Interesting Startup: Cars24 – Making Car Selling Hassle Free

Cars24 is an interesting startup which is making car selling a hassle free and easy experience for customers. From getting an instant quote to completing the entire process within 30 minutes (as they claim), car selling has never been this easy for Indian car users. Cars24 basically earns a spread between it’s purchase and sale prices (it sells the car further to Dealers, Owners, OEMs etc.).  

Why I like this?

Great UI: The portal is very easy to use and the entire usage flow of the website is great. Starting with getting a quote, booking a free inspection and then getting the money instantly at the inspection center is amazing for any car seller.

Service Business: These guys are actually providing a service and are not competing in the ‘online platform for everything cars’ space.

My Concerns

Trust: They will need to build trust as car selling is a high value sale for any customer. Getting the right price and fraud are feelings we generally attach with this process

Competitive: You have trade in schemes, offline dealers, online car marketplaces who are already competing in this space. The ease of use and services provided by Cars24 should give it a reasonable differentiator to create a space for itself.

Overall, I really like this startup and the way there are doing things, I feel it can do very well.

1 comment:

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