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Mobile Marketplace Startup to Introduce Automobile Dealer Services Designed to Help Dealerships Move More Inventory, Sell More Automobiles to Local Buyers

NIADA Convention and Expo Click here for high-resolution version

LAS VEGAS, NV--(Marketwired - Jun 13, 2016) - 5miles, the country's first full-category local marketplace app, announced today that the company is unveiling a host of automobile dealer services this week at the National Independent Automobile Dealers Association's annual conference in Las Vegas. The NIADA Convention and Expo, which is the world's largest gathering of used vehicle dealers, brings together industry leaders and players to learn about new tools, services and technology.

5miles, recently named by appPicker as one of the top car-buying apps on the market, is making its NIADA Convention and Expo debut this year, where the year-old startup is presenting itself to the broader auto dealer industry after early success with increasing hyper-local transactions between used car sellers and buyers.

"In the short time we've been in operation, 5miles has had huge success in the car category with a significant -- and ever-growing -- presence of independent car dealers joining our marketplace," said Rick Cantu, general manager at 5miles. "Our coming to NIADA is a calculated move to showcase how and why 5miles is such a hot platform for both buyers and sellers of vehicles."

Consistently one of the top-selling shopping apps on Google Play, 5miles has grown to a community of more than eight million users, with billions of dollars in transactions and counting. In the car category alone, the 5miles app is one of the top 10 auto platforms (by listing volume), with nearly 5,000 new listings and 1,500 vehicles sold every day. Features like 5miles' patent-pending "boost" function, along with newer offerings such as premium listings, are differentiating the mobile marketplace even further.

"People are flocking to 5miles to buy cars, which has allowed us to expand our marketing efforts to include car dealers," said Jonathan Bailey, director of sales at 5miles. "With more and more consumers using us to a high degree, the more visibility to dealer inventory we can provide on our marketplace. It's a win-win that is creating a powerful sales channel."

5miles is the first app of its kind to offer users a truly dynamic, local marketplace with access to both second-hand goods and services, housing and jobs: real items from real people in real time -- all within five miles. From cars and motorcycles to auto repair and installation, body and glass, and washing and detailing on the service side, 5miles is delivering a total shopping and aftermarket service experience like no other.

Learn more about 5miles at 5milesapp.com. For event information, visit niadaconvention.com.

The National Independent Automobile Dealers Association has represented quality independent automobile dealers for more than 65 years. The Arlington, Texas-based organization assists 20,000+ professional auto dealers and association members in becoming more successful within the used motor vehicle industry. NIADA brings industry education, valuable information, and benefits designed to prepare members for an ever-changing marketplace, including the annual NIADA Convention and Expo. This event, considered the world's largest gathering of used vehicle dealers, offers attendees a unique opportunity to meet face-to-face with executives of successful dealerships while also showcasing the latest equipment, services and technologies. Learn more at niada.com. For event information, visit niadaconvention.com.

About 5miles
5miles is a hyper-local, free to download mobile marketplace app, one of the nation's fastest-growing online shopping ventures available in all major markets across the United States. It is the first app of its kind to include services, housing and jobs, in addition to second-hand trading. 5miles launched in Dallas in January 2015, setting itself apart with an easy-to-use mobile interface, identity verification capabilities for added safety and security, and hyper-local curation of offerings -- all within 5miles. In its first year or so of operation, buyers and sellers in major markets coast-to-coast have transacted more than $2 billion in merchandise through 5miles. The app is ranked routinely as a top 10 shopping app on Google Play and boasts a growing adoption rate with iOS users via the App Store. Learn more at 5milesapp.com.

App Store: m.onelink.me/5fc10133
Google Play: m.onelink.me/674211f2

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