used mercedes benz, used nissan terrano, used BMW Cars in India

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MOST POPULAR USED CARS IN INDIA
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Car has become the necessity of urban population
in India and buyers are always looking for more
economical option rather than digging a hole in
their account for a brand new car and this is
where the role of used cars come. Used cars
constitute a major part of the car market in
India with a lot of people shifting towards it
due to many economic benefits these cars provide.
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With the growth in income of an average household
the demand for new cars has increased and
everyone is looking for an upgrade to their
existing cars which in turn has increased the
market for the used cars in India. Cars have very
high depreciation value and therefore buyers also
look for used cars which are less than an year
old which gives them a good value for their money.
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Just like the new car market, used cars also can
be divided into small hatchback, sedan, crossover
and luxury segment with the luxury cars having
the highest depreciation value and small
hatchbacks least. Many showrooms( like Maruti
TRUE VALUE) have also come up to help buyers
choose from the certified cars with a guaranteed
warranty and finance options giving the market
exactly what it needed and boosting the
sales. Looking this as the lucrative business
option many e-portals have also come up. Sellers
nowadays first like to compare the value of their
car on such portals before selling it and same
goes for the buyer.
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Manufacturers have seen this as an opportunity
instead of a threat and have converted it very
well as an advantage for themselves. Almost all
the major manufacturers have come up with
additional offers and bonuses on the market price
of the used car if the buyer is ready to buy a
car from them. And now to lure the consumers of
the new cars, manufacturers have also come up
with buy back offers(Smartphones are not the
only thing on buy back now). Mercedes was the
first one to do that and you can get a brand new
car every 3 years and the buyer has to just pay a
monthly instalment according to the car which
they want. Though its an expensive affair but it
has its own perks and a person who loves to
change the cars every few years would love such
kind of a deal.
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Currently the most popular used cars among buyers
in India are HYUNDAI i10 AND SANTRO. Marutis
wagonr is also very popular in the small car
segment and Honda city is the undisputed champion
in the sedan class. With the launch of new models
and better features and performance of the new
cars launched the demand and supply of the used
cars is not going to depreciate any time soon.
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