Used car market is reaching the four wheels to the masses in a better way.
The Indian market is organizing around the buying and selling of used cars. Till recently it was an exclusively small-time auto dealers’ domain. Now you may spot the used car marts and even make-shift bazaars by majors.
Certification of the used cars has got the unscrupulous dealers, who would push some scrap for a vehicle in running-condition, feel that their days are numbered. At least they will have no place in high-turnover big-city auto market. They will have to shift base to the neighboring states.
Car insurance companies are seeing a new market emerging around the used cars. There are now quite a few mega outfits which would insure your vehicle online at the click of a mouse. No paperwork, they say. Car insurance in India will soon come of age and the used car market would get the fillip.
Buying an old car would be like buying a new one, with all the required formalities and assurances in place. The big assurance being that there would be no cheating. There will be warrantees and deals will be transparent vis–vis the age of the components and the suggestions. Hence the price break up and the final tag.
There will be listings about the used cars as the new ones, a car review India kind of a thing or the India’s used auto scenario.
Yes the Indian market is putting its act together to cater to that forsaken yet huge used car market in the non-metro India. Soon we may expect buyers from across the country buying used cars from India. There is already one for stolen vehicles though. Any car lifted from the cities like Delhi end up in Nepal or Burma. Brand new cars are stolen and sold as used cars after changing their registration and paint.
Used car market is reaching the four wheels to the masses in a better way.