India's first ever used cars & bikes price guide on the mobile
December 18, 2008
eBay India Motors, the leading online marketplace for pre-owned vehicles, announced the launch of the innovative eBay PriceBook – India’s first ever used cars & bikes guide for consumers available on mobile. Mr. Ambareesh Murty, Country Manager, eBay India and Mr. Ashish Shah, Head – eBay India Motors today jointly unveiled eBay PriceBook at an event in Mumbai.
Mr. Ashish Shah, Head – eBay India Motors commented, “I am delighted to announce the launch of eBay PriceBook, India’s first consumer friendly used cars & bikes guide, which will empower all potential cars or bikes owners with trusted third party expert price advice at the point of transaction. As pioneers in the online vehicle trade for over six years, eBay Motors is uniquely poised to provide real time prices for cars & bikes and bridge the wide price information asymmetry. The price points on eBay PriceBook are updated regularly based on ongoing transactions on eBay and hence also takes case of any market volatility.”
Industry estimates cite that 50% of all cars and bikes sold in the country are used. eBay PriceBook puts the end consumer in the driver’s seat by providing him or her with up-to-date cars & bikes prices at the point of sale or purchase, giving consumer the confidence and negotiating power while making a decision. eBay PriceBook is derived from the hundreds of thousands of vehicles traded on the eBay Motors marketplace, thus providing trustworthy & real-time prices. Consumers can simply SMS 56070 to get the value of their used cars or bikes on their mobile phone, specific to their city, in a few seconds.
Accessing eBay PriceBook
Send a text SMS to 56070 to get the value of your used cars or bikes on your mobile phones. Just type in the model, year of manufacturing, and your pincode in the format -
EBAY PB <Model> <Model Year> <PinCode>
e.g.
EBAY PB SANTRO 2005 400013
EBAY PB SPLENDOR 2006 110001
Within a few seconds, a SMS will be sent with the updated price of your vehicle in your city.
eBay PriceBook is the only price guide in the country for both two and four wheelers. eBay PriceBook offers comprehensive coverage of most popular cars & bikes models manufactured since 2000, in fair, good and excellent condition and upto variant level. Consumers no longer need to ask their friendly mechanic or network and guess at prices. A simple text SMS to an easy to remember number gets you the price of your vehicle, facilitating a more informed decision process of buying & selling used bikes and cars. eBay Price Book will currently be available for users of Delhi, Mumbai, Bangalore and Chennai.
So, next time you plan to buy or sell your old vehicle, just type 56070 to find the right price of your vehicle.
About eBay India Motors
eBay IndiaMotors is the leading online marketplace for sale of second hand cars, bikes & commercial vehicles in India. It primarily operates a B2B Motors Marketplace (b2bmotors.ebay.in) where corporates, financial institutions, large dealers and fleet owners sell vehicles to automobile dealers across the country. This unique marketplace was founded in 2002 as part of Baazee.com (now eBay India). Over 330 vehicles are auctioned on every day on eBay India Motors and a vehicle sells every 10 minutes.
eBay India Motors hosts online auctions for the sale of vehicles in a transparent and auditable manner on http://b2bmotors.eBay.in eBay India Motors’ strength lies in its dealer base of over 12,000 dealers, who are registered to buy on the platform, across 250 cities. The B2B Motors Marketplace on eBay India, is an independent and neutral platform, which provides a level playing field to all buyers on the platform, thereby eliminating intermediary costs along with a reduction in holding costs and turnaround time.
eBay India Motors has recently launched a B2C and C2C classifieds marketplace on www. eBay.in & a commercial vehicle classifieds (http://motors.ebay.in)
About eBay
Founded in 1995, eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses. On any given day, there are millions of items across thousands of categories for sale on eBay. eBay enables trade on a local, national and international basis with customized sites in markets around the world. Through an array of services, such as its payment solution provider PayPal, eBay is enabling global e-commerce for an ever-growing online community.
eBay is The World's Online Marketplace®.
