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Used car platform Spinny enters Mumbai

Written by Nayak

Spinny, one of the emerging pre-owned cars platform has now come up with a hub in Mumbai. The company valued at USD 150 million, believes in making the pre-owned car buying and selling more accessible, delightful and simple. Spinny claims to offer the utmost transparency and integrity to all its customers. Spinny started its operation in India back in 2015 and within 5 years the company grew to take over a significant market share in the pre-owned car market.

Details about Mumbai Outlet

The hub in Mumbai located at Korum Mall, Thane West is set up to serve the entire Western Indian region. Spinny has set a target to sell 2,600 vehicles from the Mumbai showroom in 2021. Currently, there are a total of 13 Spinny car hubs in India including the one in Mumbai. Keeping the pandemic in mind, Spinny is taking all the necessary steps to curb the spread of the virus and flatten the curve. Services like home test drives, home deliveries, a complete contactless experience and online vehicle booking go a long way to ensure safe and hygienic buying experience for the customers.

SellRight – A Simple Selling Experience

This car selling channel of Spinny claims to offer the best price for a used car. The absence of any middlemen does help in increasing the price of the car. Add-ons features like doorstep inspection and instant payment will attract a lot more audience. Spinny mentioned that the price range of 3 lakh to 5 lakh is generating the maximum demand and also confirmed that the hatchbacks, premium hatchbacks and compact sedan body types make up for the maximum of the sales. Once the used car is sold, it remains under the custody of Spinny until a new owner decides to buy it and then the RC is transferred.

The Road Ahead

In a recent announcement, Spinny had confirmed that it witnessed 20% growth in 2020 over 2019. Spinny will look into leveraging the unorganized pre-owned car market with the addition of attractive features like Spinny 360, 200-point inspection, 5-Day Money-Back Guarantee, Fixed Price Assurance and One-Year Warranty. The digitalization trend is pretty much catching up everywhere and soon the pre-owned market will also witness a major overhaul.