Cars24 Review – Best Used Car Valuation Site in India 2018

About cars24 IN(India)

You have used your old car for quite some time but now you feel it’s time you sell it off. But what about buyers, dealers, middlemen, and all the formalities and paper works? The mere thought of having to put up with the entire arrangement can be daunting enough. And do you even have ample time to deal with all these? Where would you find customers who would be willing to pay the amount you want for your car? That’s right. Finding the right customers, or even the right market for your used car isn’t as easy as you would like to think.

If you think that the entire process of selling your old car isn’t your cup of tea, then sit back and relax as that is exactly what cars24 deals with. Being one of the best used car valuation sites in India, if you want to sell your car free of any hassle or middleman, you can completely rely on Cars24 to help you with every kind of documentation, finding the right customers and so on. Who knew selling cars in India could be so easy, right? Well. Now you know.


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The main motto of Cars24 is to provide you a different experience when it comes to selling your car. Selling your car in the old fashioned way is a thing of the past, and who has so much time on their hands now anyway. Cars24 has simplified and standardized the entire selling process so the entire process becomes a whole lot easier for the seller.

Now you can sell your used car to Cars24, who will purchase your used car from you and then sell it to their channel partners throughout various cities all over India.

In order to avail the service, all that you have to do is pay a small fee for every transaction you make while you sell your car to Cars24.

If you want to know about the best place to sell your car online for cash, then read on as this Cars24 review article will let you provide all information regarding everything you need to know about selling cars through Cars24 in India. We, however, do not provide any information regarding purchasing any cars.

What makes Cars24.com the best place to sell any used car online?

The main motto of Cars24 is to change the entire unorganized system of selling used car into a better and convenient system in India. At Cars24, you will get help with the following services:

Sell your car in a Single Visit

No more constant bargaining, negotiations, and hassles with different customers. Dealing with various kinds of buyers day after day doesn’t have to be a reality anymore.

Previously, selling a car would take so many days but now it can be done very easily and even instantly if you want. Dealing with different buyers, disappointments, and even delays while selling your car over a long period of time is no longer a thing.

All that you have to do is simply visit cars 24 and sell your car in just one visit. No delays and no extra formalities. It’s just as simple as that!

Quick instant money transfer

If you worry about receiving your money or worry whether you will get your payment on time, then worry no more. Cars24 makes it certain to transfer your money straight into your bank account on the exact same day that your car is sold. You no longer need any lengthy follow-up process with any of your buyers, no meet up with them day after day to get your payment. However, the payment process for the deferred payment option is slightly different. In case of deferred payment, you will get the payment in your bank account within 48 hours of the transaction.

Free RC transfer

Do you hate waiting in those long lines at the RTO office? Are you tired of those constant streams of paperwork? Well, worry no more. Now all that you have to do, is simply sell your car to Cars24 and leave the rest upon their hands.

Cars24 makes sure that they handle all your necessary documentation and paperwork that is needed to get your RC transferred. And the best part- it’s all free of cost! Luckily you don’t have to spend a dime for any of it.

Other than that, you also have secure transaction methods as every customer is protected by the Customer Protection Policy provided by cars 24, and this service is given to you until your RC gets transferred.

Best price for your used Car

You might wonder whether they are giving you the fair price for your vehicle which you rightfully deserve.

They guarantee that with hands-on experience after inspecting about 3lac+ cars, and extensive research related to vehicles, they have now become an expert when it comes to evaluating your used car and setting the right price.

The prices they offer to you for your used car is dependent on a lot of factors, such as conditions of the market, the condition of your car, the rise and fall of prices of materials, amount of taxes and so on.

You will find no other platform as trustworthy as Cars24 since they will provide you with the accurate price for your car, because of their strict policy to remain unbiased when setting the accurate value for your vehicle.

How to sell your car fast online at Cars24?

Selling your used car at Cars24 is actually easier than you think. All you have to do is follow 3 simple steps and there you have your car sold! Here we have listed the required steps which will be elaborated in details later on:

Book an appointment

First of all, you should visit the cars 24 website. Once you go through the site, you should see that there are forms that will require you to fill in your detailed information.

Once you fill in the details that are required in the forms, you can proceed to choose your preferred branch and time slots. There is no set time or fixed branch, as cars24 allows you the flexibility to choose your own timing and location. You can, therefore, sell your used car at your own comfort.

Visit the Branch

After booking your appointment with Cars 24, you will be required to visit the branch of your choice that you have selected previously. Once you reach the branch, you can also get your car inspected without any extra charge at all.

Get the best price for your used card on the same day

You can land yourself the best price provided by Cars24 on the same day. All that is needed to avail this opportunity is to simply sign the deal, which will ensure that you get the payment right after, and voila! Congratulations on completing your selling process successfully!


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Here are the step-by-step details on how the entire process actually works:

Step-1: Free online Car Valuation

Fill the online valuation form to find the best price for your car within 10 minutes – For this, the very first step that you have to do is to fill in the form that is provided on the website. This online valuation form will help you determine the best price for your car. And all of this is done in under 10 minutes. While the specialists at Cars24 are determined the price that will same right for your car there will also be a few factors that will help to find the exact try at which your heart should be valued.

Factors that determine the price of the car- While the specialists at cars 24 will determine the price that will seem just right for your car, there will also be a few factors that will help you to find the exact price at which your car should be valued. These factors can include; the entire condition of your car, prices of materials, current market demand for used cars and so much more.

24 hrs. Valid valuation-The valuation of your car would be valid for up to 24 hours. So whatever you do should be within the next 24 hours.

Step-2: Book Appointment

Book appointment either online or by calling customer care. To book an appointment from beforehand, all you have to do is either do the booking online by logging on to the website www.cars24.com.

After that’s done, now all that is left to do is to simply fill in the basic details about your car (as it was mentioned previously in this article), and schedule an appointment as per your suitable timing and at your nearest Cars24 branch.

Other than that, another option is that you can simply contact customer care and call the customer helpline number, which is-1800 258 5656.

Simply call this number and agents at Cars24 will schedule a suitable appointment as per your timing preferences.

Step-3: Branch Visit

Documents required for inspection

There are of course some important paperwork that you must bring along with you if you wish to carry on with the inspection process of your used car. These documents are as follows:

  • The Original RC (this is mandatory)
  • Anyone of the following 3 documents: Insurance certificate/cover note/policy
  • The original invoice of your car
  • Any duplicate keys besides the original ones
  • The service manual that comes with the car
  • The last receipt of any sort of repairing or servicing that you got for your car
  • Any extended warranty certificate (only if it’s applicable)

If you want to avail the instant payment service, then you must bring with you these additional documents on the same day:

  • The PAN card of the registered owner
  • 4 Self-attested photographs of the registered owner
  • Any 1 from the 3 following documents of the registered owner – aadhar card/ pan card/ passport
  • Any financial documents, in case of a financed car
  • Any cheque that has been canceled
  • The GSTIN Registration Certificate (this is needed only if the car’s RC is in the name of the Firm / Company / HUF etc.)

Finally, you should not forget to take out all bits and pieces of your personal possessions from your car before the start of the inspection process!

Who can visit for inspection?

If you want to know who can visit for the inspection process, well, in that case, either the owner or the driver can come along.

However, no matter who comes along on the day of the inspection, he/she must carry all the required documents that you need during the inspection process. An important point to note here is that it must be the owner of the car who needs to provide self-attested photographs and documents which are important for the inspection process.

Other than that, Cars24 will also require all the details of the registered owner’s bank account. This will be necessary to be able to initiate the transaction that is involved in the deal.

Branch operating time

All branches of cars 24 are open from 10 a.m. to 7 p.m. a seller is usually advised to reach either of their branches within 6 p.m.in order to avoid any hassle or delay.

It is also important to note that there might be some branches all across India which do not operate on certain days of the week.

If you want to know whether a particular branch is operating on a particular day and time, you can simply contact Cars24 to know about it.

Besides that, they are also more likely to inform you beforehand, especially during the time when you will contact Cars24 for booking an appointment schedule at a particular time slot.

Time taken to inspect

The entire time that will be taken to get the inspection done will totally depend on the condition of your car.

The experienced CJs or the car jockeys at Cars 24 evaluate a used car on the basis of several factors and parameters. The CJs are trained to be able to complete the entire inspection process of your car within a time limit of about 30 minutes.

However, there might be exceptions to this depending on the condition of your car. Furthermore, in certain cases, it might even take longer for the total inspection process depending on your car.

At times it might even take as long as 90 minutes to get the entire inspection process done.

Online valuation price and post inspection price difference

There is a difference between the price of the online valuation and the actual price offered at the branch. The online valuation actually indicates an estimated range of the amount that you can get for your used car considering that it is in perfect condition.

On the other hand, the overall detailed inspection of your car that is conducted at the branch helps to determine the overall physical health and the working condition of all the components. This information further helps to calculate the final amount that would be offered to you.

The factors that affect the value of your car include the following: The overall make of the car, the aesthetics and overall mechanical condition of the car, the total kilometer run on the meter, and the overall market condition.

Inspection charge

There is no additional inspection charge and it is offered to you totally free of cost. Also, remember that the average time taken for the inspection process of your car is only 30 minutes.

Step-4: Sell your used Car in a single visit

After your inspection is done, all that is left to do now is to simply sign the deal. After the signing is complete, your transaction will be confirmed. Once the overall transaction is completed as well, you will get the required amount of payment transferred safely into your bank account.

Top 3 mistakes to avoid when selling used cars online in India

Why Car exchange offer is a bad idea?

You probably don’t know what actually happens when you opt for an exchange offer for your used car. First of all, there is basically a negotiation based on the overall value of your used car.

You might be surprised that the sales executive will actually offer you a higher price compared to the price that cars 24 will be offering for your used car. As a result of this, you might believe that you have an amazing deal at hand for your car. But you shouldn’t fall for the salesman’s tactic here as this is simply nothing but a trap.

What the sales executive is trying to do, is to smartly offer of your higher price as means to gain your trust, and make you believe that you have an amazing deal at hand that you shouldn’t give up so easily. What customers usually fail to realize is that, while negotiating the deal for a new car, the sales executive has actually given you a significantly less discount then what you could have originally gotten.

Still having a hard time believing it? Well, why don’t you head out and test it yourself? In order to test it, you can go to a new car dealership planning to buy a car. In the same instance, you can separately send a friend or a family member to buy a new car in exchange for their old used car. It will no longer be a secret that the extra money that is offered to you for your new car would actually result in a smaller discount on your new car.

Dare to ask who will bear the loss for this? It’s definitely you! Rather than all this, simply win the best price for your used car on cars 24, and you can negotiate harder for the right price when you purchase a new car

Why selling your used car at online classified sites like OLX is a bad idea?

Well, first of all, platforms like cars 24 offers you the best price for your own used car. To ensure that you get the best price, they have long-term volume contracts with OEMs, corporates, leasing companies, car rental companies, and other similar companies that want to buy your used car to be able to grow their business. As a result, you don’t actually need to look elsewhere to sell your used car.

However, if you’re still interested in the other options, can there be what you need to know. Classified websites such as OLX unlikely to show much higher prices for your car. But in reality, these prices are actually arbitrary, an almost 50% to 200% how are you in value than the real price.

It’s sort of shocking that such sites are actually not as reliable when it comes to setting the price. However, as soon as you start the process of meeting buyers for your car, you get to learn the real truth behind the price that they are offering to you.

Why selling your used car directly to a consumer is a bad idea?

You might think that selling your used car directly to a consumer would be profitable, but it’s actually the exact opposite.

You can actually go ahead and sell off your car directly to the consumer that you just met. But are you aware that it could actually take months before you are able to complete the entire transaction?

Also, on a different note, do you even have ample amount of time and months at your hand to be able to meet hundreds of individual buyers to find the one perfect customer to sell your used car?

If you want to wait longer to sell your car, then you should know that you can actually lose more that way, since the overall value of your car depreciates every day as you wait. Besides that, shifting the ownership and liability of your used car over to a new customer can be a very lengthy and tiresome process.

After you have handed your keys to your customer, how long would you be able to chase your customer for the transfer of documents of ownership? Meanwhile, the liability of the car would still be yours, and you wouldn’t most definitely want your used car to end up in the wrong hands!

With cars 24, you can rest assured that the entire process is kept as transparent as possible. This is where you are given the best price for your car. Other than that, all of the tedious and lengthy paperwork and documentation is taken care of by experts at cars 24, which also includes the transfer of ownership to a new customer!

If that’s not enough for you, the best part about selling your car to cars 24 is that cars 24 take full ownership and all responsibility of the car as soon as you hand over your car keys to them. So now you can simply sell your car without any of the tedious processes, dealing with any customers or waiting for lengthy paper works.


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Frequently asked questions about selling used cars online in India

I want to sell my car fast today– What I have to do now?

If you want to sell your car fast and don’t have enough time to wait then all you have to do is simply visit the cars 24 website and book an appointment. Or, you can also choose to call the customer care number which is already given in this article under the section regarding “booking an appointment.”

Once you call the number you can simply fill in basic details about your car, and schedule an appointment as per your suitable timing as soon as possible, at your nearest cars 24 branch. Since you want to sell your car very fast and within today, it would be better to talk to the customer care agent and tell them about your issue.

The next thing that you have to do after this is to visit the branch. Of course when you do visit, please remember to take the important documents which are all listed in this article. To know what these documents are, please refer to the heading, “documents required for inspection”, under the section “branch visit”.

If you want your instant payment service within today then there are also a set of additional documents which you must provide. These are also listed under the same sections as before in the article.

Finally, once you visit the branch, the CJs will simply take 30 minutes to inspect your car before the process is finally done. Do remember that there is no additional charge for inspection if you visit the branch. If you want home inspection then there will be some additional charges included.

The best part is that you can sell your car in only a single visit. Once your car has gone through the inspection process, all that you have to do now is simply sign the deer and your transaction will be transferred into your bank account.

Free online used car valuation – How accurate it is?

The free online used car valuation is not actually accurate since the price on the website, and the price after the inspection process tend to differ.

This happens because online valuation, which is mentioned on the website, is actually an estimated range that Cars24 believe you can get for the used car, only if it is in perfect condition.

However, you get to know the actual value that you are going to receive only after the detailed inspection process is conducted at the branch. This shows the accurate picture of the physical health and the working condition of the components.

Only after knowing the overall condition, the final price of the car is decided. Usually, factors such as the make of the car, the overall mechanical condition, the total kilometer run, and the market conditions are considered when deciding the price that will be offered to you for your used car.

Is it possible to sell a car in 30 or 45 minutes?

It is actually possible to sell car in under 30 45 minutes. But by doing so, you are actually putting yourself at a greater risk for loss during the entire car selling process.

You might think that because of platforms like cars 24, you can now sell your used cars very easily and under 30 to 45 minutes.

However, doing anything like selling cars under such a short time has a lot of risks and these risks and disadvantages can be listed as follows:

  1. Your customer wouldn’t really know about the history of the car, whether the car has been through any major accidents in the past, or has any further components, is there is any drawback of any sort.

You, as a seller, might feel that you can benefit here, but the truth is that you’re not. If you provide a faulty product, your customer might come back to you, asking for a return, or they might even sue you.

  1. If you are going to sell your car off at such a short time, then there is a high chance of missing some part of the paperwork, or not being able to complete the entire documentation process.

This will land you in trouble, perhaps not with the customer but in case of legal issues. Eventually, you might have to face charges as a result of selling a used car without proper documentation.

  1. If you rush to sell off your used car within 30 to 45 minutes, then there is a high chance that your car might be priced at a far lower rate than what you could have gotten, if you waited a little longer.

Although it could be true that you shouldn’t wait when it comes to selling off your used car, yet there should be at least a specific amount of time involved when you are selling your car. Rushing too much might simply lead you to incur a loss in the long run.

Is there any “sell any car” Wikipedia page available to learn?

There is actually a Wikipedia page available, which is as follows:  https://en.wikipedia.org/wiki/Used_car. However, this site only provides general information and nothing that is suited to your individual needs or preferences.

If you seriously want to sell off your used car and are looking for potential buyers, then it is highly recommended, that you visit the official pages of any such car selling platforms, such as https://www.cars24.com/ and go through their entire FAQ section to be able to understand the process that is involved in selling used cars.

Who knows, perhaps you may find useful tips and important information that might help you a lot when selling off your own used car.

How to draft an advertisement to sell a car?

In order to draught an advertisement for selling a car, there are a few steps that you can follow:

Always provide a detailed description of your car– your buyers have a better chance of knowing everything about your car if your advertisement includes as much information as possible about your car. This would clear any confusion that your customers might have. Also, you would not need to answer every individual question separately.

Your advertisement should start off with basic information such as the make, build, and model of your car, the miles driven so far, any detail or information about components that the buyer should know about, and so on.

Mention the price that you want to settle for-After that, you can move on to the price. You can provide the actual price of the car besides the price that you would want to have. Also, mention two reasons as to why you would want a higher or lower price than the actual value. This will help you maintain transparency with your customers and build trust in the long run.

Provide reasons as to why you’re selling the car- your buyers would most definitely wonder and want to know why you are selling the car in the first place. It’s better if you answer this question in your advertisement, as it gives you buyers an idea about your car’s condition from beforehand.

Talk about any added modifications-if you have recently done any servicing or repairing work on your car, then do mention this in your advertisement. If you have added any new features, then there could be a possibility that the buyer would want that additional feature.

However, be very careful as not all of your modifications will add value to your car. If you show too many repair works then that would turn to make customers think twice before buying.

Any information regarding a warranty is a must- if there is any warranty available then do mention it. Since warranty can be transferable, it will actually help attract more buyers.

Since some service centers and manufacturers do not offer warranty services for second-hand owners, the buyers are more likely to be eager about your warranty services.

Mention if you are up for negotiation-if you want to be able to negotiate the price with your customers, then it is better to mention that the price can be negotiable.

Include enough photographs- Last but not least, don’t forget to include pictures. Including photographs will actually allow your buyers to say how your car looks, and whether they like the condition of it. After all, a visual representation is far better than simple words.

Is it possible to sell commercial car online in India?

Unfortunately, selling commercial cars online isn’t possible in India.

Is it possible to sell a damaged car online in India?

Yes. When you are talking about damaged cars, then thereafter the three levels which are: primary levels of damage, secondary levels of damage, and lastly, severe damage.

If you want to sell your damaged car, then depending on the type and the level of accident, the customer will try to understand the condition of your car. It is only possible to sell it successfully when the cost of repairing it would not be more than the total value of the car.

However, if the damages too severe, then the RTO would not issue the fitness certificate, as, without it, your vehicle cannot be driven around.

How to sell a car that doesn’t run?

Selling a car that doesn’t run can actually be a bit tricky. However, if you still want to proceed with it, then there are two simple tips that you can follow:

  1. If the car can be repaired, then you can simply fix it. You might find that after repairing it, you can sell it off at a better price and make a profit out of it.
  2. This is an option where the car is beyond repair. If this is the case, then all you can do is simply place an ad for selling separate parts of your car as scrap materials. You will get a lot of customers who want to buy spare parts at a lower price.

How to sell a car on loan in India?

Selling of a financed car can actually take quite a few days. There are two steps when it comes to selling off a financed car;

  1. If you what your car on a loan, then its registration certificate will also mention that. The first option is to clear of all loans, collect NOC from the particular Bank, and submit the same RTO to get a new registration card.
  2. Another option involves an arrangement where you can create the opportunity for the buyer to pay the price in the bank on behalf of you.

You can now pay the amount that you owe rather easily. Make sure that the loan amount doesn’t exceed the actual price of the car as otherwise, you would have to bear the difference.

 

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