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Cars24 Unveils Lifetime Warranty for Used Cars Ahead of Planned IPO
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Cars24 Launches India's First Lifetime Warranty for Used Cars Ahead of IPO
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CNBC TV18
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18-02-2026, 12:59
Cars24 Launches India's First Lifetime Warranty for Used Cars Ahead of IPO
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Cars24 introduces India's first Lifetime Warranty for used cars, covering critical powertrain components like engine, transmission, and drivetrain.
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The warranty covers vehicles for up to 12 years from registration or 1.5 lakh kilometers, addressing long-term mechanical risks and repair costs.
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Available only on Cars24-certified vehicles, the program offers cashless repairs at certified workshops and a fully digital claims process.
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Customers must periodically service vehicles at Cars24-certified workshops to maintain coverage.
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The company reported ₹651 crore Adjusted Net Revenue in H1 FY26 and plans an IPO in 6-12 months.
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