On 29th April, we silently launched our most awaited Car Valuation System. However, its in beta phase as of now. We call the tool 'Carwale CarValue'! By saying 'launched silently', I meant to say that we haven't put a link on even homepage of carwale.com. The only link is there at MyCarwale.
This tool tells seller the approximate market value of his/her car while buyer can get approx value of the car he/she intends to buy. This way the Carwale CarValue tool helps both sellers and buyers.
We ask user to provide car's make-model-version, car's make-year and his/her city. As soon as valuation request arrives, our valuators calculate the value of the car. Generally within 24 hours user gets the value. Our valuators calculate 8 values for every car, 4 for individual buyers and 4 for dealers. Each 4 values are against car's conditions i.e. Excellent, Good, Fair and Poor. Terms and conditions for every 'car condition' is described in detail.
First response of the tool has been satisfactory so far. We are receiving on an average 10 valuation requests per day. Yesterday's count was 16!