Used car marketplace - GoZoomo - shuts down. Returns $$$ to investors!

hserus · 29th August 2016, 13:56

Quote:

Originally Posted by GTO

OLX is really killing it in the used car market. When I was looking out, OLX had the widest range of cars. No surprise, that's where I found my latest ride.

The trouble with olx and quikr is the number of shady dealers (the sort who operate out of their houses, buy and resell cars, with a set of blank paperwork carrying the owner's name).

The other problem is a possibility of stolen cars. I kept seeing some alto / santro etc type cars advertised for sale with license plates that claimed they belonged to an innova, when looked up on vahan.nic.in

Add to it the guy who picked up the phone would be like - "do you know [a particular chennai slum], please come there with the cash".

shashanka · 30th August 2016, 07:32

Quote:

Originally Posted by GTO;4044803.......
Just follow our [URL="http://www.team-bhp.com/forum/buying-car/18859-article-how-buy-used-car-in.html"

used car checklist[/url] to the T and you should be okay. I'm on my 5th used car and very happy. Previous pre-worshipped cars were also perfect.

Yes, thanks - I've just downloaded the "how to buy.." check list & intend following it to the T as I screen through the prospects! The Scorpio pre-owned stock in Lucknow is pretty large & I intend using proper caution.

condor · 30th August 2016, 07:42

May they lost traction from the start, with the name itself. "GoZoomo" to me was more indicative of travel, rather than buying a car. With "Zoomcar" being more familiar, the name became less unique. On top of it, their marketing seems non-existant.

recalcitrant · 30th August 2016, 15:56

I know the founders personally. I think they have done a brilliant job in terms of setting a precedent. The industry is fraught with challenges. They tried their best but it didn't work out. What they did after that is what sets them apart in my opinion.

Muski · 30th August 2016, 16:48

I must at this point say that the interface for Gozoomo and myspinny is remarkably similar. Infact the rating system is also exactly the same for used cars.

Is myspinny owned by same founders of gozoomo?

30th August 2016, 07:42	#18
condor Distinguished - BHPian Join Date: Jun 2006 Location: Speed-brkr City Posts: 16,242 Thanked: 16,903 Times View My Garage	Re: Used car marketplace - GoZoomo - shuts down. Returns $$$ to investors! May they lost traction from the start, with the name itself. "GoZoomo" to me was more indicative of travel, rather than buying a car. With "Zoomcar" being more familiar, the name became less unique. On top of it, their marketing seems non-existant.
	(1) Thanks

30th August 2016, 15:56	#19
recalcitrant BHPian Join Date: Aug 2016 Location: Bengaluru Posts: 50 Thanked: 259 Times	I know the founders personally. I think they have done a brilliant job in terms of setting a precedent. The industry is fraught with challenges. They tried their best but it didn't work out. What they did after that is what sets them apart in my opinion.
	(2) Thanks

30th August 2016, 16:48	#20
Muski BHPian Join Date: Jul 2016 Location: New Delhi Posts: 65 Thanked: 296 Times	Re: Used car marketplace - GoZoomo - shuts down. Returns $$$ to investors! I must at this point say that the interface for Gozoomo and myspinny is remarkably similar. Infact the rating system is also exactly the same for used cars. Is myspinny owned by same founders of gozoomo?
	() Thanks