CarWale abSure, part of CarTrade Tech, a multi-channel auto platform to provide hassle-free buying and selling experience in the used-car segment to customers has announced that it sold over 1,000 vehicles in December 2023, which marks a YoY growth of 160 percent.
Interestingly, it says that it saw a significant surge with over 40 percent of the transactions exceeding the Rs 10 lakh price bracket. Notably, the premium segment witnessed a strong presence of Mercedes-Benz, securing an overall 5 percent of transactions and claiming 40 percent market share in the premium segment. Other popular models contributing to this success include Honda City (4.4%), Hyundai Elite i20 (3.7%), Toyota Innova Crysta (3.5%), Hyundai Creta (3.2%), and Hyundai Grand i10 (3.2%).
Abhishek Patodia, President, CarWale abSure said: “We are extremely proud that we have achieved the milestone of over 1,000 cars sold through CarWale abSure and Signature dealers in the month of December. As pioneers in the used car ecosystem, CarTrade is at the forefront of innovation. Through our platform, we empower a seamless, industry-specific experience, enabling effortless transactions in buying and selling pre-owned vehicles.”
The platform provides a complete buying experience from choosing the car online to offline delivery. It offers 4S promises (Sure: 7-day money back guarantee; Safe: Zero accident and no tamper assurance; Secure: 167-point rigorous checks on the cars; and Smart: Provides comprehensive warranty) to enable seamless online and offline transactions.
All certified used cars come with a one-year or 15,000km comprehensive warranty cover as standard along with 1-year free on-road assistance across India. In addition, for used-car sellers, CarWale abSure provides free home car inspection, loan closure assistance, guaranteed ownership transfer and assured payments within 24 hours post-inspection, thereby ensuring expedient and timely compensation to the seller.
