Second Hand Cars Scenario in India

The kind of lifestyle that we all have adopted today has an imperative space for cars. The luxury has now been transformed into a necessity and various Indians prefer replacing their car every year. This scenario has somehow tremendously contributed in uplifting the second hand cars market in India to a great extent. People generally follow the trend of approaching a dealer or direct individuals for second hand cars in India. But, now this trend is gradually facing modification after the introduction of Automalls in the country. Shriram Automall India Limited (SAMIL) is the first-ever company in India to serve an exciting bidding platform to facilitate the exchange of second hand vehicles. It has spread the reach of its Automalls; pan India, with a mission to serve the most transparent form of deals in the second hand cars segment of Indian automobile industry.

Within in these Automalls, live bidding of second hand cars takes place which further facilitates in better price realisation of the assets. If you wish to acquire or dispose a second hand car, you can also visit www.samil.in.

“A major portion of our youth in India prefers a pre-owned car as their first wheels to ride on. Keeping their lifestyle in mind, we serve a wide variety of used vehicles and equipment in our online bidding events as well.” – 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    

SHRIRAM AUTOMALL TO EMERGE AS A CENTER FOR USED CARS

Indian automobile second hand market is booming as people from all over the world are attracted towards the used cars. With the improved quality of used cars in India and wider selection, greater acceptance for the used cars among the customers is observed.

Pre–owned car dealers are more in demand in this financial year in contrast to the new car dealers. New car sales have witnessed a great dip due to the resilient slowdown of economy. Car buyers in India are extremely price sensitive. Fresh new cars attracts huge amount and empties one pocket. The acquisition cost is also very high as compared to used cars, excise duty and road taxes have increased which in turn makes the used cars a good value for money.

Pre-owned cars purchased from the reliable source is a must, one need to keep in mind to make deals in the used cars segment intelligently as what you get is a used car converted into a new car that is optimized for trouble-free performance and needs minimum maintenance.

The figures are estimated to be 1:1 for every one new car, one pre -owned car is sold.

Used cars have always been in demand and with each year passing by, the future of used cars seems to see no dull moment.

Mr. Sameer Malhotra CEO of Shriram Automall said, “their effort lies in setting the thrust for the owners to dispose off their used cars and at the same time, empowered the small fleet owners to fuel their entrepreneurial ambitions by acquiring the used cars.”