Indian Blue Book: Used Car Price Checking Website

MaxTorque · 30th July 2013, 10:01

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.

9thsphinx · 30th July 2013, 12:10

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.

myashu · 21st August 2013, 05:31

Quote:

Originally Posted by MaxTorque

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...

MaxTorque · 21st August 2013, 10:24

Quote:

Originally Posted by myashu

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)..?

samya · 21st August 2013, 14:47

Dear friends,
Just check on both buy and sell quotes for the same vehicle in the web. check the price difference before you proceed

EagleEye · 21st August 2013, 22:03

Can someone tell me how this is different from other websites like gaadi.com, carwale.com etc. that also have used car prices?

MaxTorque · 22nd August 2013, 07:26

Quote:

Originally Posted by EagleEye

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.

petrolhead_chn · 22nd August 2013, 07:49

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.

raj.barcode · 22nd August 2013, 08:29

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

drmohitg · 22nd August 2013, 08:31

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.

nitinbose · 22nd August 2013, 08:33

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?

Niitn

bhunu AMG · 22nd August 2013, 08:50

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?!?

myashu · 23rd August 2013, 00:27

Quote:

Originally Posted by MaxTorque

Thanks mate. By the way did you check the resale value (as per IBB)..?

Yes it was from 39K to 43K.

myashu · 23rd August 2013, 00:31

Quote:

Originally Posted by bhunu AMG

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...

ashishy · 11th January 2018, 17:13

Haven't seen this on the thread so commenting: Indian Blue Book is created by Mahindra First Choice.

Source: Footer of the website: Copyright © 2018 Mahindra First Choice Wheels Ltd. All rights reserved.

Is this a lead generation website then?
Can the quotes be trusted?

30th July 2013, 10:01	#1
MaxTorque BHPian Join Date: Mar 2012 Location: Sydney, AU Posts: 935 Thanked: 797 Times	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.
	(9) Thanks

30th July 2013, 12:10	#2
9thsphinx Senior - BHPian Join Date: Oct 2008 Location: Ahmedabad Posts: 1,118 Thanked: 542 Times View My Garage	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.
	(2) Thanks

21st August 2013, 14:47	#5
samya Newbie Join Date: Aug 2007 Location: ganzhou Posts: 15 Thanked: 0 Times	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
	() Thanks

21st August 2013, 22:03	#6
EagleEye BHPian Join Date: Aug 2011 Location: Muscat Posts: 378 Thanked: 280 Times	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?
	() Thanks

22nd August 2013, 07:49	#8
petrolhead_chn BHPian Join Date: Apr 2013 Location: Hmmm Posts: 325 Thanked: 154 Times	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.
	() Thanks

22nd August 2013, 08:29	#9
raj.barcode BHPian Join Date: Jun 2008 Location: Bangalore Posts: 706 Thanked: 273 Times View My Garage	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
	() Thanks

22nd August 2013, 08:31	#10
drmohitg Distinguished - BHPian Join Date: Sep 2010 Location: Liverpool/Delhi Posts: 5,439 Thanked: 7,543 Times	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.
	() Thanks

22nd August 2013, 08:33	#11
nitinbose Senior - BHPian Join Date: Feb 2010 Location: Goa Posts: 1,011 Thanked: 718 Times	Re: Indian Blue Book: Used Car Price Checking Website 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? Niitn
	() Thanks

22nd August 2013, 08:50	#12
bhunu AMG BHPian Join Date: Oct 2009 Location: coimbatore Posts: 91 Thanked: 57 Times	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?!?
	() Thanks

11th January 2018, 17:13	#15
ashishy BHPian Join Date: Apr 2009 Location: MH01 Posts: 227 Thanked: 134 Times View My Garage	Re: Indian Blue Book: Used Car Price Checking Website Haven't seen this on the thread so commenting: Indian Blue Book is created by Mahindra First Choice. Source: Footer of the website: Copyright © 2018 Mahindra First Choice Wheels Ltd. All rights reserved. Is this a lead generation website then? Can the quotes be trusted?
	() Thanks