Used Car

Volkswagen India strengthens its used car business: Introduces Das WeltAuto 3.0

Volkswagen India, the Indian arm of the German brand has announced that it plans to emphasise its focus on the used car business in India. Through the Das WeltAuto 3.0 (DWA) programme, Volkswagen India aims to provide a more transparent, professional and organised outlet for people who are looking to buy a used or pre-owned vehicle or sell their existing ... Read More »

VW launches Das WeltAuto used car business in India

Volkswagen has launched its pre-owned car business ‘Das WeltAuto’ (DWA) in India, the company announced. The DWA facilities offer buying and selling of multi-brand pre-owned cars. The company also said that DWA isn’t restricted to customers looking to exchange their existing cars for a new Volkswagen. The cars will be thoroughly checked and certified along with offering accessories, service and ... Read More »

Used-car dealer accused of gouging in $45 million of masks

A used-car dealer accused of trying to get New York City to pay a 400% markup on millions of respirator masks he didn’t actually have has become the latest target of a federal crackdown on pandemic profiteering. Ronald Romano, 58, of Manalapan, New Jersey, tried to charge city officials more than $45 million for the masks, falsely claiming he was ... Read More »

Dubai banking major, Dubizzle aim to simplify used car buying

Launched in partnership with Dubizzle, the classifieds platform in the UAE, the Autoswap solution will enable car owners looking to sell their vehicles to complete the transaction without having to settle their existing loans. Emirates NBD, Dubai’s biggest bank, has launched Autoswap, a first-of-its-kind auto loan buyout product that provides a hassle-free financing solution for individuals seeking to buy used ... Read More »

TESLA IS REMOTELY REMOVING AUTOPILOT FEATURES FROM USED CARS

Buying Used A man bought a used 2017 Tesla Model S last year from a third-party dealer — but in the end, he didn’t quite get what he paid for. The dealer had bought the vehicle directly from Tesla via auction in November. Three days later, the electric car company “audited” the vehicle — and then removed both Enhanced Autopilot and ... Read More »

Is It Okay To Buy A Used Car From A Rental Company?

As Jalopnik’s resident car buying expert and professional car shopper, I get emails. Lots of emails. I’ve decided to pick a few questions and try to help out. This week we are talking about used rental cars, non-transferable warranties, and the best time of year to buy used. Is it risky to buy a car from a rental company like ... Read More »

Carsome raises $50M for its used-car sales platform in Southeast Asia

Carsome,  a Malaysia-based marketplace for trading used cars, has closed a new $50 million financing round to fend off its rivals and grow its business in Southeast Asian markets. The new financing round, dubbed Series C, was funded by MUFG Innovation Partners (MUIP), the corporate venture capital arm and a wholly owned subsidiary of Mitsubishi UFJ Financial Group (MUFG); Daiwa PI Partners, ... Read More »

Used-car marketplace Vroom nabs $254M to take its growth up a gear

There have been a lot of bumps in the road for startups building used-car marketplaces, but now one of the longer-standing of them has closed a major round of funding — a clear sign of the mileage left in this category. Vroom has raised $254 million, a Series H that it plans to use to keep scaling the business, and specifically also ... Read More »

Best Used Car Deals In Bangalore for Ford EcoSport between 50,000 – 1,00,000 Kms From Cartoq TRUE PRICE

Ford pioneered the sub-compact SUV segment with its EcoSport which has been its best-seller since its launch. EcoSport is a well-built car that is a joy to drive and therefore a favourite of enthusiasts. A used EcoSport is ideal for those looking a for feature-rich, stylish SUV that is good to drive–both in the city and on highways. Ford’s initiative to ... Read More »

Here’s how Fintechs are helping used car firms to boost sales

Droom Technology, the online transactional platform for automobiles, recently acquired Delhi-based non-banking financing company, Xeraphin Finvest, for an estimated USD 3 – 3.5 million. The online auto services provider is expanding its fintech business under Droom Credit Business Unit to drive auto loan disbursals and insurance for purchase of preowned vehicles and facilitate dealer financing options. In contrast to declining ... Read More »