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CARS24 launches vehicle scrapping initiative to monetise certificate of deposit

The Business Guardian

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November 26, 2023

In a move towards a more sustainable automobile landscape, autotech company CARS24 has launched a vehicle scrapping initiative which is set to transform the way India views car scrapping and offers a comprehensive one stop solution for vehicle owners to scrap their cars, monetise their certificate of deposit and simultaneously benefit the environment.

- NIVEDITA MUKHERJEE

Keeping with the mission of Government, CARS24 is all set to educate eligible car owners about vehicle scrapping and simplify the scrapping process for them. With CARS24, a customer can do the entire process within minutes, making it convenient for them to embrace scrapping and its numerous benefits. The company has partnered with registered vehicle scrapping facilities to ensure that vehicles are dismantled and disposed of in an environmentally re- sponsible manner. To make it a more rewarding experience, by scrapping a car with CARS24 customers can easily avail the best scrap value for their cars ranging from ₹30,000 to up to 31 Lakh, depending on the car's scrap value. Additionally, car owners plan

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