The pitch
What walked into the Den
InspectaCAR, from Calgary, offers independent pre-purchase inspections so used-car buyers know what they are getting.
Cody Paxman and Sheldon Anderson pitched in season 8, asking $85,000 for a 15 percent stake, which valued the company at roughly $567,000.
After the show
What happened next
The founders got their deal and then let it go. A Lethbridge Polytechnic profile of Anderson reports the pair accepted a joint offer from Jim Treliving and Bruce Coxon at $85,000 for 15 percent, but after extensive due diligence they decided not to proceed, disagreeing over whether to expand into repairs.
The business is still open. A July 2026 check found an active Calgary inspection operation at a single southeast location with listed hours, phone and a customer login, though some page content read as dated.
Our read
The Hub verdict
InspectaCAR mirrors LeakPro: a real on-air deal that the entrepreneurs themselves chose to abandon. They accepted a joint Treliving and Coxon offer at $85,000 for 15 percent, a roughly $567,000 valuation, then walked during due diligence over a disagreement about expanding into repairs. Reporting the walk-away is essential, because the handshake alone would misrepresent the outcome. The Calgary inspection business remains open, if with some dated-looking pages, which does not itself signal closure. InspectaCAR and LeakPro carry the same lesson from opposite chairs: a televised handshake and a closed deal are simply not the same event.
Deal accepted then declined by the founders
Worth knowing: The on-air deal and the founders' decision to walk are both on the record, and we report both, since a deal that the entrepreneur declines is its own kind of outcome.
