On this episode of The Shape of Work podcast, our guest is Joshua Bowlin, CEO of Autimely. Joshua has taken the future of car buying by storm.

Autimely is an automotive startup that aims to streamline the car-buying experience. It claims to be the first platform that allows users to purchase vehicles using cryptocurrency.

He shares some valuable insights on the new wave of car buying, AI, & cryptocurrency. We discuss with Joshua:

• The story behind founding his first company.
• What next for AI in Autimely?
• What will 2022 look like for Autimely?

Episode Highlights:

What’s Autimely?

Autimely is an automotive digital retail platform that provides consumers with the ability to negotiate with multiple automotive dealerships at the same time. Consumers can use cryptocurrencies to make payments. On the other hand, dealers can use our virtual sales rep, an AI that helps them negotiate with consumers on their vehicles. The AI can pick up emotions, feelings, etc., to build and get the deal done.

Making an Easy User Experience

If you offer a great customer experience, people will come back to you. You look at Tesla, which has taken much of the buying process online. You can look at the prices, see deals, and much more online. There’s no chance of someone fleecing you on a payment plan or the cost of your car. On top of that, they have kept the offline experience of seeing and experiencing the car in the showroom. So, it’s a great customer experience all around.
What’s Next for Autimely and AI
"We want to expand our AI into the financing part as well. You can get answers on financing through our app itself. I see Autimely growing into potentially having our dealerships."

 So, we will hold multiple brands under our umbrella with test centers. People can test out different brands and select the car of their dreams. 

Visions for 2020

Our goal in 2020 is to bring 1500 dealerships into our app. When consumers come to us, they have a wide variety of options. With COVID, everything has changed. People are trying to find new ways of doing business. They are more open to trying things and are interested in doing things online. Lastly, we will have 13 different cryptocurrencies, and you will be able to purchase a car through SHIBA COINS. Shiba coin is a cryptocurrency that got into the limelight when Elon Musk tweeted about it. 

Follow Joshua on LinkedIn

Produced by: Priya Bhatt
Podcast host: Moshe Vhanunu