Why People Buy Second Hand Cars in India?

October 18, 2013 / by / 0 Comment

The trend of second hand cars in India has picked up in the last few years as car enthusiasts and buyers look out for the right deals that fit their limited budget. On the other hand, many Indian car buyers today want to switch to better cars after every few years and therefore they prefer to buy used cars that they can find at modest prices rather than going for brand new cars that can be an expensive affair. Today, you can find many dealers that specialize in selling used cars that have been checked and well maintained so the car offers the same performance and looks as good as brand new car.

One of the main reasons people in India buy second hand cars is the price factor that allows them to buy cars at half the price of a new car. Many middle class income families today aspire to buy the best cars that they can find and therefore they normally look out for used cars that have been checked and maintained in the right condition. This allows them to get better deals at prices that won’t hurt their limited budget. While buying new cars buyers have to pay extra taxes that second hand buyers do not pay so that also adds to the benefit that used car buyers enjoy. In India, used car market is not really organized and therefore many car owners sell their cars on their own rather than using the right channels. This also offers buyers a chance to negotiate the price and bargain in case the seller has quoted a high price. Many car owners today put their car on sale on the web that can allow potential buyers to contact them and negotiate the right price.

Indian car buyers are always concerned about the mileage that their car provides and therefore they look out for cars that can offer better fuel economy. There are certain old car models that still deliver the same kind of fuel economy which is better than some of the brand new cars. This attracts many buyers to look out for older models that are only available at second hand car dealers. They look out for top brands and models and find them at the right price that fits their budget. Many car enthusiasts that keep track of the performance of the cars available in the market evaluate some of the old models with the new ones before they buy used cars.

second hand cars in India

Car insurance is something that car owners do not really consider seriously and therefore many car buyers do not want to buy high car insurance premiums that cut down their monthly budget. With used cars they have the option to go for the best car insurance deals without paying high premium rates. Some of the old car models do not have powerful engines and therefore they do not offer high top speed. This helps buyers to cut down their expenses and go for low premium car insurance schemes.

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