BANGALORE: GE Countrywide, Maruti Countrywide and Automartindia.com have
entered into an arrangement to offer a certification program for buyers of used
cars. The certification helps the buyer of a used car to understand the
condition of the car and the loan facility he can avail.
Automartindia has specially created a section on its Web site wherein all
certified cars are displayed along with the available loan value of GE
Countrywide/Maruti Countrywide. This provides an online access to the customer
on the certification status of the car as well as the loan available. GE
Countrywide/Maruti Countrywide will be able to leverage its used car price index
to provide a fair and transparent process of getting loans for used cars.
Commenting on the arrangement, GE Countrywide CEO and Maruti Countrywide
director Vishal Dhawan said, "This offer enables customers to easily buy
and sell used cars over the Web. The certification program removes any ambiguity
in the mind of a used car buyer. Our easy finance options, as well as the price
index, will significantly accelerate the growing demand for used cars and help
to develop the used car market."