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Is CARS24 franchise profitable?

Is CARS24 franchise profitable?

It is successful because of it’s Quality and they give 6 Month Warranty. Cars24 acts like a middleman(Dealer) who buys your car and sells it to their partners. It earns money from commission getting from both seller and buyer only.

How do cars CARS24 work?

CARS24 is a car selling platform present in various cities of India. Working on a customer-to- business model, CARS24 buys your car and sells it to dealers. This makes the process smooth and hassle-free. Once done, CARS24 debits the agreed value of your car directly into your bank account.

Why is CARS24 successful?

The company, though just 6 years old, has gone on to become highly sought-after due to the demand of the supply-side conducting over 100,000 transactions a year. CARS24 buys all these cars from more than 15 cities across the country and sells them to over 100 cities in India.

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Who is owner of Cars24?

Global Car Group
CARS24/Parent organizations

Is Cars24 an Indian company?

CARS24 is an online used car marketplace that is headquartered in Gurugram, Haryana, India.

How do you bid on CARS24?

The process at CARS24 kicks off with an interested seller opting for an online evaluation and booking an appointment either through its website or the toll-free number — 1800-11-22-33 for a time slot at any branch that is convenient to the seller.

How do I get a CarDekho franchise?

Grow Your Business with CarDekho Gaadi Stores

  1. Extensive Pool of Verified Used Cars. Largest array of used cars at your fingertips across India.
  2. Quality Checked Paperwork. Thoroughly checked paperwork and documentation support.
  3. Comprehensive Inspection Report.
  4. Transparent Bidding System.

Who is the founder of CARS24?

Vikram Chopra
With industry-leading insights, we at CARS24, have been tirelessly trying to drive the supply side with our team at the wheel. Our efforts have constantly been noticed now as yet again both our founders – Vikram Chopra (CEO) and Mehul Agrawal (COO) have been featured in The Hindu Business line.

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Who is FOunder of Cars24?

Cars24 was founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra Jangid and Ruchit Agarwal as a platform to buy and sell used cars.

Is CARS24 Indian company?