Cars24®: Buy & Sell Used Cars app analytics for August 27

CARS24 – Buy, Sell & Finance Cars Founded in 2015, CARS24 is one of India's leading automotive platforms, helping customers buy, sell and finance pre-owned vehicles, along with a range of vehicle-related services. Buy Quality Used Cars Choose from a wide range of quality pre-owned cars that undergo a comprehensive 300-point quality inspection. Benefits include: • 300-point quality checked cars • Home test drives or visit a nearby CARS24 Hub • 30-day return policy • Exchange and upgrade options • Financing options for eligible customers Sell Your Car Easily Sell your used car in a few simple steps. • Instant online valuation • Free vehicle inspection • Fast payment • RC transfer assistance • Loan closure support • Seller Protection Policy Vehicle Finance Cars24 Financial Services Private Limited facilitates vehicle financing both directly and through regulated lending partners. Vehicle Loans Eligible customers can apply for vehicle loans through the CARS24 App. Features: • Quick eligibility check • Simple application process • Flexible repayment options • Competitive interest rates Personal Loans Personal loans available through the CARS24 App are facilitated by Cars24 Financial Services Private Limited, acting as the Lending Service Provider (LSP), in partnership with EarlySalary Services Private Limited (Brand: Fibe), which is the regulated lending entity. The CARS24 App acts as the Digital Lending App (DLA) for this arrangement. Personal Loan Details Repayment period: 3 months to 60 months Processing fees: Starting from 2% of the loan amount (plus applicable taxes) Maximum APR: Up to 45% per annum Representative Example Loan Amount: ₹5,00,000 Tenure: 36 months Interest Rate: 20% p.a. (Reducing Balance) Processing Fee: 3% + applicable GST (₹17,700) Monthly EMI: ₹18,582 Total Amount Payable: ₹6,68,945 Total Cost of Loan: ₹1,86,645 Effective APR: 21.92% The final loan amount, interest rate, processing fee, APR and repayment terms depend upon the customer's eligibility and the lending partner's credit assessment. Other Financing Arrangements Cars24 Financial Services Private Limited also partners with other regulated financial institutions, for separate financing products and offline co-lending arrangements. Other CARS24 Services The CARS24 App also offers: • FASTag purchase and recharge • Traffic challan payment • RC transfer services • Roadside Assistance (RSA) • Car insurance • GPS tracking • Vehicle scrapping services Download the CARS24 App to buy, sell, finance and manage your vehicle with ease.