CredR Launches Maha Exchange Mela in Delhi

Kiran Vimala

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 wheelers for patrons from Delhi and get a new Honda vehicle or even purchase an upgraded pre-owned Honda two-wheeler from CredR. These bikes come 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 H“Honda onda 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.”


Adding to it, Mr. Ateet Kumar, Honda Sales Strategy, said, “The two wheeler market is still a very lucrative segment among the youth and we are constantly looking for persuasive ways to engage with those audiences. Getting an authentic quality check of existing two wheelers is often a challenge for consumers and hence we have partnered with CredR since they are reputed in the market for their stringent quality check methods and rating. The ratings also help us assign the right resale value for the vehicle so that the buyer gets the best value. Honda has been synonymous with quality and value for money, and this partnership accentuates our commitment to the market.”


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.


About CredR

CredR is an online marketplace for buying and selling of pre-owned automobiles with easy clicks. It was established in 2015 by Nikhil Jain, Nittin Mittal and Sumit Chhazed, graduates from IIT Bombay. It has been launched with a vision of providing the ‘Ultimate User Experience’. It connects buyers and sellers to ensure genuine, transparent and convenient transactions. CredR's offerings are designed keeping in mind the existing needs as well as the growing needs of the customers. The innovative strategy is that the service is rapid, convenient and importantly reliable.

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