Used Car

How CARS24 is shaking up the used car industry in India through technology innovation

The used car market in India is growing at a phenomenal pace and due to shorter car ownership periods, price value quotient, penetration in smaller towns, demand for used luxury cars, and reduced customer anxiety towards pre-owned car segment, it is turning out to be bigger than the new car market As per the data by SIAM released in 2018, ... Read More »

How to Buy a Used Car?

People buy a new car every five years depending on the area they live in. Some states have certain benefits when buying a new car. For example, in Germany everyone is driving new cars they are just paying monthly for it. When you think about used cars, that can be a car that was driven one day, but the price ... Read More »

Maruti Suzuki ready with its 1.5-litre diesel engine

– 1.5 diesel might debut in the Ciaz – 1.3 DDiS engine to be phased out soon Maruti is right on track with its 1.5-litre diesel engine that will replace the ageing 1.3-litre DDiS unit by 2020. The engine is most likely to debut in the Ciaz and then make its way into the other models. As of today there ... Read More »

BMW and Porsche introduces three-minute fast charging for EVs

–    BMW and Porsche along with Allego, Phoenix-Contact, and Siemens launched “FastCharge” in Germany. –    Is capable of fast charging in less than three minutes with its capacity of 450kW. BMW and Porsche along with industrial companies have launched a “FastCharge” in Jettingen-Scheppach, Bavaria. This ultra-fast charging facility is capable of charging a capacity of 450kW (more than ... Read More »

Online Used Car Marketplace Cars24 Raises $49.7 Mn

• The funding has been raised from Sequoia Capital India, Kingsway FCI Fund, and KCK Global • The startup’s valuation is expected to be $250 Mn • Cars24 currently has more than 50 branches across 10 major cities in India Gurugram-based online used car marketplace Cars24 raised $49.7 Mn (INR 340 Cr) from Sequoia Capital India, with the participation of some existing ... Read More »

A year after GST rollout, used car sales rebound in Q1 on lower base

The pre-owned car market has been subdued since November 2016, when the government demonetized high-value notes. Photo: Shankar Mourya/HT New Delhi: A year after implementation of the nationwide goods and services tax (GST), the organized used or pre-owned car sales market has started to recover albeit at a slow pace as the taxes imposed on such vehicles are still higher compared ... Read More »

How much do used hatchbacks, sedans and luxury cars cost?

The used car market in India has become larger than the new car market. Photo: Mint The used car market in India is larger than the new car market. In the year 2017-18, a total of 3.28 million passenger vehicles, which includes hatchbacks, sedans and SUVs, were sold in India. The used car industry’s volume was 3.8 million units over ... Read More »

5 things you should definitely check before you invest in a used car

We all know purchasing a used car is a big decision for many. Though trusted pre-owned marketplaces like Droom have made this a hassle free affair, we can totally relate to your fears and concerns, especially when you are putting in your hard earned money into such a big ticket item. Cars, be it new or used, are still an aspirational asset ... Read More »

Some used car dealers ‘ordered’ thieves to STEAL Toyota Fortuners: Cops

The Delhi police recently shot dead a car thief near Vivek Vihar in East Delhi. The cops also managed to nab an accomplice of the dead thief. Investigations into the theft of cars by this gang have revealed some startling details! The accused used to take ‘orders’ from used car dealers and plan their course of action accordingly. The probe reveals that ... Read More »

Used car buying guide: Smart Roadster

Just £2450 will get you behind the wheel of one of the most interesting small sports cars of the past 15 years – a Smart Roadster Light coupé. The 2005-registered £2450 car we found has done almost 90,000 miles. It has only seven service stamps in the book – not ideal given the tiny engine’s fondness for fresh oil (every 7000 miles). ... Read More »