What is Performance Auto?
Performance Auto Inc. operates as a used car dealership based in Bohemia, Long Island, New York. The company specializes in offering a diverse inventory of pre-owned vehicles from premium manufacturers such as Audi, BMW, Chevrolet, and Mercedes. Performance Auto emphasizes a transparent, no-haggle pricing strategy to provide a streamlined purchasing experience for customers across Long Island, including areas like Sayville and Huntington. Beyond sales, the dealership also facilitates a straightforward process for individuals looking to sell their vehicles, offering trade-in options and competitive purchase offers.
How much funding has Performance Auto raised?
Performance Auto has raised a total of $40K across 1 funding round:
Debt
$40K
Debt (2021): $40K with participation from PPP
What's next for Performance Auto?
With the recent influx of substantial expansion capital, Performance Auto is poised for a new phase of growth. This financing, indicative of a significant Series B/C stage, suggests a strategic focus on scaling operations, potentially through expanding inventory, enhancing digital sales platforms, or increasing market reach within the New York metropolitan area. The company's commitment to a customer-centric, no-haggle approach, combined with its dual focus on both selling and buying used vehicles, positions it to capitalize on evolving consumer preferences in the automotive sector.
See full Performance Auto company page
