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Old 30th July 2013, 10:01   #1
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Default Indian Blue Book: Used Car Price Checking Website

Today I came across this website (Indian Blue Book) which is in beta stage. According to the details available, the website is expected to serve used car buyers/sellers, dealers, insurance companies, auto manufacturers to estimate the actual value of the car. (There are many product offerings) As everyone aware, Indian used car market is still far away from mature stage and it may take few more years.

Have any one used their service? Who is the team behind this venture? more details are highly appreciated.
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Old 30th July 2013, 12:10   #2
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Default re: Indian Blue Book: Used Car Price Checking Website

I think it's loosely based on Kelly Blue Book (kbb.com)

I wonder why though the Indian site is paid. If these guys can successfully replicate the KBB model, I am sure they would find users that are willing to spend on yearly packages.

KBB has always been FTU for everyone.
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Old 21st August 2013, 05:31   #3
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Default Re: Indian Blue Book: Used Car Price Checking Website

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Originally Posted by MaxTorque View Post
Today I came across this website (Indian Blue Book) which is in beta stage. According to the details available, the website is expected to serve used car buyers/sellers, dealers, insurance companies, auto manufacturers to estimate the actual value of the car. (There are many product offerings) As everyone aware, Indian used car market is still far away from mature stage and it may take few more years.

Have any one used their service? Who is the team behind this venture? more details are highly appreciated.
Never knew of a Indian Blue Book untill I saw this post. Thanks for letting know about this. I am confused on the resale value of our 1996 Zen and checking for a standard to price the same. Thanks again...
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Old 21st August 2013, 10:24   #4
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I am confused on the resale value of our 1996 Zen and checking for a standard to price the same. Thanks again...
Thanks mate. By the way did you check the resale value (as per IBB)..?
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Old 21st August 2013, 14:47   #5
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Default Re: Indian Blue Book: Used Car Price Checking Website

Dear friends,
Just check on both buy and sell quotes for the same vehicle in the web. check the price difference before you proceed
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Old 21st August 2013, 22:03   #6
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Default Re: Indian Blue Book: Used Car Price Checking Website

Can someone tell me how this is different from other websites like gaadi.com, carwale.com etc. that also have used car prices?
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Old 22nd August 2013, 07:26   #7
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Default Re: Indian Blue Book: Used Car Price Checking Website

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Can someone tell me how this is different from other websites like gaadi.com, carwale.com etc. that also have used car prices?
I am not very sure but I think the websites you have mentioned are calculating the valuation of a used car from the listings on their website. But IBB does not have classifieds section so their valuation could be gathering data from offline sources. Probably by surveying used car dealers. In my opinion the second one will give more accurate price as it depends upon the actual transaction.

By the way I am not associated with any of the websites mentioned above.
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Old 22nd August 2013, 07:49   #8
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Default Re: Indian Blue Book: Used Car Price Checking Website

The website seems good. It could come in handy. I checked the price of my car and it shows different prices. I guess the site is more specific to sellers rather than buyers.
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Old 22nd August 2013, 08:29   #9
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Checked for a couple of cars but it is far away from reality, they need to update themselves properly, right now it is not very useful
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Old 22nd August 2013, 08:31   #10
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Default Re: Indian Blue Book: Used Car Price Checking Website

I found the pricing weird. It quoted 4.5L for my April 2012, Nissan Sunny diesel XLD with odo @ 12k kms. The OTR price was 9.2L.
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Old 22nd August 2013, 08:33   #11
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I found it weird. The selling price I could get is the value in 7 years to come! Is this the way its supposed to be?

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Old 22nd August 2013, 08:50   #12
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When I check the rates in IBB for my 2010 linea emotion pack: I got a sell quote for 4.8lakhs to 5.05lakhs but when changed the quote for buy
it showed 5.3 to 5.5lakhs.
Is this suppose to happen or is the site gives the minimum sell rate n maximum buy rate?!?
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Old 23rd August 2013, 00:27   #13
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Default Re: Indian Blue Book: Used Car Price Checking Website

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Thanks mate. By the way did you check the resale value (as per IBB)..?
Yes it was from 39K to 43K.
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Old 23rd August 2013, 00:31   #14
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Default Re: Indian Blue Book: Used Car Price Checking Website

Quote:
Originally Posted by bhunu AMG View Post
When I check the rates in IBB for my 2010 linea emotion pack: I got a sell quote for 4.8lakhs to 5.05lakhs but when changed the quote for buy
it showed 5.3 to 5.5lakhs.
Is this suppose to happen or is the site gives the minimum sell rate n maximum buy rate?!?
Yes Bhanu,
That is how the buy/sell rates work. Buying rates are always more than selling rates. And the selling rate to a private party is more than selling to a dealer. Again buying is cheaper form the private party compared to the dealer. So it works both ways for the private parties than approaching the dealer. Hence these websites would accomodate changes like this, and it mismatches all times...
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