UK’s Motorway takes eBay approach for consumers to sell cars to dealers

Fast-growing UK startup Motorway has taken an asset-light, eBay-like online marketplace approach for consumers to sell used cars directly to dealers, a model the company hopes to expand to other countries and eventually lead to a public listing. "We definitely have global ambitions," Motorway CEO Tom Leathes told Reuters. Founded in 2017, Motorway has sellers upload photos of their car from their phone and dealers bid on them in daily auctions.