CARS24 Goes Global With its Launch in UAE and Australia
CARS24, an e-commerce platform for pre-owned cars is set to disrupt the automobile ecosystem with the launch of its operations in the UAE (United Arab Emirates) and Australian markets. Further, it is said to set up shop in Southeast Asian and Middle East countries this year. Currently, it is providing services across the emirates – Abu Dhabi, Sharjah, Umm Al-Quwain, Dubai, Fujairah, Ras Al Khaimah, Ajman. At Brisbane in Australia and in a short time at Sydney and Melbourne as well.
Vikram Chopra, Co-founder, and CEO of CARS24 quoted, “In the last 6 years, we have worked very hard to revolutionize the way our consumers buy or sell their cars in India. Interestingly, the pain points of used car consumers across the globe remain pervasive. We are sure with our expertise and experience of operating in a diverse market like India, we will be able to cater to the needs of our new customers as well”
He further says, “Our expansion into the markets of UAE, Australia, and Southeast Asia marks a milestone moment in the growth of CARS24 as we introduce a whole new world of cars to our new audiences. CARS24 is well-poised for explosive growth internationally and we will continue to offer our burgeoning roster of offerings to newer markets that have been at the forefront of embracing new technology and innovation”
With the aim of building the largest auto tech platform, CARS24 will continue to expand globally and invest in technology to transform the customer experience in buying and selling cars with the help of its Indian playbook. The company has set aside an investment of about Rs. 730 Crores (Over $100 million) in 2021 for international markets. This investment will help construct the brand in new territories, provide a strong supply of cars to the CARS24 platform and set up state-of-the-art workshops that will help recondition cars and ensure top quality.
Prioritizing on “clicks over bricks” culture, the CARS24 platform provides a wide stock of cars. Their simplified process of purchasing pre-owned cars enables buyers to choose from various segments, brands, and price ranges. It’s as easy as ordering a pizza. All the cars listed on the platform go through a 150+ point inspection check which is followed by a refurbishment process. CARS24 provides a 7-day return policy, 2 years or 40,000 Km warranty, and doorstep delivery. The customers can even reserve the car of their choice through the CARS24 app or visit their website. In the international markets, CARS24 has already sold around 400,000 cars.
“We are delighted to be spearheading the global expansion of CARS24 in the Australian market. Australia is a car-loving nation of consumers who have had no alternative to the traditionally used car buying model – until now. Australians are truly ready to embrace 100% online car buying; and with the support of our founders, we have incredibly high expectations for our growth in this market”, said Olga Rudenko – GM Australia, CARS24 Australia.
Abhinav Gupta, CEO – Gulf, CARS24 quoted, “The growing population, and the fact that most UAE families have an average of two cars, make this market an interesting playground for CARS24. We are here to cater to the needs of car lovers and have invested heavily in technology to ensure that they can buy cars with a click of a button.”
For the best deals on pre-owned cars in UAE, check out: https://www.cars24.com/ae/
For the best deals on pre-owned cars in Australia check out: https://www.cars24.com/au/buy-used-cars-australia/