Current Trend in the Trade of Pre-Owned Vehicles in India

Around a decade ago, when automobile industry did not incorporate the presence of organised players, most of the used vehicles in India were disposed on a customer to customer basis. In fact, if we take a look at used cars, more than 60% of its sales were conducted within family and friends while the remaining was carried out through unorganised dealers. But now, the scenario has completely transformed. More and more well-structured players have taken a prominent place in the customers’ heart while serving them something which is of true value for their money.

Shriram Automall India Limited (SAMIL) is one such organised bidding platform that not only facilitates the acquisition of used vehicles in India but also plays a substantial role in their disposal. Beginning its journey in 2011, the company has bridged the gap between the buyers and sellers of pre-owned vehicles and equipment that too in the most transparent manner. Moreover, the company has also added various allied services in its portfolio, such as New Look, Parking, Valuation and Easy Finance, which gives it an edge of being a complete solution provider in the pre-owned vehicles’ business.    

“At SAMIL, we aim at consistently upgrading our bidding platforms, including Physical Bidding, Online Bidding, Private Treaty and One Stop Classified, to serve a simply incredible experience in the acquisition and disposal of pre-owned vehicles in India.” – Mr. Sameer Malhotra, CEO of SAMIL.

Online Car Bidding – A Perfect Blend of Comfort and Convenience

The way cars are gaining prominence amongst the masses, the industry is working relentlessly on extracting different yet exciting ways of its acquisition and disposal. Online car bidding is one such method of acquiring and disposing pre-owned cars, which is now quite famous amongst the younger generation of our society. Currently, various companies facilitate online car bidding under their offerings. But, if we are looking at the most organised and transparent form of online car bidding, then Shriram Automall India Limited (SAMIL) is one such company on which we can completely rely on. 

If you wish to acquire or dispose a pre-owned car and do not have the time to visit a dealer, then simply visit http://bids.samil.in and get acquainted to an exciting space online. Once you visit the site, the company will provide free online training. Post that, you just have to make a choice and bid the highest amount on it. Moreover, all this can be done while sitting at home itself. Apart from online car bidding, the company also carries out bidding of other used vehicles and equipment online.

“Online car bidding at SAMIL is a complete value-for-money platform for acquiring and disposing used cars. While targeting the younger section of the society, we have incorporated every element of comfort and convenience in our online bidding events.” – Mr. Sameer Malhotra, CEO of SAMIL    

How to Sell a Used Vehicle in India?

India as a market for pre-owned vehicles is structured on a much unorganised platform. Most of the people buy or sell their used vehicle through roadside small dealers. In such circumstances, there is a huge risk involved in every deal. The moment at present calls for enhancing the arena of organised and well-structured platforms that facilitate trade in the pre-owned vehicles of automobile industry. If we take a look at the disposal of second hand vehicles, it is very important to make use of the right platform to ensure maximum realisation on the asset. Let’s take a look at various platforms through which you can sell out a pre-owned vehicle.

·         Dealership

There are various dealers that facilitate the disposal of used vehicles in India. All you have to do is simply research on the nearest dealer to your home and take your vehicle there. Later on, it is his duty to hunt for the right customer for you. The dealer does charge a commission for the deal, which is a certain percentage of the total amount.

·         Bidding

Bidding is a quite new concept in the trade of used vehicles in India. But over the time, it has gained immense popularity amongst the people who are familiar to it. Companies, like Shriram Automall India Limited, facilitate a wide variety of bidding platforms on which people can acquire or disposed pre-owned vehicles. This bidding is carried out online, in an Automall or through negotiated deals. As an exciting medium, it offers best price realisation on the assets.

If you wish to dispose or sell any of your pre-owned vehicles, then do get in touch with Shriram Automall India Limited (SAMIL). As a pioneer in introducing well-structured bidding platforms for the trade of pre-owned vehicles and equipment, the company has brought a drastic change in the automobile industry.

“SAMIL has a pan India presence through its Automall facilities across the country. The recent launch of our Automall in Delhi is all set to facilitate an exciting bidding experience for the trade of pre-owned vehicles and equipment.” – Mr. SameerMalhotra, CEO of SAMIL    

What to Look Out for While Buying a Pre-Owned Car?

Automobile industry in India is consistently enhancing its dimensions with a boom in the pre-owned cars segment. The last few months have showcased a tremendous growth in the sale of used cars in India. While people shifted their preference from new cars towards used cars, India began to ride on luxury at an affordable price. If we take a look at the trade of second hand cars in India, the sector is built on a quite risky platform with an incorporation of unorganised players to a great extent. In order to strike best deals while purchasing a pre-owned car in India, follow the points given below.

·         While purchasing a used car, make sure you pick the latest option out of the lot. There are various people who dispose their car immediately after few month of purchase. In fact, many sell their car even before its warranty period expires.

·         Do not hesitate and get lazy in carrying out an extensive research on your choice. Do look for any sort of complaint filed against the pre-owned car that you choose. This research can be carried out online as well.

·         Once you are sorted with the research, do not forget to do the physical inspection of the used car. Do check out its condition in order to avoid expenses in future.

·         Service records of a used car also play an important role in arriving at a wise decision. Always look out for a well-maintained service record which actually acts as proof for its better condition.    

If you are hunting for a pre-owned car in India, check out www.samil.in for a wide variety at some amazing prices. Shriram Automall India Limited (SAMIL) facilitates the trade of pre-owned vehicles and equipment through its transparent and well-organised bidding platforms.

“Pre-owned cars segment in India has witnessed a massive growth in the recent past. In quest of setting some incredible benchmarks in this arena, we at SAMIL addressed the growth through our transparent bidding platforms which further lead to building a strong association with the customers.” – Mr. Sameer Malhotra, CEO of SAMIL

Online Car Bidding – A Drive on the Lanes of your Dream

He’s young. He’s energetic. He starts and ends his day with a mobile phone. Instead of real space, he spends most of his day in the world of internet. He loves to travel, but in his own car. Yes, he is ambitious and a dreamer too. He wants his own car but only through his pocket, which is not deep yet. Obviously, he can’t meet the expenses of a new sedan and he’s even not in for a hatchback. So, he goes for a middle option which is a smarter choice as it fulfills his need at the cost of his own pocket only. Yes, he opts for a used car which fits perfectly into his brand and model choice.

His tech-savvy nature gets attracted to a wide-range of options available on the internet. And while he surfs, he lands onto a platform which makes his search even more exciting. As he gets introduced to online car bidding, he simply gets ready for an exhilarating experience ahead.

With the advent of new media online car bidding has become quite prominent amongst the youth section of our society. Being an innovative platform to carry out the trade of cars, online car bidding has earned the trust of millions of people around the globe. The most amazing thing about online car bidding is its ability to facilitate the comfort of buying a car while sitting at your most comfortable couch at home. As a substantial part of internet-driven lifestyle, online car bidding is the best way to buy a car.  

If you fit into the category of a smart trader, visit www.samil.in and take the best of benefits while trading used vehicles and equipment with Shriram Automall India Limited (SAMIL). As a pioneer, SAMIL provides well-structured and transparent bidding platforms, including online bidding, physical bidding, private treaty and one stop classified.

“At SAMIL, we make every possible effort in serving sheer transparency in our deals. While walking towards a self-made destiny, we aim at consistently enhancing the arena of our operations with the introduction of innovative practices.” – Mr. Sameer Malhotra, CEO of SAMIL

How Business Plan Helps in Making a Correct Choice for Used Trucks

The requirement of a used truck is observed mostly with business owners who are into contractual agreement or operators who are seeking an employment through trucking. Every day, various people hunt for pre-owned trucks either online or at dealerships. And their choices are mostly dependent on horse power, makes and models, transmissions and engine type and amenities. While concentrating majorly on these things, people forget about business plan. Basically they fail to identify its importance in making the right choice while buying a used truck. Let’s see how this thing can help in making a wise decision.  

• While preparing a business pan, you always make note of the total number of miles you are going to dedicate to your used truck. This acts as a major point on the basis of which you can make a great decision.
• Depending on the maintenance cost that you calculate for your used truck which will automatically go into your business cost, you can any day make a better choice.
• Based on the monthly income, when you decide on your capability of expenditure, it helps you in determining the price range in which you are going to purchase the used truck.  
• Your future plans play an important role in the success of your business. When you actually plan your upcoming 3 or 5 years, it gives you a brief idea about your requirements.

If you think you are clear about your business plans now and wish to purchase a used truck, get in touch with Shriram Automall India Limited, the only company in India to serve well-structured bidding platforms for the trade of used vehicles and equipment.

“On our transparent bidding platforms, we serve a wide variety of used vehicles and equipment and our services are not just confined to one region as our bidding platforms are spread across India.” – Mr. Sameer Malhotra, CEO of SAMIL

For latest or upcoming news or events, visit us on facebook at : https://www.facebook.com/shriramautomall

It’s times to realise your dream of owning a car

Buying a car was always a dream for me since childhood as I belonged to a middle-class family. I clearly remember those days, when my dad used to travel by bus every day. In fact, I had also travelled with him by bus many a times. While travelling, I always used to prefer window seat and wonder how comfortable journeys would have been for people travelling in a car. Whenever I used to ask my dad about when we were going to purchase a car, his answer always revealed that money was a big constraint which kept us away from purchasing it. But, that desire always remained in my heart. And, now when I aspire to realise that dream, money still remains an issue for us.

This problem was soon sorted when I came to know about Shriram Automall through a friend. I shared my problem with him and he took me to one of the physical bidding locations of company. I was simply amazed to see a wide range of used cars that the company had within the premises of its Automall. And, the best part about acquiring a car from there was transparency that the company maintained in its deals. We all know that buying a used car in India is big risk for people. But, when I saw everything at Shriram Automall, automatically the trust developed. The company also provides loan on used cars through its parent company, STFC. Now, I feel anyone can realise his/her dream of owning a car through this platform without any issue.

Shriram Automall India Limited (SAMIL) has set up various Automalls across the nation in order to serve the wheeling dreams of people. It provides a wide variety of used vehicles and equipment on different bidding platforms, like Physical Bidding, Online Bidding, One Stop Classified and Private Treaty.

“The inception of SAMIL was aimed at realising the dreams of people by providing structured bidding platforms for the trade of pre-owned vehicles and equipment. Today, it feels proud to see several people living happily with their dreams come true through SAMIL.” – Mr. Sameer Malhotra, CEO of SAMIL

Hindustan Motors in talks with global automobile firms for joint venture

Hindustan Motors (HM) recently divested its Chennai plant to an associate company, Hindustan Motors Finance Corporation. HM is now in talks with some global automobile firms for setting up a joint venture in Chennai, The plant is dedicated to the manufacturing of cars under Mitsubishi Motors' licence.

Do's and Don’ts of Purchasing a Pre-Owned Commercial Vehicle

Are you hunting for a used commercial vehicle for your business? Great! That means your business is growing. But in case you are doing it for the first time, then be cautious as it can be a little intimidating thing to do. Do not relate it with buying a car because the considerations that go into the purchase of a used commercial vehicle are quite different. To make things easier for you, here are some dos and don’ts of buying a used commercial vehicle.  

Do's

• Your decision for a purchase must be based on your usage of the vehicle. Depending on that you will decide the category of options that you should explore. In case, you need it for transporting heavy goods, then a used mini truck will not serve the purpose.
• Fuel is one of the most important considerations that you should look for. In case, you are hunting for a bigger commercial vehicle, then remember that it will consume more fuel. If your business can afford that level of consumption then only go for this option. Otherwise, you will end up in a big tension in future.

Don’ts

• Never go unprepared while you visit a dealer to purchase a used commercial vehicle. It is mandatory for you to have all the technical knowledge so that you can make the most appropriate choice.
• Never say ‘Yes’ until you are not sure about the used commercial vehicle. Because that will result in future problems. That’s why, it is necessary to physically inspect the vehicle through a test drive.  

Now, after reading these dos and don’ts, if you wish to purchase a pre-owned commercial vehicle, then do get in touch with Shriram Automall India Limited (SAMIL). As a pioneer in giving structure bidding platforms for the trade of used vehicles and equipment, the company has spread its Automall facilities across the nation.

“At SAMIL, we make consistent efforts in ensuring customer satisfaction through our bidding platforms. We serve a wide range of pre-owned vehicles and equipment with utmost transparency.” – Mr. Sameer Malhotra, CEO of SAMIL.