CarExpert
Type of site | Automotive-related news and car reviews |
|---|---|
| Available in | English |
| Headquarters | Australia |
| Area served | Australia |
| Founders |
|
| Industry | Automotive |
| URL | carexpert |
| Current status | Active |
CarExpert is an Australian website that provides automotive-related news and car reviews.[1][2] As of October 2021, the site attracted 1.4 million Australian visitors, with another 1.5 millions views on it YouTube channel.[3]
History
[edit]CarExpert was founded by Anthony Crawford, Alborz Fallah, and Paul Maric as a news publication.[4][5] They previously founded a similar website named CarAdvice, which was acquired by Nine Entertainment for $30 million.[6] It uses a reverse subscription model in which it charges the car manufacturer for the people that read its car reviews.[7][8]
In 2021, Channel Seven acquired a minority stake on the website for $4 million.[4][7] In the same year, CarExpert received the website of the year award.[1] CarExpert also opened its first retail store in 2021.[9]
In 2022, it received $10 million in investment and acquired Price My Car.[4] The website is in process to be publicly listed.[4]
In October 2022, CarExpert announced an investment by gaming billionaire, Laurence Escalante, and also announced an expansion of its operations into Western Australia.[10] Since its foundation, it was mostly active on the East Coast of Australia.[10]
In October 2023, CarExpert announced the results of another $3 million capital raise, valuing the company at $50 million with an annual turnover of $15 million. Investors in this round included gaming billionaire Laurence Escalante and Seven West Media.[11][12]
In February 2026, CarExpert entered the New Zealand market via a partnership with New Zealand auction site Trade Me.[13]
Awards and recognition
[edit]References
[edit]- 1 2 "CarExpert.com.au snaps up Website of the Year Award". Cyprus Mail.
- ↑ "CarExpert recuts equity raising, Rich Lister tips in". Australian Financial Review. 13 September 2022.
- ↑ Shepherd, Emma (2021-10-28). "Seven's stake in CarExpert more than just a traffic play, says Alborz Fallah". Mumbrella. Retrieved 2026-06-29.
- 1 2 3 4 "CarExpert raising $10m to buy Price My Car; IPO next". Australian Financial Review. April 22, 2022.
- ↑ "Coronavirus border closures 'creating ghost flights'".
- ↑ "CarAdvice to be sold to Nine for a reported $30 million". Australian Financial Review. 2 September 2016.
- 1 2 "CarExpert gears up as Seven West Media takes strategic stake". The Australian.
- ↑ "Cameras, AI drive car sales". The Australian.
- ↑ Cummins, Carolyn (12 August 2022). "Car dealerships hit top gear as the new tenants in town". Sydney Morning Herald.
- 1 2 "Escalante-backed car website revs up for WA expansion". The West Australian. 14 October 2022.
- ↑ "Online new-car classified site CarExpert's valuation hits $50m on capital raising". The Australian. 22 October 2023.
- ↑ "Ten Aussie startups that raised $39 million this week". Smart Company. 27 October 2023.
- ↑ "CarExpert to enter NZ with listing partner". Autotalk Australia. 2025-11-20. Retrieved 2026-06-29.
- ↑ "CarExpert wins Brand and Website of the Year at Publish Awards". Seven News. 9 September 2022.
- ↑ "CarExpert wins Brand and Website of the Year at Publish Awards". PerthNow. 9 September 2022.
- ↑ "Winners and Finalists". Commonwealth Bank Small Biz Awards. 9 September 2023.
- ↑ "CarExpert wins CommBank Entrepreneur of the Year business award". Seven News. 25 May 2023.
