Gaadi Mandi

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FAQ

Who should register on Gaadi Mandi ?

Any person who owns a vehicle and intends to sell his vehicle at better price in the market should register themselves in “Gaadi Mandi”.

Any person who is looking for easy purchase of used vehicle for his own consumption should get registered himself in “Gaadi Mandi”. The vehicles posted on Gaadi Mandi is listed after complete checks on the Seller and vehicle documents to provide a good experience to the person purchasing from this platform.

Any professional Used vehicle Dealer should register in “Gaadi Mandi” to post his vehicles available for sale to fetch better price in the market. Gaadi Mandi has huge registered users who visit this site regularly for purchase of used vehicles.

Do I need to register myself to use Gaadi Mandi ?

How do I register myself on Gaadi Mandi ?

Open the Gaadi Mandi website on your computer/laptop/mobile then click on “Log in” icon on the top right corner which will direct you to the registration screen.

There you can see three different options :

>Individual seller

>Professional seller

You need to register under “Create New account” by entering all basic details. As part of the Registration process, the user will be required to fill the below information and upload his KYC documents and bank account details

Name, Mobile No. Location, Email ID and assign a password to login to his account.

The User has to accept the “Terms and Conditions” of Gaadi Mandi to become a registered user.

All information submitted by the User will be verified by the platform and his ID will be activated. The user will be informed of activation of his registered user ID through email/sms on his registered email id/mobile no.

How can I buy a vehicle from Gaadi Mandi ?

First of all the user need to register himself on the website. There are two ways to search the vehicles listed for sale on website -

Search by Category (You can search the vehicle listing based on the Category of vehicle)

Expert search (You can search the vehicle based on - and search the vehicle under Fixed Price or Auction).

It will direct you to offers Page there you can see all the vehicles based on the filter you have applied. You can even specify several criteria at once, or you can initiate search by typing only the “keywords”.

How do I sell my vehicle on Gaadi Mandi ?

If you have registered already, you need to directly click on “Sell” tab from the Home Page. In the “Sell” tab you need to enter all the required details to sell vehicle in the auction portal, once you fill all the relevant details and upload the vehicle photographs / video, documents, put Fixed Price or Auction and fill details till the last tab and click on verify button.

After submission of your vehicle details, the platform will verify all your credentials and vehicle documents and details provided and in case of issue will contact for information correction, else make your offer live on the platform.

There are two price models for posting

a. Fixed Price – The Seller fixes a price for his product for sale.

b. Auction – There will be a start price for auction and minimum increment value. The user can bid an amount above the start price.

How can I modify my vehicle details posted for sale ?

How does Bidding works ?

Once the vehicles posted for Auction, the registered buyer will get an option to submit his “bid”, after depositing a transaction amount.

There will be a start price of auction and increment value per bid. The Buyer cannot bid lower than the start price/reserve price.

After submission of your Bid, your bid position will be displayed. In order to revise your bid, you can submit a price higher than your earlier bid, the increment amount is displayed by which the bid amount can be increased.

After completion of auction, you will be notified through call/email on your registered email id in case you are H1 bidder.

What happens to my transaction amount if I am not H1 bidder ?

How does Price Negotiation works ?

In case you are bidding for buying a vehicle under “Fixed Price” an option to “Negotiate” on your price is provided through the platform. You can quote your offer price which may be less than the Fixed Price shared by Seller.

Your quoted price will be reviewed by the Seller and if the Seller accepts the negotiated price you will be notified by mail/call.

If Seller rejects the amount quoted, you can revise your quote amount.

How to cancel the purchased vehicle?

How do I update my personal details (i.e. Mobile no., Email address etc.,) ?

What is the need for paying transaction amount ?

For any registered user, a transaction amount is required to be paid for bidding on Fixed Price or Auction through the Gaadi Mandi.

This amount is mandatorily to be paid to participate in auctions on the Gaadi Mandi platform.

For registered users who have backed out from payment for purchase of asset, after becoming H1 bidder the transaction amount will be forfeited.

The transaction amount will be refunded in case the user does not want to participate in any future auctions on the platform.

How do the user get to know after the seller confirms on the negotiated price on Fixed Price vehicle ?

If the Seller accepts your negotiated price on a Fixed Price deal, you can see a bell icon on the top right corner – the notification for confirmation will be displayed.

Also you will get notification confirmation through email/sms on your registered email id /mobile no.

Post receipt of notification you are required to pay the negotiated amount with in 48 hrs of receipt of notification.

Why does the vehicles that we list for sale is not displaying in offer page immediately ?

Is loan facility available on Gaadi Mandi for purchase of used vehicle ?

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