CRED has introduced a new car valuation and resale feature within CRED Garage, its all-in-one vehicle management platform. Developed in partnership with CARS24 and Spinny, this service allows members to get an instant valuation of their car, book a free doorstep inspection, and complete the sale with instant payment—all while ensuring complete privacy until the member chooses to proceed.
This new offering is designed for CRED’s high-trust member base, making car resale simple, secure, and spam-free. By integrating real-time data from two of India’s leading digital resale platforms, members can now check their vehicle’s market value in seconds, without needing to approach multiple offline dealers or deal with unsolicited sales calls. Whether selling, exploring options, or simply curious, members can use the feature to make informed decisions at their convenience.
Once a member books a free inspection, a partner expert visits their home at a chosen time. There’s no need for paperwork; once the offer is accepted, the entire resale process, including ownership transfer, is handled by the partner.
Data privacy remains a key pillar—member information is only shared after an inspection is scheduled. Until then, all details remain secure with CRED, and no dealer or platform reaches out independently.
Akshay Aedula, product and growth at CRED, said, “CRED members already manage their vehicles with discipline—tracking challans, renewing insurance, maintaining compliance. By enabling valuation, inspection, and resale, we’re closing the loop: turning responsible ownership into real value by making the final step in vehicle management frictionless, secure, and in members’ control. This feature is aimed at creating a car resale premium experience in line with the high-value vehicles that members own, and enable them to get better value when they upgrade.”
Gajendra Jangid, Co-Founder and CMO at CARS24, added, “At CARS24, we have rebuilt the car-selling experience from the ground up. What was once a slow and unpredictable process is now instant, transparent and fully online. From pricing to paperwork, every step has been simplified to work without friction. This partnership allows us to extend that experience to more people, in a moment that really matters. If we can help someone close a chapter faster and start the next one with clarity, that is a win we deeply care about.”
CRED Garage has already helped members manage compliance with over 24 lakh users identifying pending challans and 53 lakh receiving pollution certificate expiry alerts in the past year. With 37% of members managing more than one vehicle, the addition of resale and valuation services further reinforces CRED Garage as a trusted, unified platform for car ownership and lifecycle management.
