MotorExchange announces "Mega Deals on Wheels' auction

Leading auto auctioneer MotorExchange has today announced its Mega Deals on Wheels auction event, to be held on the 24th of January in Mumbai. A first of its kind in India, this event stands to change the way that dealers procure inventory for their business.

MotorExchange plans to bring together a large stock of vehicles from diverse sellers, including consumers, dealers and banks, on one spot in Mumbai. Attending dealers can inspect these vehicles at the one-day event and subsequently place their bids for these vehicles in an auction which will be conducted by MotorExchange's auctioneers.

A large number of sellers have already committed their inventory for the event: MotorExchange is sure of at least 250 vehicles at its Mega Deals on Wheels event, including cars, two wheelers and commercial vehicles.

"Traditionally, auction events have focused on specific vehicle inventory, making it interesting for a select group of buyers. Our Mega Deals on Wheels event puts up a wide range of vehicles for auction, creating a unique and important business opportunity for any dealer in West India. Dealers can inspect the vehicles before bidding and they will receive immediate confirmation and delivery of their won vehicles," said Vinay Sanghi, CEO MotorExchange. "After this event in Mumbai, we look forward to conducting several more in the major cities," he added.

A member of the organizing committee added that the event would not just be about auctions, but there would be entertainment and informational activities also. "Mega Deals on Wheels will be a memorable and fun occasion for all attendees. Not only will dealers be able to conduct great business, they will moreover learn about new tools for their business," he said.

The MotorExchange Mega Deals on Wheels Auction will be held on the 24th of January in Chembur, Mumbai. Dealers from all India are invited to join. Participation forms are available on company's website,


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