 2025.
- Raised $50 million in Series B and $37 million in Series C.

## Latest updates

- **2026-01** — Company statement reported 2025 vehicle valuations of 1.5 million and 90% pricing automation, with a 35% growth target for 2026.
- **2026-04** — Commercial group president Serdıl Gözelekli described profitability as a seventh-year target and discussed proprietary AI pricing and further physical expansion.
- **2026-10** — VavaCars Cepte Android listing updated October 5 describes digital dealer offers and a final physical check.
- **2026-10** — September VavaAI Price Index released October 6 reported a 1.1% monthly rise in Turkish used-car prices.

## Links

- Website: https://vava.cars
- LinkedIn: https://www.linkedin.com/company/vavacars
- Twitter/X: https://twitter.com/vavacarsturkiye
- Instagram: https://www.instagram.com/vavacarstr/
- Facebook: https://facebook.com/VavaCarsTurkiye/

---

Profile page: https://yespress.io/vavacars
Published by YesPress — https://yespress.io
Last updated: 2026-10-10