Maruti Suzuki exports Baleno to New Zealand, Australia, USA    Royal Enfield opens its first dealership in Ireland    BMW developing 6-cylinder 160 PS motorcycle    Vehicle scrapping policy to be announced soon    Mercedes recalls 2008/9 C-Class in India for airbag issue

Used Car Market Unaffected By Slowdown

Total Shares 0

Hyundai i20 vs Maruti Swift Road Test

The Indian car industry is suffering from a major slow down in recent times with sales falling rapidly compared to last year. But the used car market is still going steady and it is not expected to slow down either. The sales of used cars is growing at quite a decent rate and Indians are buying used cars unlike earlier when buying used was a taboo and many problems were associated with them. Now things are looking up with almost 16 percent of all cars bought in India are used with a 10 to 15 percent growth rate.

The quality of used cars has gone up quite a notch and many certified used car dealers have entered the market. The availability of well maintained cars from many reputed and reliable brands too has increased owing to many global players entering the Indian market. The used car companies are getting more organized and quality control is higher. The value for money that used cars offer is undeniable and individuals can get relatively new reliable cars of a higher segment at a very lucrative price.

With the sales of new cars at an all time low, the sourcing of good used cars may prove slightly difficult in the future as not many people are buying new cars despite massive discounts and offers from car manufacturers. The availability of used cars will be slightly tight, but still buyers for them will always be there. Car manufacturers are really pushing their limits to attract customers to their showrooms by offering massive discounts and many other innovative schemes.

Car manufacturers like Tata Motors, Chevrolet, Skoda are giving discounts as high as Rs. 50,000/- to a lakh on their cars. Vehicles above the Rs. 10 lakh mark are getting the highest discounts. This makes it the best time to buy a new car because normally discounts are offered only in the festive October to December period and at this time of the year, all discounts are taken back.

New_Skoda_Superb_Wallpaper

Source – DNA

Comments on this entry are closed.

  • DHruv

    Thank goodness its not an April Fool Joke.

Honda BR-V Video Review

Honda BR-V Video Review


May 2, 2016    Javeid Khan

Honda BR-V Video Review Catch All The Latest Videos, Subscribe To  

Honda CB Hornet 160R Long Term Review – Initial Report

Honda CB Hornet 160R Long Term Review – Initial Report


May 1, 2016    Aman Sancheti

Honda CB Hornet 160R Long Term Review – Initial Report The Honda CB Hornet 160R is a good attempt by Honda to crack the premium commuter space As soon as you talk about the Hornet in front of anyone, they curiously ask that which segment is the bike in. When they hear the reply, the […]

2016 Toyota Innova Crysta Test Drive Review

2016 Toyota Innova Crysta Test Drive Review


April 30, 2016    Faisal Khan

2016 Toyota Innova Crysta Review Car Tested: 2016 Toyota Innova Crysta; Road Test No. 691 Price OTR Mumbai: Rs. 17.13 – 24.41 lakhs The Toyota Innova Crysta has taken a full generation leap ahead and it is very evident Toyota can be credited for kick starting the MPV revolution in India as the Qualis, which […]

2016 Toyota Innova Crysta Video Review

2016 Toyota Innova Crysta Video Review


April 30, 2016    Faisal Khan

2016 Toyota Innova Crysta Video Review Catch All The Latest Videos, Subscribe To   Further Reading – 2016 Toyota Innova Crysta Review