Cars24 enters used car sales market with 30 cities at launch

Cars24 has commenced used car sales operations in more than 30 cities across India. The company claims to have a stock of thousands of cars ready for sales.

The cars on sale are claimed to undergo a 150 point verification process. The company also takes care of the legal paperwork including RC transfer. Cars24 has also introduced a buyback guarantee (if the customer is not satisfied) and offers consumer financing to used car buyers. The company is expecting to reach over 10 lakh potential buyers in more than 100 cities by 2020.

Cars24 has inspected & auctioned almost 8,00,000 cars in last 4 years, converting more than 25% of them. With this move, the company has expanded its buyer base and will also service direct end purchasers.

Source