Luxury Ride targets 50 new showrooms in India by 2023

New Delhi-headquartered pre-owned, multi-brand luxury car showroom chain Luxury Ride has announced its plans to expand its network across-India. The company is targeting to open 50 new showrooms in India by 2023 and expand its footprints in Tier 2-3 cities.

The multi-brand showroom company says it will open showrooms in Ludhiana, and Gurgaon by the end of this year, followed by Hyderabad, Bangalore, Indore, Ahmedabad, Lucknow, Kolkata, and Pune.

All the showrooms will be a 3S facility that will provide both sales and aftersales services and will have integrated service workshop with the team of trained staff including technicians and other service personnel. Luxury Ride says it is offering vehicle servicing at 1/3rd price starting at Rs 9,999 with contact-less, pick-up and drop facilities for the convenience of its customers.

Commenting on the announcement, Sumit Garg, co-founder and MD, Luxury Ride said “We have an extremely strong consumer base in north India, and with the growing demand for our cars in the pre-owned luxury car market from Tier 2 and Tier 3 cities, we are delighted to expand our network across India. The strategic locations of our showrooms will cater to a larger audience and will strengthen our market presence, for further capturing the market share across India. We are also strengthening our online presence and soon we are launching our mobile application which will offer end-to-end solutions to make things easier for our customers. Our online business has grown from 10-15 percent in April to 50 percent in August and we are hopeful to reach to 70 percent by the end of this year. We have grown from strength to strength and saw 100 percent year- on-year growth.” 

Dhianu Das, co-founder, Luxury Ride said “Our aim is to provide utmost quality and convenience to our customer to enhance their buying experience. Luxury Ride showrooms are ultra-modern, integrated and one-stop-roof offering buying, selling, servicing, detailing, insurance, roadside assistance, for our esteemed customers. Our sales are growing gradually and we expect it to pick up further during the festive season.”

The company says its mobile app will be available on both iOS and Android and will include features like online booking, EMI calculator, comparison sheet, and 360deg video of the car, virtual reality showroom tour, service history and online submission of documents, payment gateway and many more services.