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What does CARS24 do with the cars they buy?

What does CARS24 do with the cars they buy?

What happens to my car after you buy it? CARS24 works on a customer to business model wherein, after we buy your car, we sell it to one of our channel partners across India. Our channel partners further sell it to an end user.

Is the price negotiable in CARS24?

Yes you can negotiate the price of your car with Cars24 whenever you are selling your car or looking to purchase a used car from them.

What is the service charge of CARS24?

Customer gets the price from highest bid. This bid window is open only for 30 minutes. Cars24 does not charge anything to the customer. They make immediate payment to the customer.

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What do you know about Cars24?

CARS24 is a next generation ecommerce platform for pre-owned autos (cars and bikes). We provide the best experience for car buyers by offering a wide assortment of certified cars that are home delivered in a click of a button while sellers get the best price of their vehicles in less than 1 hour.

What is Cars24 bidding?

Cars24 has rolled out a bidding system to assist car owners who are looking to sell their cars. A bunch of people do enter it much to the joy of the car owner. Then comes a Cars24 executive. He uses a loudspeaker to amplify the reach to show that Cars24 reaches out to the full country.

Who is behind CARS24?

Headquartered in Haryana, India, Cars24 was founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal to buy and sell used cars online.

How does cars24 work?

CARS24 has a vast network of Channel Partners who bid and purchase cars from them. These channel partners are people working in cab companies, hospitals, hotels and even some car dealers. So when you go to sell your car to CARS24, these channel partners scattered around the country place their bids on your car.

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Why sell your used car with cars24?

CARS24 is on a mission to streamline the unorganised used car selling market in India. We at CARS24 help you: Sell your car in a Single Visit: Tedious negotiations with multiple buyers over a period of several days are a thing of the past. Visit CARS24 and sell your car in precisely one visit.

How many cars has cars24 done so far?

Our Pricing for 3,00,000 cars till date: CARS24 has done 3,00,000+ transactions till date – CARS24 has done 3,00,000+ transactions till date – This database of actual used car prices helps our pricing portal predict the fair market value of your car. How do you determine the price of my car?

What is the business model of usecars24?

Cars24 acts like a middleman (Dealer) who buys your car and sells it to their partners. It earns money from commission getting from both seller and buyer only. Seller pays less commission than buyer May be because seller is already had loss (selling for lowest cost).