Jatin built an INR 250 crore revenue business by selling old cars
Jatin founded Big Boyz Toyz, after he incurred losses in his earlier business. He had founded Magus Cars in 2006. He imported cars to sell in Indian market. He bought old cars from his customers, who bought the imported cars. He could not sell the old cars. So, he decided to start Big Boyz Carz in 2009.
Big Boy Toyz is the largest premium pre-owned car dealer in India which has served to more than twelve thousand customers. It’s been thirteen years since Jatin started BBT. Its revenue for the first year was INR 6 crores. By 2016 it crossed the annual revenue of INR 100 crores. It started with showrooms in Delhi and Gurgaon. Today it is also present in Chennai, Kolkata, Hyderabad and Mumbai.
Jatin Ajuha said in an interview to Business Standard,“We don’t sell all new luxury cars but select models depending on the availability and pass on the benefit of the bulk purchase that we get to our customers. No dealer can match that price offer,” said Ahuja.”
As per NDTV, used car market will be bigger than the new car market. Last year BBT clocked an annual sale of 250 crore; this financial year, BBT plans to expand their annual target to 400 crores by selling 500 cars. Its competitors are brands like Car Dekho, who will be investing INR 200 crores to expand its dealership.
