New Delhi
In a move towards a more sustainable automobile landscape, autotech company CARS24 has launched a vehicle scrapping initiative which is set to transform the way India views car scrapping and offers a comprehensive one stop solution for vehicle owners to scrap their cars, monetise their certificate of deposit and simultaneously benefit the environment.
Keeping with the mission of Government, CARS24 is all set to educate eligible car owners about vehicle scrapping and simplify the scrapping process for them. With CARS24, a customer can do the entire process within minutes, making it convenient for them to embrace scrapping and its numerous benefits. The company has partnered with registered vehicle scrapping facilities to ensure that vehicles are dismantled and disposed of in an environmentally responsible manner. To make it a more rewarding experience, by scrapping a car with CARS24 customers can easily avail the best scrap value for their cars ranging from ₹30,000 to up to ₹1 Lakh, depending on the car’s scrap value. Additionally, car owners planning to purchase a new vehicle, do not have to pay any registration fee and can utilise the certificate of deposit to save up to 25 per cent on road tax, which translates to up to ₹ 50,000 or higher on a brand-new car. CARS24 will enable customers to save up to ₹ 2 lakhs on new cars through this initiative. The certificate of deposit is also a tradable asset which allows a customer, not willing to purchase a new vehicle, the option to sell this certificate for a handsome amount, reaching up to ₹1 lakh. For those looking to buy a new car, they will soon have the option to directly purchase CODs from CARS24. A customer can initiate the process by entering vehicle’s details on the CARS24 platform and complete a brief questionnaire with precision to obtain an exact quotation tailored to the vehicle. A dedicated CARS24 representatives will seamlessly guide the process through the comprehensive online Vahan process and ensure a hassle-free pickup of the vehicle. The payment will be done and the customer receives an exclusive “Certificate of Deposit,” when his vehicle is collected and deposited at RVSF’s advanced facility. The initiative is currently live in Delhi-NCR but CARS24 plans to extend the service across the nation.
According to industry data, scrapping a single vehicle eliminates emissions equivalent to those produced by 11 new vehicles, resulting in a remarkable annual reduction of 3,300 kilograms of harmful emissions. By scrapping a car with CARS24, customers will also make an eco-friendly choice equivalent to planting 1,650 trees, which helps offset 21 kilograms of emissions for a better ecological impact.