AWARD YEAR
2023
CATEGORY
Community
GOALS
Sustainable Cities & Communities, Responsible Consumption & Production, Trust, Tolerance & Empathy
KEYWORDS
pre-owned cars, auto industry, e-commerce platform, used cars
COUNTRY
Mexico
DESIGNED BY
Carlos García Ottati
WEBSITE
https://www.kavak.com/
KAVAK
Kavak is a disruptive brand looking to change how used cars are bought and sold in the auto industry
How does it work?
We want to empower people by helping them solve everything related to one of their most important assets: their car.
Driven by data, technology and innovation, we formalize the pre-owned cars industry, offering a wide catalog of guaranteed and certified cars.
We drive our mission through our e-commerce platform, app complements, and stores around the world, while also providing after sales services and financing options for our customers.
Why is it needed?
KAVAK is driven by the mission of correcting the vulnerabilities that cause risks and frauds in the transactions of the used car market and by providing access to financing opportunities, and we are making it happen!
How does it improve life?
Ottati, the founder, recognized that an estimated 90% of Latin America's used car transactions were informal, which leads to a high rate of fraud and long delays.