Rally RD Lets Users Invest in Valuable Cars Directly Through an App
Justin Lam — July 24, 2018 — Autos
Many classic cars are purchased as investments, rather than a means of transportation and the Rally RD app lets users across the world purchase equity in these incredibly valuable vehicles. Each of the vehicles offered on the app are hand-selected by a team of experts. These experts scrutinize and analyze every aspect of a vehicle, ensuring users know everything about their future investments. The vehicles themselves are stored in a protected, climate-controlled facility and have access to on-site maintenance and closed-circuit cameras.
Rally RD was founded by three life-long friends with a passion for collector cars. The idea to allow users to purchase equity in them came when the trio considered how hard it was to get into the hobby and was further fueled by their decision to open up automotive investments to everyone.
Rally RD was founded by three life-long friends with a passion for collector cars. The idea to allow users to purchase equity in them came when the trio considered how hard it was to get into the hobby and was further fueled by their decision to open up automotive investments to everyone.
Trend Themes
1. Classic Car Investing - The trend of investing in classic cars as an alternative investment channel offers opportunities for disruptive technology that aids in cost-efficient investment and trading processes.
2. Equity Trading Apps - The trend of equity trading apps presents opportunities for apps that focus on alternative investments like classic cars, art, wine, and other collectibles.
3. Expert-assisted Investment - The trend of expert-assisted investment apps offers opportunities for apps that put trusted, industry-leading experts at the forefront of the investment decision-making process.
Industry Implications
1. Finance - The finance industry can leverage app development technology to offer alternative investment products that cater to the growing demand of alternative investment opportunities.
2. Automobile - The automobile industry can use tech innovation to disrupt their traditional business models by exploring unconventional ways of monetizing vintage cars and offering investment opportunities to potential car buyers and enthusiasts.
3. Art and Collectibles - Art and collectible industries can partner with finance and app development companies to explore newer investment models that offer better credit deals and trading options to investors and traders.
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