Cred, a leading financial technology platform, has unveiled a new car valuation and resale feature within its ‘Cred garage’ vehicle management service, which allows its members to easily determine their car's value and facilitate its sale, streamlining a traditionally cumbersome process.

The service has been developed in partnership with used car platforms Cars24 and Spinny, which enables new functionality for instant car valuations, free doorstep inspections and swift payments upon sale completion. A key focus of the new feature is privacy, with member information remaining secure and private until they actively opt to proceed with an inspection.

The service aims to provide a convenient and transparent way for members to assess their car's market value without the need to visit multiple dealerships or endure unsolicited sales calls. Whether a member is planning to sell, comparing offers or simply curious about their car's current worth, the feature leverages data from two of India's leading digital resale platforms to provide quick and reliable insights. It also serves as a valuable tool for cross-referencing quotes received from offline dealers, ensuring members secure a fair price for their vehicle.

How it works

Cred members can instantly access their car's estimated value within Cred garage, a feature already used by over 7 million members to manage their vehicles. By answering a few straightforward questions, they receive a detailed valuation.

Should they decide to sell, members can schedule a complimentary home inspection at their convenience. The process is designed to be hassle-free, with no extensive paperwork required from the member. Once the vehicle is inspected and an offer is accepted, the partner platforms manage the entire resale process, including the crucial step of ownership transfer.

Member information is only shared with partners if an inspection is booked. Until then, all data remains securely with Cred, preventing any unsolicited calls or messages from dealers. Additionally, Cred garage will continue to provide members with helpful tips on maintaining their vehicles, potentially enhancing their car's resale value in the future.

Akshay Aedula, Product and Growth at Cred, said, “Cred members already manage their vehicles with discipline – tracking challans, renewing insurance, maintaining compliance. By enabling valuation, inspection and resale, we’re closing the loop: turning responsible ownership into real value by making the final step in vehicle management frictionless, secure and in members’ control. This feature is aimed at creating a car resale premium experience in line with the high-value vehicles that members own and enable them to get better value when they upgrade.”

The expansion of Cred garage builds on its existing suite of services, which includes managing challans, renewing pollution certificates, insurance, and FASTag – all from a single platform. Over the past year, more than 2.4 million members have utilised the service to identify pending challans and 5.3 million have received alerts about expiring pollution certificates. With 37 percent of members managing more than one vehicle, this new feature adds significant value to Cred garage.

Cred members constitute a substantial portion of India’s privately owned vehicle demographic. This new feature aims to make car valuation and resale an organised, efficient and spam-free extension of responsible car ownership.

Gajendra Jangid, Co-Founder and CMO, Cars24, said, “At Cars24, we have rebuilt the car-selling experience from the ground up. What was once a slow and unpredictable process is now instant, transparent and fully online. From pricing to paperwork, every step has been simplified to work without friction. This partnership allows us to extend that experience to more people, in a moment that really matters. If we can help someone close a chapter faster and start the next one with clarity, that is a win we deeply care about.”

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Honda Cars India (HCIL) has introduced the Elevate ADV Edition at prices starting INR 1.529 for the MT single tone edition and INR 1.66 million for the CVT dual tone edition.

The new trim is positioned as the new flagship grade in the popular Honda Elevate SUV line-up. 

The ADV Edition features a number of external upgrades, including a new Alpha-Bold Plus grille with black surround and a hood decal accented with orange highlights. The overall exterior appeal is enhanced by black roof rails, ORVMs (Outside Rear-View Mirrors) and window beltline moulding. Distinctive touches include ADV emblems on the fenders and black alloy wheels with orange accents.

Inside, the cabin features a black interior theme with vibrant orange accent detailing. A standout feature is the ADV Terrain Pattern Backlit Illuminated Instrument Panel Garnish, described as creating a futuristic style. Customers can also opt for a 360degree surround view camera.

The Elevate ADV Edition is powered by the 1.5-L i-VTEC petrol engine, available with a 6-speed manual or a 7-speed CVT automatic transmission with Paddle Shifters.

Safety features include Honda Sensing, the advanced driver-assist system (ADAS), which incorporates Collision Mitigation Braking System, Lane Keep Assist and Adaptive Cruise Control. The vehicle is built with the ACE Body Structure and includes six airbags and a LaneWatch camera.

Kunal Behl, Vice-President, Marketing and Sales, Honda Cars India, said, “The Honda Elevate has received a positive response from customers across the country due to bold looks and highly engaging performance. With the introduction of the Elevate ADV Edition as the top trim, we aim to offer more choices to customers with different preferences. This new model features an even bolder and sharper design, blending style with Honda’s trusted quality and refinement, making it the perfect companion for every journey. We are excited to welcome more customers to experience this exciting new addition.”

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Honda Cars India, a leading passenger vehicle manufacturer, has reported total wholesales of 10,518 units for October 2025.

The company recorded domestic sales of 6,394 units for the month, which marks a 15.3 percent growth as compared to 5,546 units last year.

Honda also exported 4,124 units in October 2025. In comparison, exports in October 2024 stood at 4,534 units. The company noted the strong performance of the Honda Amaze as a key driver of the growth.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “The festive sales and GST 2.0 announcement fuelled robust demand across our line-up of City, Amaze and Elevate during October. The Amaze being the only car under 10 lakh price segment to offer ADAS safety and smooth CVT performance has been strongly appreciated by consumers registering strong sales growth.”

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JSW MG Motor India has reported a decline of 9 percent in it wholesales for October 2025, with sales of 6,397 units, as compared to 7,045 units sold for same period last year.

On the other hand, the company reported a 20 percent YoY increase in wholesales during the August–October 2025 festive period.

The MG SELECT model retained its second position in the luxury electric vehicle (EV) segment, registering an impressive 62 percent MoM growth.

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Hyundai Motor India, one of the leading passenger vehicle manufacturers, has achieved total monthly sales of 69,894 units in October 2025. The volume includes 53,792 units in domestic sales.

The company stated its performance was driven by the domestic market, and it also bolstered its position as a global manufacturing hub, with exports touching 16,102 units, marking an 11 percent YoY growth.

Furthermore, the Hyundai Creta and Venue SUV duo achieved their second-highest-ever combined monthly sales of 30,119 units.

Tarun Garg, Whole-time Director & Chief Operating Officer, Hyundai Motor India, said, “October 2025 was a month driven by the festivals of Dussehra, Dhanteras and Diwali, further complimented by the positive impact of GST 2.0 reforms. This provided a significant boost to the Indian automotive industry. At Hyundai Motor India, we witnessed robust market demand and high consumer enthusiasm leading to second highest monthly sales of our formidable SUV duo – the Hyundai Creta and Venue combined, with 30,119 units sold. We expect to accelerate this momentum with the upcoming launch of all-new Hyundai Venue, which is already open for bookings.”

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