Want to buy a car but have a limited amount to invest, opt for a used car this summer! With the availability of many options, easy finance and an increase in the spending capacity of people, the sales of four-wheelers have taken a huge jump in the last decade. But, due to the rise in new car prices, surged taxes, increase in fuel rates, higher depreciation, etc, buyers are shifting towards a second hand or used car options. Buying a car is an important decision because you wouldn’t buy a car every year and would like to use it for at least a few years. A pre-owned vehicle satisfies one of the most important family aspirations. We see India evolving similarly," Though affordability is a big reason. These small cars cost almost half as much the as new ones. The price difference between used and new cars can be more attractive to bigger cars. This means that you can buy an ‘as good as new’ car at a much lower price and use it for longer.
Droom is India’s first mobile marketplace to buy and sell new and used automobiles. Droom is the 3rd largest E-commerce company in India in terms of GMV and the largest online auto marketplace for buying and selling new and used automobiles with over 80 per cent market share of the automobile transactions online. It has four marketplace formats i.e. B2C, C2C, C2B and B2B, and three pricing formats - Fixed Price, Best Offer and Auction. The platform offers a wide range of categories from bicycle to plane and all automobile services such as warranty, RSA, insurance and auto loan.
Droom has in-built tech and data science tools to create the entire eco-system around used automobiles, including OBV (pricing engine), Eco (1,000+ points vehicle inspection), History (200 million vehicle history records), Discovery (dozens of pre-buying tools) and Credit (India’s first and only marketplace for used vehicles’ loans). The company is currently generating USD 1.2 Billion in annualized GMV and growing at a rate of 150 per cent Y/Y. Droom has a presence in 830+ cities across India (India’s largest hyper-local marketplace), 300K+ auto dealers (largest auto dealer platform in World), 55 Million+ monthly visitors, nearly 12 Million+ app downloads and 6.5 Million+ Facebook followers.
CARS24 makes selling a car an easy, fair and quick experience offering an efficient and reliable way to car owners to sell their cars at the best price. The company commits that an individual can sell his/her car in just 30 minutes after a certified test by their experts. They perform an online bid process among various car dealers which picks the highest bidder after 30 minutes. Listing online leads to more time consumption, multiple calls, random meetings, price haggling etc. However, CARS24 makes selling a car an easy, fair and quick experience.
CarDekho.com is India's leading car search venture that helps users buy cars that are right for them. Its website and app carry rich automotive content such as expert reviews, detailed specs and prices, comparisons as well as videos and pictures of all car brands and models available in India. The portal has a Feel The Car tool that gives 360-degree interior/exterior views with sounds of the car and explanations of features with videos; search and comparison by make, model, price, features; and live offers and promotions in all cities.
CarWale has always striven to serve car buyers and owners in the most comprehensive and convenient way possible. They provide a platform where car buyers and owners can research, buy, sell and come together to discuss and talk about their cars. The portal make informed car buying and ownership decisions with unbiased information on cars through expert reviews, owner reviews, detailed specifications and comparisons.
