Indian Blue Book releases Insights on residual values of major brands in the Luxury car segment
November 24, 2016, Mumbai: Indian Blue Book the industry first pricing and analytic platform for new and pre-owned vehicles in India, today released its study “Residual Value Analysis of Luxury Car Segment”. The Report throws light on this nascent but growing segment of the Indian new car market.
Key Highlights:
The Report is part of a series of insights from the IndianBlueBook. It leverages insights from India’s largest multibrand used car footprint “on the ground” via the Mahindra First Choice Wheels Ltd’s franchise network and significant presence “in the cloud” with a suite of industry leading online properties including but not limited to Indian Blue Book and eDiig platforms. Indian blue book has access to thousands of used car transactions every month across retail and wholesale channels. The company mines this data on a continuous basis to provide customers information that would enable them to make prudent car buying and selling decisions.
Read the complete IBB ‘India Pre-Owned Car Market Report 2016’ on http://bit.ly/2bu1Q6U
The Indian Blue Book is the industry first pricing guide for new and pre-owned vehicle valuation in India. With exclusive access to a large number of car transactions that take place every day through different channels, IBB derives scientific and insightful inferences that lead to vehicle price discovery. Whether you’re buying or selling a vehicle, IBB helps you discover its real worth. Through various transactions on different customer-facing and B2B channels, IBB’s analytical engine logically deduces a pricing index which is then used to derive the benchmark market price of any vehicle.
In essence, IBB is a one-of-a-kind valuation platform based on rigorous research and pure rationality. It is driven by the sheer passion to demystify the data points of a million transactions, thus ensuring that you never overpay or never undersell. IBB offers a wide array of tools such as Total Cost of Ownership and residual value analysis, regularly updated reviews and insights via its blog, and a platform that enables its customers to buy and sell vehicles, thereby serving as a one-stop shop for customers looking to research vehicles.
Source – Indian Blue Book
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