An investment company has developed a new way of building cars with a “magic carpet” that promises to make it easy to get your car to market faster.
The company, called Magic Carpet Technologies, said its carpet could make cars cheaper than buying them from the factory.
The company is offering a two-year, $1,600 financing option for those interested in the $1 billion car-buying spree.
It said in a statement the company would soon start mass-producing its carpet to start producing vehicles for consumers.
Magic Carpet’s CEO, Mark Fuchs, said his company was trying to build a new generation of cars that would be easy to finance and could also last for years.
“This is a world-class technology that is being built to meet today’s needs for cars and trucks, and we are thrilled to be bringing this to market in the United States,” Fuchs said.
“It’s going to be the next-generation, next-level car carpet, which will revolutionize the way we live and travel.”
Fuchs said he expected Magic Carpets to be used to make a “world-class” car and that it would be manufactured in the U.S. and Europe.
He said the company had received funding from a venture capital fund in New York.
Magic Carpies carpet was designed to offer a cheaper, more durable, and lighter alternative to conventional carpets.
It also would be able to provide more energy-efficient energy-saving features like heat-absorbing foam and more natural colors.
The carpet is made from a polyester material that is flexible and elastic.
It’s meant to last up to two years and would be cheaper to manufacture than traditional carpeting, which is made of plastic.
It would cost about $2.50 per cubic foot.
If you would like to learn more about Magic Carps car-buyer carpet, check out this article on WSJ: http://www.wsj.com/articles/magic-carpet-technologies-introduces-new-tutorial-of-car-purchase-through-the-magic-carpet-1c3b9fb6-b3fc-4a18-d3a2fcc1b4b9