With a great demand
generating in , the new cars market has
taken a back seat. Due to more awareness amongst people about every latest
trend in used cars market, this sector of automobile industry is booming at a
fast pace.
The current scenario in automobile industry showcases a
great demand for used cars in India. On comparing them with new cars, graph appears
to shift more towards used cars in India. That is because; people now have more
clarity in terms of used cars market. Today, this business is getting shaped
into a structured format with major players conceptualizing well organised
platforms to carry out their operations.
In India, a major section of the population prefers used
cars over new ones. If we look into a scenario in which a nearly new car is
compared with its same version in absolutely new car category, definitely the choice
will bend towards the used one. This is because; the second hand car is already
loaded with the same features and functions and its price is also less than the
new version. In such a case, a person will always go for the pre-owned version.
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