Luxury Ride, a pre-owned luxury car dealership, to open 50 showrooms across India
Since it was founded in 2015, Luxury Ride has been making strides in the pre-owned luxury car segment in India, and has five showrooms providing both sales and service facilities to its customers. The brand now intends to expand to a 50-showroom network across the country to further its reach.
Luxury Ride operates upmarket showrooms in Delhi, Chandigarh, Dehradun and Jaipur, apart from its HQ in Karnal, Haryana. It offers low-cost maintenance of luxury and exotic vehicles, starting at just Rs 9999, which often translates to about one-third the cost at an OEM workshop. Luxury Ride also provides its customers contactless pick-up and drop facilities for the cars it services.
The company also has a fully loaded website and an iOS and Android app from which customers can interact with the cars in 360-degree video and pictures. One of the swankier cars currently listed on their website is a 2012 Lamborghini Gallardo Spyder with 12,000km on the odo, for an asking price of Rs 1.25 crore. Apart from this, you can also extend the warranty of or insure your car at the push of a button using Luxury Ride’s online platforms.
Commenting on the announcement, Sumit Garg, co-founder and MD, Luxury Ride, said “We have an extremely strong consumer base in north India, and with the growing demand for our cars in the pre-owned luxury car market from tier 2 and tier 3 cities, are delighted to expand our network across India. The strategic locations of our showrooms will cater to a larger audience and will strengthen our market presence, for further capturing the market share across India. We are also strengthening our online presence and soon we are launching our mobile application which will offer end-end solutions to make things easier for our customers. Our online business has grown from 10-15 per cent in April to 50 per cent in August and we hope to reach 70 per cent by the end of this year. We have grown from strength to strength and saw 100 per cent year- on-year growth."
This consistent growth in the pre-owned luxury car segment in India has been very positive for enthusiasts as it makes high-end cars more easily available to both see and maybe purchase, since the deals on these websites today are honestly too good to be true. Expect to see showrooms in Hyderabad, Bangalore, Indore, Ahmedabad, Lucknow, Kolkata, and Pune in the next few months.