Vancouver, May 8 2024 — GuardTree, Canada’s first subscription-based used car warranty provider, has announced a strategic partnership with TurboBid, an innovative Canadian auction marketplace. This collaboration aims to simplify the used car buying experience and provide enhanced protection to Canadian drivers.
With this partnership, TurboBid buyers can now secure comprehensive warranty coverage providing a seamless solution to protect their investment and provide peace of mind.
Initially launched in Ontario in 2021, GuardTree is committed to making used car warranties accessible and flexible for all Canadians. Through its subscription-based model, GuardTree aims to revolutionize the way Canadians approach vehicle ownership by offering transparent and customizable warranty options tailored to individual needs.
TurboBid, known for being Canada’s pioneering auction marketplace, is transforming the landscape of used car transactions with its secure bidding system. By introducing trust and transparency into the buying and selling process, TurboBid empowers consumers to make informed decisions when purchasing used vehicles.
Gurpreet Banwait, General Manager, Strategic Growth at GuardTree, expressed enthusiasm about the partnership, stating, "This partnership represents a significant opportunity for both GuardTree and Canadians. Often, customers are only presented with the opportunity to purchase extended warranty products on new vehicles. Our integration with TurboBid will help change that, providing used car owners with up front information about the protection options available to them."
Shirjeel Arshad, Co-Founder & Chief Operating Officer at TurboBid, highlighted the significance of TurboBid's role in providing transparency precisely when it's most crucial: "In an era where trust & transparency is paramount, TurboBid stands as a reliable source, guiding consumers through the complexities of used car purchases. Our partnership with GuardTree not only streamlines the buying process but also ensures that buyers have access to comprehensive protection, fostering peace of mind like never before."
Shaq Rahman, Co-Founder & Chief Revenue Officer at TurboBid, echoed the sentiment, emphasizing the critical need for transparency in the used car market: "Navigating the used car market can be difficult. At TurboBid, we recognize the importance of transparency in alleviating buyer anxieties. Teaming up with GuardTree reinforces our commitment to empowering consumers with knowledge and peace of mind throughout the buying journey."
GuardTree and TurboBid agree that this partnership signifies a shared commitment to promoting confidence in buying and owning used cars.
For media inquiries, please contact: media@guardtree.ca
About GuardTree
GuardTree is the first subscription-based online warranty company for used cars in Canada. Launched in Ontario in 2021, GuardTree is on a mission to make used car warranties accessible and flexible for all Canadians while putting social purpose at the forefront with its unique carbon offsetting program. They have created a convenient and easy way to instantly purchase, activate, and manage extended warranties online when factory warranty has expired. GuardTree’s Used Car Warranty covers major electrical and mechanical repairs and includes additional benefits. Leading with environmental responsibility, a part of every member’s monthly subscription fee goes directly towards offsetting greenhouse gas emissions caused by driving. For more information, visit www.guardtree.ca.
About TurboBid
TurboBid is Canada's pioneering auction marketplace, revolutionizing the landscape of used car transactions. With its innovative platform, TurboBid introduces a secure bidding system that enhances trust and transparency in the buying and selling process. By empowering consumers to make informed decisions, TurboBid is reshaping the future of automotive transactions in Canada. For more information, visit www.turbobid.ca.
