CARS24 makes pre-owned cars super affordable for UAE Consumers during Ramadan

By Rahul Vaimal, Associate Editor
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CARS24 Mega Refurbishment Lab Image
CARS24’s Mega Refurbishment Lab in Jebel Ali, UAE | Image Courtesy: CARS24

One of the fastest-growing e-commerce platforms for pre-owned cars in the world, CARS24 is making cars more affordable for all income categories in the UAE during the holy month of Ramadan.

UAE consumers can drive home a top-of-the-range car across categories during the holy month by paying up to $5,445 (AED20,000) lesser than the originally listed price. CARS24 will also offer free insurance, free registration, and with all the requisite documents in place, will facilitate finance through leading banks.

Abhinav Gupta
Abhinav Gupta
CEO – Gulf Region

“This is our way to thank our consumers in the UAE and we strongly believe in giving back to society. Consumers in the UAE have bestowed trust in us right from the day that we entered UAE. They were also receptive to our business model which required them to buy cars online from our portal today we have sold close to 5000 cars and 100% of them were sold online. Today we want to thank our customers in the UAE for making us one of the top pre-owned cars platforms in the UAE. We would like to wish all our customers a blessed Ramadan and urge them to avail this unique opportunity where they can buy a car from our platform with such a reduced price point”.

Meticulous Checkups

All vehicles on the CARS24 platform undergo a 150+ point inspection check and are refurbished thoroughly. These cars are also put through a stringent RTA test before being listed online. Every car bought from CARS24 comes with a 7 days return policy and 2 years warranty.

The CARS24 Mega Refurbishment Lab (MRL)

CARS24’s mega refurbishment lab (MRL) in Jebel Ali, UAE will eventually roll out close to 20,000+ cars in a year.

The MRL which will run 24×7 will ensure that each and every vehicle undergoes a stringent 150-point quality check prior to listing the cars on its eCommerce platform. The facility accommodates 70 bays, 5 high-end Italian paint booths, and has the capacity to roll out close to 1500 cars a month.

The 1 million sq. ft. leased facility with a contract value in excess of $11 million, is one of Dubai’s largest-ever leasing deals on record.

With a company value of close to $3.3 billion, CARS24 is revolutionizing the way pre-owned cars are bought in the UAE. Through its next-generation, e-commerce platform for used cars and its new MRL, the company aims to continue its expansion plans in the region.

Founded in 2015 by Mr. Vikram Chopra, Mr. Mehul Agrawal, Mr. Ruchit Agarwal, and Mr. Jangid, Cars24 became a unicorn in 2020 in a $200 million funding round led by DST Global.

Related: Favorable trend seen in online pre-owned car buying among 18-34-year-olds in UAE