Mahindra First Choice Inaugurates Its 5th AutoKart Refresh In Thane

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Mumbai, October 25, 2021 –AutoKart Refresh, the flagship brand of Mahindra First Choice for quality refurbished vehicles today announced the launch of its 5thstore. Located at Ghodbunder Road, Thane, the newly introduced facility is spread across 20,000sq. ft. and can hold over 150vehiclesat one time. The company launched its first outlet in April this year followed by four more facilities marking its presence in Chennai, Pune, Ahmedabad and Hyderabad. Till now, all four outlets have been selling more than100quality refurbished vehicles every month since launch.

On the inauguration, Mr Ashutosh Pandey, CEO & MD, Mahindra First Choice Wheels Ltd said, “AutoKart Refreshis a unique value proposition that has come into being by a clever amalgamation of our core services like vehicle inspection, procurement, yard solutions, refurbishment, warranty and store sales. We are the only players in this model and we continue to strengthen our dominance. Aligned with our commitment to provide business vehicle buyers with a hassle-free buying and ownership experience, we have introduced the 5th outlet today in Thane, and we aim to introduce a total of 20outlets by FY2022.”

Instituted as an end-to-end provider for quality refurbished vehicles, the Thane facility will be a preferred destination for Mumbai and Thane based business vehicle buyers for quality refurbished cars and Light Commercial Vehicles (LCVs).

Autokart Refresh also provides retail and wholesale finance options for business vehicle buyers to purchase the vehicle with Mahindra First Choice warranty and trust. The brand also offers collateral-free loans for the dealers through their proprietary Loan First program. Additionally, vehicle insurance and hassle-free RTO transfer services are also provided by the company, making it a go-to place to purchase and sell refurbished vehicles

Autokart Refresh enables dealers to run is an asset light model as it has large yards to retain the vehicles until the dealers and brokers find the right buyers for their vehicles.

Mahindra First Choice, the industry leader in the used car segment with 1100+ retail stores in 350+ cities has sold over 2 million cars in the country.

For associating with Mahindra First Choice Wheels, log on to: https://www.mahindrafirstchoice.com/

You can also call 1800-419-4800

About Mahindra First Choice Wheels

Mahindra First Choice Wheels is a dominant player in the Indian used vehicle eco system providing products and services to cater to the needs of retail and wholesale customers utilizing its “on-the ground” and “in-the-cloud” capabilities. The company has raised funding from Silicon Valley based Hedge Fund, Valiant Capital and Cox Automotive, a $17 Billion US based enterprise.

About Mahindra

The Mahindra Group enjoys a leadership position in utility vehicles, information technology, financial services and vacation ownership in India and is the world’s largest tractor company by volume It also enjoys a strong presence in renewable energy, agribusiness, logistics and real estate development. Headquartered in India, Mahindra employs over 2,56,000 people across 100 countries.

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