Spinny vs Cars24: Decoding Their Marketing Strategy

Graphic showing Cars24 and Spinny logos with 'Marketing Strategy' and 'VS' text.

The used car scene in India has changed big time over the last decade. What once felt like a gamble with shady deals and endless paperwork is now smoother, smarter, and more reliable. Thanks to platforms like Spinny and Cars24, buying or selling a car feels less like a hassle and more like a well-guided process. Both brands promise transparency, trust, and tech-driven convenience, but they go about it in very different ways. And that’s where the real fun begins. Their strategies demonstrate how effective branding can foster customer trust in ways that even a top branding agency would appreciate.

In this blog, we’re diving into how these two giants approach marketing. We’ll look at where they play it safe, where they take risks, and how lessons from both could inspire even a modern digital marketing agency to rethink its playbook.

Table of Contents:

  1. Brand DNA & Market Positioning
  2. Operational Structure & Business Model
  3. Marketing Strategies That Drive Growth
  4. Financial Snapshot & Market Share
  5. Key Takeaways for Marketers
  6. Conclusion…
  7. Frequently Asked Questions

Brand DNA & Market Positioning

Spinny

 Spinny’s logo

Founded in 2015, Spinny has quickly grown into a leading full-stack used car retailer in India. Unlike traditional classifieds or marketplaces, Spinny takes complete ownership of the process, from buying and refurbishing cars to selling them directly to customers. Every car goes through a 200-point inspection, gets certified and comes with added benefits like a no-questions-asked return policy and transparent pricing. Spinny’s DNA is built on one word: trust. It’s ideal for those who value peace of mind. With its consistent branding, tech-driven processes and customer-first approach, Spinny often feels like the “Apple Store” of used cars; curated, premium, and experience-led.

Cars24

Cars24’s logo

Also launched in 2015, Cars24 started with a sharp focus: helping car owners sell their vehicles quickly by connecting them with a vast network of verified dealers. The platform simplified what was once a stressful process, offering instant quotes and free inspections. Over time, Cars24 expanded into car buying, financing, and insurance.

Unlike Spinny, which controls the entire chain, Cars24 operates more like a marketplace aggregator, making it possible for users to get the best deal by tapping into scale. Think of it as the “Amazon” of used cars; fast, wide-reaching, and transaction-focused. Cars24 has also made headlines with its aggressive digital marketing, celebrity endorsements, and international expansion.

The Contrast

Both platforms aim to simplify the used car ecosystem, but their DNA is different. Spinny leans toward creating a premium, customer-first retail experience, while Cars24 focuses on speed, convenience, and scale for sellers and buyers alike. Spinny is the family anchor, the brand you trust to get it right. Cars24 is the speed demon, the brand you go to when you need it done now.

Operational Structure & Business Model

Spinny’s Model

Spinny operates on a full-stack approach, meaning it controls the entire journey, from sourcing and refurbishing to certifying and selling. It buys cars directly from sellers, owns the inventory, and resells to buyers. This gives Spinny control over pricing and the customer experience, allowing it to build trust with features like a 200+ point quality check, warranties, and a return policy. Its revenue comes from margins on car sales, financing solutions, and value-added services.

Spinny’s operational structure is a “phygital” model. Customers can browse and book cars online, but also visit Spinny Car Hubs for test drives and handovers. This structure is designed to maximise trust and brand experience, making Spinny more like a retailer with both online and offline touchpoints.

Cars24’s Model

Cars24 started as an auction-based marketplace where sellers list cars and dealers bid in real-time. It functions more as a transaction facilitator than a retailer; it doesn’t usually own inventory. Its revenue comes from dealer commissions, transaction fees, and value-added services like loans and insurance.

Cars24 runs a decentralised, tech-driven marketplace model. It relies heavily on AI-driven pricing algorithms and online auction platforms to match supply and demand. This decentralised setup allows for rapid scaling across geographies without needing heavy infrastructure investment. The model prioritises speed and efficiency over control, making it more suitable for sellers who want quick liquidity.

Marketing Strategies That Drive Growth

Both Spinny and Cars24 use a balanced media mix, but the way they use it tells the real story.

Spinny’s Approach: Emotional Connection

Spinny’s marketing is deeply rooted in purpose-driven narratives. It blends product features with emotional value, positioning Spinny vehicles as a responsible choice for Indian families.

  • Emotional Storytelling: Campaigns like “Khushiyon Ki long drive” tap into family memories and trust, reinforcing the brand’s commitment to reliability.
  • Influencer Tie-ins: Collaborations with cricketers like Sachin Tendulkar, Yuvraj Singh, and Anil Kumble lend a sense of credibility and nostalgia, appealing to a broad, family-oriented audience.
  • High-Visibility Branding: IPL sponsorships provide massive reach and brand association with a beloved national sport.
  • Content Marketing: The brand invests in SEO-rich content like blogs and car guides to educate buyers, building authority and trust.

God Promise Campaign: Redefining Trust

Spinny’s 2025 “God Promise” campaign, launched during the IPL season and starring Sachin Tendulkar, was created to elevate the brand’s reputation for sincerity and reliability. The advertising is visually understated; short, dialogue-free films show Tendulkar in everyday settings, with on-screen messaging that quietly highlights Spinny’s commitments.

sachin-spinny

The campaign ran on TV, digital, radio, billboards, and even on public transport across major metros, making the message highly visible wherever people make decisions about buying or selling cars.

Cars24’s Approach: Speed and Aspiration

Cars24’s marketing leans heavily into speed, resilience, and convenience. Its campaigns often celebrate efficiency and the spirit of a hassle-free transaction.

  • Meme Marketing: Campaigns like #DuniyaBoliLagayegi on Twitter created viral engagement by tapping into user-generated content and humour, making the brand feel modern and fast-paced.
  • Micro-influencers: Regional creators drive hyperlocal trust and reach, connecting with diverse audiences across India.
  • Moment Marketing: Topical social media posts and interactive games keep the brand top-of-mind and engage a younger, digitally native audience.
  • Celebrity Endorsements: Roping in a superstar like MS Dhoni gives the brand a strong, reliable face and reinforces its market leader status.

Financial Snapshot & Market Share

Spinny and Cars24 are a testament to the fact that two different approaches can lead to massive growth. In FY24, Cars24’s revenue from operations surged by 25% to ₹6,917 crore in FY24. while Spinny’s revenue was ₹3,725 crore, with 84,000 cars sold. Both brands have seen significant revenue growth, with Cars24 claiming an 18-20% growth rate and Spinny reporting a 14.3% jump. While Cars24 boasts a high inventory turnover, claiming one car is sold every four minutes, Spinny’s model of direct-to-customer sales also results in steady growth and a higher average transaction value. Spinny also reported a 28% reduction in losses YoY, while Cars24 has yet to achieve consistent profitability.

Both brands are also smart with their marketing spend. While Cars24 spends more, around ₹300 crore, its focus on performance ads and celebrity endorsements gives it an aggressive edge. Spinny, on the other hand, spent around ₹220 crore and leverages emotional storytelling to build long-term brand equity.

Metric Spinny (FY 24 – 24) Cars 24 (FY 24 – 25)
Annual Revenue 3,725 crore 7,000 crore (estimated)
Cars Sold 84,000 units 2 lakh units
Avg Monthly Sales 7,000 cars 15000 cars
Revenue Growth Rate +14.3% +18 – 20 % (estimated)
Loss reduction 28% YoY Not consistently profitable
Inventory turnover Moderate (D2C model) High ( claims 1 car sold every 4 mins)

Marketing Spend & ROI

Metric Spinny Cars24
Marketing Spend ₹220 crore ₹300 crore
Key Campaigns “Go Far For Your Squad” (IPL 2023) “MRL Check Wali He Lena Yaar”
Celebrity Endorsements Sachin Tendulkar, Yuvraj Singh, Anil Kumble Mahendra Singh Dhoni
Primary Channels Website & mobile app, centers & hubs, digital marketing & social media Multi-channel approach: online & offline platforms
Digital Sales 72% of total sales 80% of transactions initiated online
Marketing ROI 1.18 cost per 1 rupee revenue CAC lower than dealerships; LTV boosted by financing

Engagement Metrics & Audience Behaviour

Metric Spinny Cars24
Youtube Views 87M on #khushiyon ki long drive YT video 103M on #duniya boli lagayegi YT video
Insta Engagement Rate 32% (Spinny Park reels) 4.1% (UGC + meme reels)
Content Strategy Aspirational, trust-building Utility-driven, meme-heavy, fast-paced
NPS (Net Promoter Score) 65 (industry leading) 70+ (claimed)

Key Takeaways for Marketers

  1. Play to your DNA: Spinny leans on trust and dependability, while Cars24 thrives on speed and scale. Both prove that knowing who you are and sticking to it is more powerful than trying to be everything to everyone.
  2. Segment with precision: Spinny serves a broad audience seeking peace of mind, from first-time buyers to those upgrading, while Cars24 narrows in on lifestyle-led segments that value speed and convenience. Clear segmentation helps each brand speak the right language.
  3. Own your storytelling lane: Spinny’s emotionally anchored campaigns make you feel safe and progressive. Cars24’s fast-paced, utility-driven content makes you feel like you’re getting the best deal. Consistency in storytelling builds brand personality over time.
  4. Balance tradition with innovation: Both brands combine high-visibility traditional methods, such as TV ads and IPL sponsorships, with influencer collaborations and community-driven social campaigns. The sweet spot is knowing when to lean on credibility and when to chase cultural relevance.

Even a branding agency in Ahmedabad can borrow insights from these strategies—whether it’s Spinny’s emotional storytelling or Cars24’s viral moment marketing.

Conclusion…

Both Spinny and Cars24 have carved distinct identities in India’s used car market. While Spinny positions itself as a value-driven, trust-led brand with a stronghold in the direct-to-customer retail experience, Cars24 focuses on speed, scale, and a marketplace-first approach. Their marketing strategies highlight different strengths: Spinny’s emotional appeal and sustainability focus versus Cars24’s aggressive, aspirational branding.

For businesses aiming to achieve such brand clarity and market presence, partnering with the right digital marketing or branding agency can make all the difference. At Flora Fountain, we help brands craft strategies that resonate with their audience, stand out from competitors, and drive real results.

FAQs

Cars24 is generally faster and offers a quick transaction, while Spinny’s process takes longer but offers more assurance.

Yes, Spinny’s model is built on trust, as it inspects cars, offers warranties, and provides a 5-day money-back guarantee.

Yes, while Cars24 is primarily known for helping people sell cars, it also has a significant inventory for buyers and offers financing options.

Spinny makes money through sales margins, financing, and after-sales services. Cars24 makes money from commissions, transaction fees, and value-added services like loans and insurance.

Based on recent reports, Cars24 has a larger market share in terms of transaction volume, while Spinny focuses on a curated, high-value segment.

Vasim Samadji is a partner at Flora Fountain, where he leads the Business and Marketing Strategy divisions. In a world where everyone is used to sugarcoating, his directness is often considered rude. But that shouldn't be a problem if you like the no-nonsense approach. Because he is a seasoned professional...

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