[Updated] Vicky.in Launches India’s first Used Bike Valuation Tool
Vicky.in, one of the leading Indian car & bike portal has today announced launch of Indian’s first used bike valuation tool. The new service allows one and all to evaluate the market price of their old two wheeler an a jiffy.
Using the new tool, consumers can avoid getting cheated by brokers and agents, and instead get the right price for their beloved vehicle on two wheels. This is unlike the car industry, where several established outlets give users a fair price on their old vehicles, which are then sold after being refurbished, or taken apart for parts.
Consumers who are looking to get their old two wheeler evaluated need not wait for long. Vicky.in, with its extensive database that covers most models from almost every major two wheeler manufacturer, can supply a complete evaluation within seconds.
All you got to do is fill in a few, admittedly simple details – make, model, mileage and year of manufacturer – of your vehicle, and you’re good to go.
“India has the world’s second largest two wheeler industry”, says Mr.Karthick Annamalai, Co-Founder of Vicky.in. However, it is “yet to have reliable re-sale valuation mechanism. Customers have to fiddle with brokers to know the resale value of their bike.”
This is where Annamalai saw a huge potential market, just waiting to be tapped. Not only is there copious amounts of money to be made, but the bike evaluation tool actually makes the life of second-hand sellers easier by simplifying the process of selling/exchanging/buying a two wheeler in India.
Perhaps the best part about all this is that Vicky.in will provide their new tool free of cost to end customers. Only dealers will have an option for a paid subscription, but not without its own benefits. The subscription gives access to customized plans, which can be tailored to suit a dealer’s needs.
But one thing we did not like about this valuation tool…
The valuation tool not only asks for your name and email address, but also for your mobile number. It was ok, if it was kept optional, however, it is a compulsory to enter your mobile number for getting the results.
That is a pretty big turn off in our view.
Response From Vicky.in: