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Old 18th July 2021, 20:42   #1
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High End Car Broker - Venkatesh (Bangalore)

What I liked:
  • Most car dealers are crooks and dishonest. I recommend Venkatesh.
  • Very professional and purely acts as a broker.
  • All transactions are between owner and buyer.
  • Uses social media.

What I used his services for:
I used him to sell a friends 3GT - that did not work out, but used him to sell an XC90 and he was able to get the target price.

Contact:
He can be contacted on +918861473426

His listings:
https://www.instagram.com/exoticusedcar/

Fees:
Commission is 2% from seller. Not sure what he collects from a buyer!

Last edited by Rehaan : 19th July 2021 at 11:16. Reason: Adding some formatting :)
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Old 19th July 2021, 02:59   #2
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re: High End Car Broker - Venkatesh (Bangalore)

Thanks for the details Ajmat. Is there any website or Facebook page where we can see the vehicle inventory? Can you able to mention the brokerage charges or we need to discuss with the broker directly?
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Old 19th July 2021, 08:33   #3
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re: High End Car Broker - Venkatesh (Bangalore)

Quote:
Originally Posted by nikhil_pon View Post
Is there any website or Facebook page where we can see the vehicle inventory?
Googling for his phone number gives his SM profiles

https://twitter.com/ilivinbangalore
https://www.facebook.com/venkatesh.chitaguppi/
https://www.instagram.com/exoticusedcar/?hl=en

Last edited by RedTerrano : 19th July 2021 at 08:35.
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Old 19th July 2021, 08:43   #4
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re: High End Car Broker - Venkatesh (Bangalore)

Quote:
Originally Posted by nikhil_pon View Post
Thanks for the details Ajmat. Is there any website or Facebook page where we can see the vehicle inventory? Can you able to mention the brokerage charges or we need to discuss with the broker directly?
Hi

I have edited the above with his details
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Old 19th July 2021, 11:41   #5
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Re: High End Car Broker - Venkatesh (Bangalore)

Quote:
Originally Posted by ajmat View Post
[*]Very professional and purely acts as a broker. [*]All transactions are between owner and buyer.
I will take with a pinch of salt, from my own experience with multiple dealers/ brokers, one must be smart himself. There have been guys who have done very fair dealing on multiple occasions but tried to play smart at other times.

I asked this guy some options for a higher end car listed at his insta page, those were sold already. Fair, given the fast movement these days. Then, I asked price for my 2018 LC which has done less than 20K. He offered 1,1 Cr as against market price of Rs 1,45-1,50 and offers me an explanation that I must have paid 1,65 for the new.

As I mentioned elsewhere, we are lacking a good web interface like - https://www.autotrader.ca/ Secondhand dealerships or the pre-owned sections of reputed brands make too much of monies but may work for a first-time buyer as chances of getting something seriously bad are low.

The best way is to find a direct customer or seller, the future is web, or if any of the larger companies like https://www.carmax.com/ opens here too.

Another possibility will be someone like cars24 come up with an IPO like Zomoto and then they can buy & sell the car themselves rather than trading to market brokers like what they do now.

Quote:
Fees:
Commission is 2% from seller. Not sure what he collects from a buyer
Usually 2% from Buyer too, neat earnings, some of the organized new car dealers dont earn this much. Up here in North, it's usually 1+1% (buyer and seller both pays) and occasionally 1% from seller as some time, broker has to pass his margin to the buyer if the deal is struck.

Last edited by Turbanator : 19th July 2021 at 11:47.
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