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CARS24 & Tesla Team Up to Fast-Track India’s Electric Switch with ₹3.25 Lakh Trade-In Boost

Gurugram — In a move that could make saying goodbye to petrol pumps a lot less emotional (and far more rewarding), CARS24 has announced a strategic collaboration with Tesla India to simplify the transition to electric vehicles through an integrated trade-in programme.

As India accelerates toward electric mobility, one of the biggest hurdles for customers has been juggling two separate processes — selling their old car and buying a new EV. This partnership aims to eliminate that double headache by merging both steps into a single, seamless journey. Think of it as a “one-click upgrade” for your driveway.

Under this limited-period programme, customers can avail a generous exchange bonus of ₹3 lakh from Tesla on their petrol or diesel vehicles, along with an additional ₹25,000 bonus from Cars24 upon completing a Tesla purchase. That brings the total benefit to a tempting ₹3.25 lakh — not quite lottery winnings, but certainly enough to make your old ICE car feel slightly… outdated.

The process begins at Tesla Experience Centers, where prospective buyers exploring the Tesla Model Y can initiate their exchange journey. Alternatively, customers can log onto the Cars24 platform — via website or app — to enter vehicle details, receive an instant price estimate, and schedule a doorstep inspection.

Following the inspection, Cars24 provides a transparent quote with zero obligation. If the customer agrees, the platform takes over entirely — from vehicle pickup to direct bank payment and ownership transfer — ensuring a paperwork-free experience. In short, the only thing customers need to do is decide whether they’re ready to go electric.

To further sweeten the deal, Tesla is offering financing options starting with a ₹6 lakh down payment and EMIs from ₹49,000 per month, making the Model Y more accessible to a broader audience. With home charging support and significantly lower running and maintenance costs, the EV proposition is becoming increasingly practical — and harder to ignore.

Gajendra Jangid, Co-founder and CMO of Cars24, emphasized the brand’s customer-first approach, stating that the collaboration extends their mission of simplifying car transactions into the EV space — managing everything from price discovery to payment and ownership transfer.

Backed by Cars24’s digital-first ecosystem and nationwide reach, the partnership is poised to accelerate EV adoption across India. And while the shift from petrol to electric may still come with a hint of nostalgia, this initiative ensures the transition itself is smooth, swift, and — dare we say — almost enjoyable.

After all, if your car can go silent, why shouldn’t the buying process be just as effortless?

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