CredR launches Maha Exchange Mela in Delhi

New Delhi, January 19, 2016: CredR one of India’s leading, most trusted online marketplace for listing and purchasing verified, pre-owned vehicles is organizing a ‘Maha Exchange Mela’ in Dilwalo ki Delhi in partnership with Honda. This Exchange Mela will facilitate easy exchange of any two wheeler for patrons from Delhi and get a new Honda vehicle or even purchase an upgraded pre-owned Honda two-wheeler from CredR. These bikes comes replete with CredR’s proprietary valuation and rating - a quality benchmark for fair evaluation of used bikes.

In this Mela, consumers can get their vehicles for a quality check and as per the algorithm rating, the price for the bike is determined. This algorithm rating  is currently being accepted by and has been approved by manufacturers and financial institutions. The consumer can exchange the used vehicle for a new Honda two wheeler or even opt for a pre-owned Honda two wheeler on CredR. This will be organised in Geeta Colony, Ramleela Ground starting 22nd Jan - 24th Jan 2016.

Talking about this initiative, Asif Ali Khan, Lead New Initiatives CredR said, “Honda and CredR will reach out to customers through this Exchange Mela. This will give customers a unique platform where they can choose from a wide variety of Honda two-wheelers at a fair exchange rate. We want to provide a convenient and hassle free exchange process and complete post sale assurance by giving exchange benefits of upto Rs. 8000 exclusively for Honda exchange customers. Through this exchange fair, we are targeting 500-600 genuine exchange leads. Since Honda is expanding into the pre-owned market at present, we have tied up with a view to give maximum benefits to all customers.”

CredR is known for its best practice of valuation, where the vehicle is evaluated on more than 100+ parameters and then rated basis the algorithm to provide the value price. Its rich analytics and vehicle rating features help buyers and sellers realize the fair prices, minimize hassles, and expedite transactions. It also provides add-on services such as six months warranty and free 1-year roadside assistance. Due to its full-value offerings and unmatched services, CredR has already closed 15,000+ bike transactions on its platform.