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Depopass launches a barometer survey of second-hand car sales between private individuals

One year after its acquisition by Groupe BPCE, Depopass is in a position to draw up an initial barometer survey, based on a sample of 1,200 transactions carried out between individuals between September 1, 2016 and May 1, 2017.

This barometer survey is possible thanks to an extremely comprehensive monitoring provided by Depopass for each transaction, providing the following items for each one:   

  • The verification of the identities of the buyer and seller according to the banking protocols of the Banque Populaire banks and Caisses d'Epargne (including identity card and proof of residence less than 3 months old),
  • The provision of complete security for the payment, to the extent that the funds physically transit through Depopass, which knows to the nearest second and to the nearest centime the final amount paid for the vehicle in question,
  • The collection and authentication of the 13754*02 transfer certificate at the end of the transaction, dated and signed by both parties, which certifies that the transaction has been successfully completed.

As a result, no grey areas exist. It is the exhaustiveness of the processes applied to secure and support transactions that makes Depopass a benchmark solution as far as payment for second-hand vehicles transferred between private individuals is concerned.

Depopass, an innovative service

Launched in September 2015, Depopass is a ‘disruptive solution’ available to individuals and professionals who wish to sell or buy a second-hand vehicle with complete peace of mind. It verifies the identities of the participants and is able to guarantee payment by having the payments go through it via an escrow account. The service attaches great importance to accompanying its customers throughout the transaction and also offers them the possibility of adjusting the price right before the sale of the vehicle. Depopass allows you to make a sale 7 days a week, and avoids having to go to the bank.

Groupe BPCE acquired the start-up in 2016. The Axel Springer group, through its subsidiary and Boat Media, has also acquired a stake in the company to support its development and offer its customers a digital payment solution adapted to large amounts and volumes.

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