Multi-channel auto platform CarTrade Tech Ltd. has launched ‘CarWale abSure’, a tailor-made platform to provide hassle-free buying and selling experience to customers, all under one roof.
abSure is an abbreviation for Absolutely Sure and CarWale abSure focuses on customer trust, transparency and ease and is thereby set to become a real disruptor in the used-cars segment. CarWale abSure is designed to facilitate the end-to-end customer buying journey from researching.
The used car market in India is expected to grow at a CAGR of at least 11% in the next five years, from its current size of approximately 4.4 million cars in financial year 2020 to approximately 8.3 million cars in financial year 2026.
CarWale abSure provides the complete buying experience right from choosing the car online to offline delivery. The brand stands by its 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 and make the journey smooth, reliable and gratifying for all concerned parties.
All certified used cars sold by CarWale abSure will have a one year or 15,000 km comprehensive warranty cover as standard along with 1 year free on-road assistance across PAN 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 an expedient and timely compensation to the seller.
Banwari Lal Sharma, CEO – Consumer Business, CarTrade Tech Ltd., said, “We are delighted to introduce CarWale abSure, an ingenious one-stop retail destination providing ‘Just like New’ pre-owned cars that are aspirational as well as affordable to Indians. The genesis of the brand lies in the belief that the purchase and ownership of a pre-owned car and the disposal of a pre-owned car is as important and significant as the buying of a new car. It is imperative to keep customer confidence at the helm of this transaction and minimize inadequacies pertaining to trust, transparency and financing mechanisms. CarWale abSure will focus on mitigating these gaps by striking equilibrium between the seller’s needs and the buyer’s demands.”
Abhishek Patodia, Senior VP – Used Cars, CarTrade Tech Ltd., said, “By enabling online offline access to a great selection of high-quality used cars for sale, along with services such as insurance, finance among others, we intend to propel the growth of used-cars market and enable it to reach its full potential while empowering stakeholders across the value chain. We are positive that CarWale abSure will take us forward in our long-standing commitment to offering meaningful customer experiences.”