News

Price-check tool for Used cars, now on Team-BHP

We've recently integrated IndianBlueBook's used car price look-up feature on Team-BHP. It can be found here, as part of our Classifieds section. The tool allows you to run a quick price-check on used cars by entering basic year and model details. 

The returned pricing can be a useful guideline for those planning to sell their car, as well as for those looking to purchase a used vehicle. The pricing data is extrapolated from a history of completed sales (using the final sale price) at Mahindra's multi-brand 'FirstChoice' used car dealers. The mileage figure used in the calculations is assumed to be 12,000 kms per year.

Highlights:

  • All cars from 1990 onward are included
  • 28 Manufacturers, 250 models, 2000 variants & counting
  • Tailored pricing for 150 cities & towns
  • Separate price ranges provided for individuals and dealers
  • IBB's algorithms account for price differences between cities, fuel types and variants
  • Prices are updated every 2 weeks

This tool provides a good starting point for used car transactions. Note that more popular cars will be well represented, but some of the rarer cars might have a greater variance due to limited data points. It's a good idea to jump over to our discussion thread for some further research too.

Here's the link to the Used Car Price Check Tool once again.

 
Redlining the Indian Automotive Scene