CarDekho Gaadi store opened in Lucknow

CarDekho Gaadi store opened in Lucknow

Lucknow: CarDekho Gaadi store, a retail auction model for pre-owned cars, on Friday entered Uttar Pradesh with a bang by opening two stores in Lucknow and announcing 20-25 stores in Uttar Pradesh by 2020. The opening of these stores is a part of an ambitious move by CarDekho to establish 200 stores across India by 2020. CarDekho already has 39 stores in Delhi-NCR, Bangalore, Pune and Jaipur. After Lucknow, the company is slated to open its store in Agra, Varanasi and Kanpur within next 12 to 18 months time. Since its inception in 2008, the company has steadily built trust with the consumers as a dependable, hassle-free platform to sell pre-owned cars in a more streamlined and transparent manner. Mr Akansh Sinha, co-founder Gaadi.com , here on Friday claimed that Uttar Pradesh particularly Lucknow, is witnessing a surge in car sales, especially of pre-owned cars and CarDekho Gaadi brand is well known for providing a hassle-free vehicle selling experience to customers and offers optimum resale value for their cars. The stores will also help customers with RC transfer, loan closure assistance, instant money transfer, and methodical inspection of cars, he said. "CarDekho began its journey more than a decade ago as an online automobile company. Today we are a trusted auto brand in the country.

The launch of new CarDekho Gaadi stores in Lucknow is under the plan of reaching more closer to our customers as we not only help them in buying / selling cars but also assist them in making the right choice. We help them leverage their access to knowledge & our expertise in all areas relating to purchasing a new car or managing a pre-owned vehicle," Mr Sinha said. He further said ,"With the used car market segment growing in India, it came as an obvious thought for Gaadi to have its offline stores. We are now rapidly increasing our stores to reach customers across the country and provide them ease in selling cars. We already have a well established ecosystem which is enabling us to grow at a faster rate and we plan to continue this momentum to remain the preferred choice for selling used cars in India". According to a study by McKinsey & Company, the used-cars segment will continue to grow in India. By 2021, India is projected to become the third largest market for used cars. Besides, due to the growing focus on the lifespan of cars and stricter norms on emissions and safety, people are wary of purchasing new vehicles. The Society of Indian Automobile Manufacturers (SIAM), in a similar forecast, states that market growth will increasingly be driven by rising penetration of online platforms such as Gaadi, that enable used car dealers to reach larger audiences.

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