Buying or selling an old car has always been a headache for us. The used car market in India is largely unorganized and selling and buying a second-hand vehicle is always tough due to Lack of transparency, trust and dealers in the used car market. Also, dealers take undue advantage of your inexperience and won’t tell you the exact price of the car sold.
This is what created the huge in the market which is being tapped by startups to create a revolution in the industry by redefining the traditional processes of buying a car.
Here are top four Indian startups that help customers to buy or sell a car without going through the unbearing trauma of dealing with crook dealers. You can rely on these startups before going to a local dealer and you can calculate your car value using their online tools.
CarTrade.com is one of India’s leading online auto marketplace transacting in new and used vehicles. It provides a structured platform to buyers and sellers to transact in new and used vehicles. CarTrade has the largest selection of certified used cars across India with a strong network of more than 4000 dealers. For new car buyers, there are features such as reviews, on-road prices, car comparisons and latest news.
Founded by Vinay Sanghi in 2010 CarTrade sells 2.5 million used cars per year and the company has also made it to Forbes’ top 10 list of sharply focused e-commerce players in India.
CarDekho.com is a website and mobile application which facilitates its users to buy right vehicles for them. It does this through a user-friendly website and mobile app that carry rich automotive content such as expert reviews, details of all specs and prices, comparisons as well as videos and pictures of all brands and models available in India. It is a classified portal owned by Girnar Software and have tie-ups with many auto manufacturers, more than 4000 car dealers, and numerous financial institutions to facilitate the purchase of vehicles.
Founded by two brothers Amit and Anurag Jain on 1st January 2008 CarDekho.com offers innovative features to ensure that you don’t need to visit the showroom at all. Some of the features include the ‘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. Cardekho also help you to apply for a car loan is various private banks, Cardekho is providing this service with the help of bank-bazar.com and you can also renew your car insurance or get insurance for new car also by choosing from more than 15 insurers.
Droom is India’s online marketplace to buy or sell new and used automobiles. Droom offers a wide range of categories in automobiles and all automobile services such as warranty, RSA, insurance, and auto loan. Droom was founded in 2014 by Sandeep Aggarwal. It is Singapore Holding Company with its subsidiary in India and United States.
Droom deals with all types of vehicles like car, bike, truck etc. whether new or old. Droom has advanced analytics tools on its platform. These tools helped both the buyer and the seller to get maximum benefit out of a transaction.
Founded in 2015, CARS24’s mission is to revolutionize the way used cars are sold in India. It is an ISO 9001:2015 certified company, which buys any car in any condition, any make – from car owners and gives them the best price for their car. CARS24 created an efficient and reliable way for car owners to sell their used cars at the Best Price. All one has to do is – book an appointment with any of the CARS24 branches, visit the branch and sell a car in a single visit. One can also get an estimated value of his car by using a simple price valuation tool on the CARS24 website.
Since their inception, CAR24 have come a long way – from one office in Delhi to 50+ branches across 10 major cities in India. Backed by a strong team of more than 700 employees, CARS24 has been amongst the fastest growing startup in India for selling used cars.
Spinny is a new age online retailer for used cars in India. We are bringing radical change to the way cars are bought and sold to establish absolute trust in transactions. Through our radical methods and strong leverage of technology we offer value, transparency and simplicity to our customers.
The startup claims to ease the process of buying cars by focussing on making the entire process transparent. All cars purchased through Spinny come with a detailed inspection report which highlights everything the buyer needs to know.