Automobiles Information Business

3 Automobiles Information Business Success Stories [2024]

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Updated: October 7th, 2024

An automobile information business taps into the vast automotive industry’s thirst for knowledge. Imagine a platform where people can access in-depth car reviews, maintenance tips, market analyses, and buying guides.

It's a straightforward venture: create a website or app that becomes a one-stop hub for all things automotive. You could collaborate with car experts, mechanics, and market analysts to provide valuable content, from the latest electric car reviews to DIY maintenance tips.

Given the continuous advancements in automotive technology and the constant demand for reliable information, this business offers both growth potential and the chance to build a loyal audience. It’s a compelling choice for anyone interested in cars and ready to invest time in creating comprehensive, trustworthy content.

By setting up partnerships, optimizing for search engines, and leveraging social media, you could turn this information-rich platform into a lucrative business.

In this list, you'll find real-world automobiles information business success stories and very profitable examples of starting a automobiles information business that makes money.

1. The Clunker Junker ($5.89M/year)

Eric and Valerie Mitz, founders of The Clunker Junker, initially started off as an affiliate website generating leads for junk car removal companies. However, after facing challenges and setbacks, they decided to provide the service themselves and built a custom software platform connecting junk car buyers and sellers. The Clunker Junker has since grown into a successful business, generating close to $6 million in revenue in 2020.

How much money it makes: $5.89M/year
How much did it cost to start: $20
How many people on the team: 4

How We Built A Platform To Buy Used Cars And Grew It To A $6M/Year Business

The Clunker Junker founders built a modern platform that has enabled the purchase of hundreds of thousands of cars across the US, generating almost $6 million in revenue in 2020 and changing their lives forever.

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2. Schmidt Auto Brokers ($12K/year)

Mbali Schmidt, a stay-at-home mother, started Schmidt Auto Brokers after hearing about the challenges people face in getting car financing due to their credit scores. She saw an opportunity to connect Rent-To-Own dealerships with individuals who have bad credit scores and are declined by banks. Since launching 5 months ago, Schmidt Auto Brokers has already helped multiple customers and is making an average of $1,000 per month.

How much money it makes: $12K/year
How much did it cost to start: $10K
How many people on the team: 1

On Starting A Business By Connecting Dealerships In South Africa With People Looking To Buy A Car

Schmidt Auto Brokers is a five-month-old South African business connecting people with poor credit scores to rent-to-own dealerships; despite being in a highly competitive arena, the business is averaging $1,000 a month and plans to invest more in marketing and advertising to continue growing and helping improve drivers' lives.

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3. Car Blog ($10.4K/year)

Steven and Jenny, a husband and wife team, decided to ditch the traditional mortgage lifestyle and move abroad. With limited transferable skills, they turned to the emerging internet. Steve focused on building a portfolio of income streams, including blogs, while Jenny developed technical skills. Their blog, carblog.co.uk, now generates $870 per month, providing them with a reliable income source as digital nomads.

How much money it makes: $10.4K/year
How much did it cost to start: $60
How many people on the team: 0

How We Started Our Business Of Thematic Websites While Living Abroad

A husband and wife team developed a portfolio of online businesses generating income to cover their basic bills, allowing them to travel and develop other businesses, with one blog generating around $870 per month.

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Read by 5,174 founders