Time for Used Car Safety Tips

Here Come’s the Monsoon!

We all stand in the mid of 2014 and monsoons are soon expected to drench the roads. With those tiny droplets of water, the entire city is going to experience the most amazing phase of the year. But, what about the wheels on road! Well, it’s time for them to tighten their grip and hold onto the road as they might witness a slippery phase of their life.

The onset of a monsoon season is quite an alarming period for used cars, especially. A need for their repair mostly arises during this phase only. So, here are some safety tips for used cars during monsoon.

·         Before you take your used car out for a drive in rain, make sure its tyres, wipers and brakes are working properly. Good visibility in rain is possible only through good quality wipers, which are often neglected by people. Get them repaired even in the slightest of doubt.

·          Next, check the tyres of your used car. They should neither be over inflated not under inflated.

·         Always carry a safety tool kit in your used car. It must incorporate a first-aid, torches, umbrella, basic medicines, etc.   

If your used car demands some repair, then do not forget to visit the nearest Automall of Shriram Automall India Limited (SAMIL). Get your car refurbished and take it on a long drive in rain.

“As a complete solution provider, we at SAMIL provide a plethora of services related to used vehicles and equipment under a single roof. Our refurbishment services are an initiative towards giving a new life to the vehicles in order to enhance their market value.” – Mr. Sameer Malhotra, CEO of SAMIL

Looking for a Used Car?

Check This Out!

No matter, how deep we dig into the pre-owned space of our automobile industry, there are still certain areas which showcase absolute unorganisation. However, there are major players in this segment of the industry which offer complete security and transparency in the purchase of second hand cars. These companies make customers enjoy the option of choice in the purchase of used cars.

Shriram Automall India Limited (SAMIL) is a one-of-its-kind facility, which facilitates the most exciting way of acquiring and disposing pre-owned cars. SAMIL had recently begun its journey in 2011 and today, India boasts it’s Automalls with this company and its innovative approach towards the business. It is the first-ever company in India to introduce the concept of physical bidding. Its Automalls spread across the country carry out real time bidding of not just used cars but also other pre-owned vehicles and equipment. Apart from this, it also has online bidding, private treaty and one stop classifieds, which together along with physical bidding form a strong base for the company.    

If you wish to acquire or dispose a pre-owned car, then SAMIL is the perfect option for a completely transparent and safe deal.

“Used cars form a substantial base for Indian automobile industry. Till now, most of the Indians prefer their first car to be a second hand car. Through this initiative, we take an initiative towards realizing their first-ever wheeling dream.” – Mr. Sameer Malhotra, CEO of SAMIL

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.

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

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

Used cars showcase stronger growth in current fiscal

The pre-owned segment of cars is expected to showcase a growth by 15-18% in this financial year. Within this segment, the organised sector is witnessing a growth by 40% annually. At present, 15% of transactions take place in the organised sector of pre-owned cars; rest of the transactions takes place in unorganised market.  

The next five years in automobile industry are going to observe double size for used cars market in comparison to the new cars. And, that means the pre-owned segment of cars will carry out a sale of 5 million units per annum by 2019/2020.

Reasons for growth
•  A strong growth of around 14% from 2007-08 to 2011-12 in new car segment, which further lead to huge used cars’ inventory
•  Change in consumer behaviour with reference to vehicle ownership. The duration of 5-8 years before replacement has gone down to 3-4 years.
•  Decrease in the difference between diesel and petrol prices has enhanced demand for pre-owned diesel vehicles.
•  A low population of pre-owned diesel cars

At present, around 2.5 million pre-owned vehicles are disposed in a year which takes the value of industry to over Rs. 40,000 crores.

Steps of Searching Used Cars in India

In search of the most appropriate used car in India, it is necessary define a good start for its process. Like it is said, well begun is half done; a great beginning will always yield excellent results in the end. It will not only save your time but also help you in spending very apt amount on the used car, purchased. Here are 3 simple steps that will make your search of a used car in India absolutely easy and convenient.

·         Visit World Wide Web

Instead of roaming around from one dealer to another, you can check out a wide variety of used cars in India online. This is the most easy and quick way of searching a pre-owned car in India.

·         Be ready with your questions

Before you get in touch with any dealer for a second hand car, make sure that you are ready with all the questions that will help you in arriving at a better decision. Decide in advance, which car you want to purchase and what all specifications you want in it.  

·         Make Choice

Once you have answers to your question, choose one or two options as per your requirement. Do not forget to check everything before making a purchase. This will help you in staying away with further expenses in case of a problematic car. Never rely on the information received on telephone or internet. It may not be always correct. Do visit the location and check the used car in person. In case, you do not have technical knowledge, you can take the help of some technical person also.   

Shriram Automall India Limited offers a wide variety of used cars in India. On its various bidding platforms, it connects buyers and sellers in the trade of pre-owned vehicles and equipment.

“While facilitating the trade of pre-owned cars in India, we aspire to realise every dream of our customers. With sheer transparency in our offerings, the objective is to share the most committed services in automobile industry.” – Mr. Sameer Malhotra, CEO of SAMIL

An Insight into Used Cars in India

How many cars on roads are new cars? Well, the question is tricky but the answer is very simple. Almost 100% cars on Indian roads are used cars. That’s because, once a car is driven off from the dealership store, it loses its value. Keeping the market scenario into consideration, used cars in India have won the race over new cars. There are various advantages in going for pre-owned cars. That’s why I prefer them over new ones. Let me share some tips on the purchase of used cars in India with reference to my recent experience in the same.

• Decide your budget

Once you have made up your mind to purchase a used car, decide your budget. In case of buying a pre-owned car, it is not necessary that you need money for just purchasing it. There are chances that you may have to spend some extra amount on its repairs. So, include such expenses in your budget.  

• Market Research

After getting sorted with the budget, do a research on what all options are available in the market for used cars. You can also get associated with some companies that offers used vehicles. For my second hand car, I got associated with Shriram Automall India Limited. It was an extremely satisfying experience in every aspect.

• Check condition and price

While selecting your second hand car, make sure that it is in an apt condition to ride on roads. Also, check its price as per the market trend. Do not arrive at a decision before being sure about every aspect, so that you don’t regret in future.

Shriram Automall India Limited facilitates a wide variety of used vehicles, including cars as well. Along with world-class services, it provides best prices in used vehicles.  

   

“Through our Auto venture, we serve a huge variety in some of the best brands in cars segment. In our every association with customers, we aim at realising their each dream with utmost passion.” – Mr. Sameer Malhotra, CEO of SAMIL

Used Cars in India –Booming Incredibly

Catering to the remarkable growth of used cars in India, Shriram Automall India Limited serves the most transparent and effective bidding platforms to facilitate their trade.Various manufacturers and their dealers have built a strong association with the company to dispose their used cars in India. Visit www.samil.in for more information about it.

The market of used cars in India is facing a remarkable growth in comparison to the new ones. And, this trend is aptly justified by a lower sales figure for new cars along with higher discount rates. In such a scenario, government makes its contribution towards demand generation by cutting down excise duty. But if we look at the state of used cars in India, the market is booming at a significant pace.

While discovering an opportunity in the same segment, Shriram Automall India Limited (SAMIL) facilitates the trade of used cars in India. Through its transparent and organised bidding platforms, including Physical Bidding, Online Bidding, Private Treaty and One Stop Classified, SAMIL brings the buyers and sellers together from around the country. Its recent initiative, Auto, is exclusively dedicated to used cars in India. Various manufacturers and their dealers, like TATA, GM, TOYOTA, have been associated with the company to dispose their exchanged, trade-in cars, unregistered, demo and display cars. While taking these associations further, SAMIL has conducted several physical bidding events in different locations, such as Mysore, Mangalore, Bengaluru, Delhi, Hubli, Coimbatore, Tamil Nadu, Calicut, Vijayawada, Raipur and Nagpur. The success ratio of these events is justified by its aggressive marketing strategies that go into the execution process. Through innovative promotional activities, it attracts a wide range of audience in its events. Keeping the aspirations of target audience in mind, every communication is designed effectively to mainly attract the end-users of used cars in India. By scheduling these exclusive events only on the weekends, the company enhances the footfall to a great extent. As a result, its every event becomes immensely prominent amongst potential buyers.

Apart from physical bidding, SAMIL ensures maximum certainty of sales through its other bidding platforms. While offering a wide range of pre-owned vehicles and equipment, SAMIL’s bidding platforms have been adopted by almost every brand in the automobile industry. The online bidding platform of SAMIL serves as the most easy and instant platform in terms of market reach. With every minor detail about inventories available, this platform helps masses in striking the most-suited deal for them. Through its private treaty platform, SAMIL bridges the gap between buyers and sellers in terms of negotiations. Its one stop classified is a virtual platform with exhaustive information on available inventories. Through a user-friendly interface, this platform scores high in terms of usage.

Ruling the aspirations of youth, cars will continue to be a substantial part of automobile industry. To maintain status, youth always go for the premium brands in automobile industry. But these desires lose all hopes when money comes into the picture.

This scenario has contributed immensely in grasping demand for used cars in India from that segment of the society and SAMIL is going to serve that demand with its growing steps towards pre-owned cars market in India.

On the grounds of fairness and transparency, it boasts of more than 100 bidding locations inclusive of 31 well-structured Automalls and aims at 60 Automalls in 2014. Sameer Malhotra.

Used cars market booming in India

With used cars in India winning the race over new cars, India is gradually catching up with the world around. In case of new cars, the sales figures always showcase a lower trend with discounts at high rates which further forces the government to cut down excise duty for generating demand. The average sales figure for used cars is 3 million whereas it is 2.7 million for new cars. On comparing growth figures between the two, the situation is harsher as it is 22-25% for used cars and a flat figure for new ones in the last 3 years.

As per industry officials, Indian auto market is heading towards growth just exactly the US way where  annual sales of used car is three times the sales of new cars i.e. 44 million.

With the recent reduction in excise duty, a change is definitely expected in the business scenario. The used car business is certainly going to witness an upward trend because of a well-organised structure now.

Read about used cars, then Click here 

Used Merc demand equals new car

As per recent market trends, the demand for used Mercedes has now become equal to the demand for new luxury cars. The cost of a new Skoda is 16-17 lakh and a used Mercedes Benz C Class is also available at the same price. In such a scenario, most of the people prefer to go for the latter option. 3-4 year old Audi A4, BMW 3 Series and Mercedes Benz C Class are counted in the best seller’s category and are available in the price range of 15-20 lakh. The 2008 model of Benz C Class in petrol version is of 12 lakh at present.

According to industry officials, the pre-owned luxury car market is estimated to be around 30,000 units per year. The market scenario is same for new luxury cars as well.

“People are changing their cars quite fast these days,” an Audi spokesperson said. BMW did not respond to HT’s request for a comment. Vinay Sanghi, chief of online car sales firm Cartrade, which is connected to 1,200 used car dealers across India, said most luxury car owners change their vehicles in three years, leading to a large supply of these cars in the second hand market.

Cartrade estimates the market for second-hand luxury cars to be about 30,000 units per year — the same as the market for new luxury cars. Most people HT spoke to said this estimate was largely accurate. “There is huge demand for used luxury cars that we can’t cater to,” said Yatin Chadha, senior V-P, Mahindra First Choice, largest seller of used cars in India. It recently opened its first showroom exclusively for used luxury cars in Gurgaon.

That demand was met by the unorganised sector. And as the market for luxury cars grows, the used car market is expected to grow in tandem.

Read more : http://www.hindustantimes.com/punjab/chandigarh/demand-for-used-merc-equals-new-car/article1-1178619.aspx

Click for Suggested Readings about Used cars in India

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.” 

Availability of Used Cars Online

India observes a huge market for used cars. These pre-owned cars tend to age over time and change hands from the first to the second, the third owner and so forth. The obvious concern, hence, has been the authenticity of such pre-owned assets. Hardly any organized platform existed in India to facilitate authentic transactions of used vehicles and equipment. Identifying an opportunity and leveraging on its experience of operating in this segment for decades, Shriram Group has launched the concept of Shriram Automall, an ideal platform for buying and selling of pre-owned vehicles, construction equipment, and agricultural equipment, second-hand cars etc.

SAMIL has widened its spectrum with its initiative of providing online business transaction platform for used cars. It is providing automobile manufacturers and it’s used car dealers an online platform to showcase and transact with their used cars online. This platform is a unique destination offering an opportunity to buy and sell used cars online from all the leading automobile brands. Aspiring customers can be comfortably placed at the cozy corners of their homes and work places and bid for their chosen pre-owned cars online at bids.samil.in.

Under the sage leadership of Sameer Malhotra, CEO of SAMIL is extending its outreach to different parts of India and by 2013; it is likely to open new branches in as many as 60 locations. 

Eye on Used Vehicle Market in India

Indian used vehicle market is expected to hot up with a lot of rank 1 brand proactively lining up their used assets in the said market. Leading brands of both cars and bikes have unveiled plans to expand in the segment.

The trend also shows that more first time drivers are looking to buying a used car and more first-hand car owners are in plans to exchange their assets within four to five years' time. Also, used vehicle market is expected to grow with many original equipment manufacturers launching their used car ventures.

With the flourish of the market for used cars and used bikes, a daunting apprehension has also been growing regarding the authenticity of the assets. Hence it becomes equally important to be knowledgeable enough about the vehicle that you are attempting to buy. A proper pre-purchase inspection is hence required.

While inspecting a used car or pre-owned bike get to your appointment 20 minutes early. The early bid not only catches the worm it might catch the seller polishing the get up like adding fluids etc. to make an engine or transmission run smoother, thereby making the asset convincing enough for selling.

More than believing on the story tellers in this particular segment of market for second hand cars and bikes, you must inspect your selected asset and must not opt for it in case of even a fraction of doubt related to the same.

Shriram Automall India Limited (SAMIL) offers the most transparent platforms to appease the customer’s comfort. Innovative, practical business platforms like Physical Bidding, Online Bidding, Private Treaty and Shriram One Stop, implemented with high operational integrities have been the core driving strategies in a competitive market scenario.

Other than addressing the segment of used bikes online and used cars, Shriram Automall has been ever active in terms of promoting its services and benefits in transaction of construction equipment, commercial vehicles and farm equipment as well. Regular consorted promotional initiatives keep the customers and clients updated about SAMIL’s offers and services. 

Advantages of Buying a Used Cars in India

The market for used cars greatly caters to the interests of the middle class Gen Y mass, who have desires and fancies for luxury vehicles but can’t really afford for a new one. What can be a better option for them than buying a used car with all desired performance at almost half the price as compared to that of a brand new car?

If you are inspired to buy used cars in India, abiding by the following tips can help:

1. Locate the right used car that with suit your purpose and the size of your family. It is advisable if you can consider the future requirements and needs before planning to select any particular model.
2. The choice of car must match with your pre-set budget and meet the needs at the same time. An alternative choice of model should be kept in mind.
3. Consider judging the car’s performance, mileage, condition, reliability and popularity of the brand before bargaining with the cost of the used car. A research on the detailed information of the car can help in the long run.
4. Think of probable options of how to finance well in advance before heading for buying a used car. Deciding upon the amount for monthly payment and down payment can help in determine a realistic range of purchase price of a used car and help in further negotiation with the car’s owner.
5. Be informed about the reliable places to buy a used car from. Ideally, you can avail used cars from private parties, new car dealership and used car lots.
6. Before making the payment, go for a test drive to evaluate the concerns, you have in mind.
7. Once you decide upon any particular car, verify and cross-check all the documents properly. Make sure all your apprehensions and queries regarding the documentation and services are clarified. Patiently inspect for the documentations and make sure all the paper works are complete. Any commitment on post sale services and other promises from the dealer and owner must be recorded in written.

Be mandatorily informed that:

1. Used cars come with warranty when purchased from one of the many company-owned used car outlets. However, there is some limitation to this feature

2. Company owned used cars come with post-sale service offers.

3. Most company outlets offer certified used cars with pre-delivery check by experts.

So, what are you waiting for? Give a shape to your dreams right away by buying a used cars India and used tata nano for you and your family.