Big Boy Toyz (BBT), one of India’s leading pre-owned exotic car companies, today, announced the launch of Cars.co.in (CCI) - India’s first full-stack online platform for buying and selling luxury cars. This move will enable modern-day consumers to purchase a luxury car, much like their groceries, in just a few clicks. The platform offers a vast inventory of luxury cars to help consumers make informed choices from the comfort of their homes.
With its entry into e-commerce, Cars.co.in aims to become the go-to platform for luxury cars. With fast-tracked delivery options, it ensures delivery of cars at the consumer’s doorstep, anywhere in the country. It allows car owners to get the best value for their cars by eliminating the heavy expenses incurred by traditional car dealers. These expenses typically come in the form of big infrastructure costs, interest costs related to inventory, and the risk of holding inventory - eating into more than 50% of the profit made on a single car. By cutting down on these expenses, CCI is able to pass on the price benefit to the car seller.
Commenting on the development, Mr. Jatin Ahuja, Founder & CEO of Big Boy Toyz said, “Since 68% of our buyers book cars online without seeing them, the advent of Cars.co.in is a natural progression for BBT, and I truly believe CCI will be bigger than BBT in no time, becoming India’s go-to platform for pre-owned luxury cars."
Mr. Kunal Maini, CEO of Cars.co.in added, “Cars.co.in is India’s only full-fledged e-commerce platform that supports not just car owners but also used car dealers and OEM car dealerships to sell their used cars."