Cars24, e-commerce platform for pre-owned vehicles, is set to transform how used automobiles are bought by putting the entire process online.
How it works
Cars24 will offer home delivery; a 6-month warranty and a no questions asked 7-day return policy, much like buying any other product online.
Buyers are provided with a wide selection of cars so they can find the exact model in the exact condition and exact colour they want as against being forced to choose something sub-optimal.
A transparent pricing and a technology enabled catalogue allows buyers to quickly browse through thousands of cars and choose the right one that suits them the best, the company said.
Used and refurbished cars
The company has already built India’s largest assortment of over 10,000 cars, it said. In 2021, the brand will set up 7 refurbishment facilities across 50 acres land in top Indian metro cities. Around 20,000 cars per month will be refurbished at these facilities.
Commenting on the new proposition, Vikram Chopra, Co-Founder and CEO, Cars24 said, “The widely accepted process of buying a car is outdated, tedious and tiresome, and definitely not fit for today’s consumers. The future of car buying is entirely online as it allows the buyers to buy what they like; and what they like is what they get on Cars24. To close the trust gap, we now equip our consumers with a no questions asked 7-day return on the car. Our customers love the proposition and hence, our online sales are growing rapidly,” he claimed.
