CarDekho to Auction Luxury Cars on its App

BANGALORE:, India’s leading online automobile portal, is buckling up for maximum luxury with its latest auction! Scheduled for February 24, the online event will see pre-owned cars from renowned luxury automobile brands such as Audi, Jaguar and BMW available for auction. These cars are in good running conditions and will be available for used car dealers and individuals on CarDekho Auctions platform for a deal!

With 250+ active registered buyers in Delhi-NCR and 3000+ buyers pan India, CarDekho Auctions has a huge dealer network on its platform. The company has partnered with new car dealerships and top leasing companies along with corporate partners to auction their used cars on its platform. Individuals who want to exchange their old vehicles while purchasing new cars can now get better value for their old cars through CarDekho Auctions.

Some of the benefits of participating in CarDekho Auctions include presence of huge dealer network resulting in more choice for buyers, fully assessed cars, end-to-end monitoring of document transfer process, full transparency over process along with birds eye view for dealer principals, and advanced web & mobile platforms for buyers resulting in quick response.

Speaking on the announcement, Saurabh Maheshwari, Director, CarDekho Auctions – NCD Exchange,commented, “The tastes and choices of Indian consumers have also evolved with the increasing spending power that they find at their disposal. Having received a great response to our first premium online auction, we decided to launch another event to provide our users with more luxury options to choose from. With all vehicles in good running conditions, we are confident that the event will be a massive hit with both dealers and consumers.” Saurabh is ex-banker at Signal Hill Capital who was previously involved in various key acquisition deals including Gaadi’s acquisition by CarDekho.

The latest CarDekho Auctions event follows the massive success of the previous premium luxury Auction. The event had received an overwhelming response from both dealers and consumers, seeing more than 50% conversion and selling the likes of Porsches, BMWs, Audis and Jaguars to suit the discerning needs of car enthusiasts across the country.

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