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.

Tips on purchasing second hand commercial vehicles

Most of the businesses prefer used commercial vehicles over the new ones. The reason is very obvious and that is cost. Especially, the start-up businesses go for used commercial vehicles as the money they save in this kind of purchase is utilized in other requirements. Since there is a great risk involved in the trade of used commercial vehicles, it is necessary to be cautious at every step of the trade. Here are some tips to extract the most fruitful deals in the purchase of second hand commercial vehicles.

·         While inspecting a pre-owned commercial vehicle, check out the condition of its oil. It talks a lot about the complete health and condition of the used commercial vehicles you are about to purchase. Always remember to take past records of the second hand commercial vehicle from previous owner.

·         Properly check out the body of a pre-owned commercial vehicle for rust. Never take this aspect for granted. Generally, people do that and always end up making a wrong purchase. Your investment will be a complete waste if you neglect a rusted body of the second hand commercial vehicle.

·         Do not forget to ask for service records. These records help in calculating exact worth of the used commercial vehicle. It is also important to check the authenticity of records. The VIN in it must be similar to the vehicle.   

·         While you go for a test drive of the used commercial vehicle, do not forget to check its suspension. It is vital for suspension to be in good condition in order to make the investment worthwhile.

If you wish to acquire or dispose a used commercial vehicle, do not forget to take a look at what Shriram Automall India Limited (SAMIL) has to serve through excellence in this kind of trade. With transparency and authenticity in its deal, SAMIL facilitates a wide range of pre-owned vehicles and equipment - Mr. Sameer Malhotra

Reasons to prefer second hand commercial vehicle

Starting a business with the second hand commercial vehicle or upgrading the existing vehicle is a right choice.

While starting a business huge capital is needed to raise assets and more funds, buying a second hand commercial vehicle is a good way out as one can decently use the raised capital on the most prioritised asset or other things.

·         Second hand commercial vehicles are comparatively more reasonable than the new ones;

·         All you need to do is carefully set the budget and decide from where to raise funds to purchase the second hand commercial vehicle.

·         Each and every commercial vehicle is unique when we see to its price, safety and features.

·         Buyer of the second hand commercial vehicle firstly needs to decide his preference for the brand of the second hand commercial vehicle. There is a long list of commercial vehicles manufacturers. Buyers of the second hand commercial vehicle generally go with their brand loyalty.

·         Always select the used commercial vehicle that goes with your business needs and has a clean record i.e. no accident report, no major damages.

·         So after deciding the price, manufacturer now it’s the time to decide how to raise funds for it.

·         Negotiate the claim price with the seller or the dealer of the used commercial vehicle.

·         Carefully examine the used commercial vehicle that you are willing to buy.

·         Visit the bidding events and bid from the large displayed variety of used commercial vehicles

“Shriram Automall India Limited is the pioneer in facilitating well-structured bidding platforms and offer its prospective buyers with a wide range of used vehicles and equipment in various segments, namely Construction Equipment, Commercial Vehicle, Tractors, Cars & SUV’s, 2 Wheelers, 3 Wheelers “- Mr. Sameer Malhotra, CEO of SAMIL.

What to Look Out for in a Used Vehicle

The purchase of used vehicles involves a lot of risk. In this case, an owner’s maintenance capability is considered more in comparison to the name of a brand. People with very little knowledge of technical aspect, generally, end up buying a used vehicle on the basis of its looks. Various other aspects are completely ignored when a good looking vehicle stands in front us. But in long run, this practice serves no purpose. It will never result in a long term association with the pre-owned vehicle. Here are some of the points that must be kept in mind while purchasing a pre-owned vehicle. Let’s take a look at them.

·         Condition of Parts

It is counted as the first criterion in the entire selection process. If the vehicle’s parts are not in good shape, you will certainly have to get them repaired later. Buying a vehicle for getting it repaired is not at all a great idea. The deal will never be profitable. So, don’t forget to look for bent cranks, buckled wheels or worn tyres as their repair will be a big burden on your pocket.

·         Check if its stolen

The purchase of a stolen vehicle is counted as a crime. Make sure that the vehicle you are about to buy is well-researched in this aspect.

·         Cost

The main deciding factor in buying a used vehicle is its cost, which is calculated majorly on the basis of its parts’ condition. Make, sure that both the aspects complement each other.

SAMIL serves a wide variety of used vehicles and equipment through its various bidding platforms. It stands as pioneer in giving the most structured platforms for trading used vehicles in India.

 “In the arena of used vehicles and equipment in India, SAMIL has always aspired to deliver credibility along with a wide range of options. With transparency, the company will continue its journey towards great heights.” -  Mr. Sameer Malhotra

Ashok Leyland reported 26% decline in January sale!

Ashok Leyland sold 7,847 units in comparison to 10,561 units in January 2013. Its M&HCV’s segment reported a decline of 19% with 5,530 units sold against 6,863 units in January 2013. The sale of its LCVs stood at 2,317 units against 3,698 units in the same period of previous year, accounting de-growth of 37%. Read more at : http://www.financialexpress.com/news/quick-view-ashok-leyland-sales-down-26-in-january/1222913

Ashok Leyland unveils its latest LCVs

Following the successful launch of DOST, Ashok Leyland widened its light commercial vehicle segment with the release of PARTNER truck and MiTR bus. Both the commercial vehicles are latest offerings of company’s joint venture with Nissan.

According to a company’s spokesperson, PARTNER has already been unveiled in Japan and Europe before and with this launch, the company now has a full line-up of products in its light commercial vehicle segment.   

Must read more news, click here.

ROLE OF SAMIL IN COMMERCIAL VEHICLE INDUSTRY

Indian commercial vehicle industry has seen a radical growth during the last decade. With the market becoming increasingly competitive and the cost of resources rising up the meter, productivity at optimum cost seems to be a challenge to fetch. Catering to all these causes India has earned the fame of being the production hub keeping at par with performance and productivity. Several challenging functions have been observed as a consequence of this. One of the very prominent challenges that need an immediate address is the gaping need for facilities where vehicle owners can have the required repairs done and can even get their vehicle disposed off.

Shriram Automall India Limited (SAMIL), an entity of the Shriram Group has recognized this inevitable market trend, the subsequent needs and has evolved as a pioneer in providing consolidated services to commercial vehicle industry to address the buyers and sellers of used commercial vehicles, used construction equipment, used cars India who operate in fragmented market. The first of its kind, SAMIL offers a plethora of services under a single roof. Right from providing bidding platforms, arranging private treaty, to services like repairs & trucks refurbishment, finance and documentation, SAMIL takes care of all the nitty-gritty details.

With the graph showing an upward curve when it comes to investments in commercial vehicles’ market in India, machines are deployed at regular intervals. Accordingly, Indian market is more likely to see a flourishing impact of the same and rise in the count of customers in future as well. Serving as a positive aspect, this trend will continue to enhance SAMIL’s growth at the background of an ever-prospective commercial vehicle industry.

  

For more details, click on the links below:

Buy Used Car Online

Used 3 wheelers

Used bikes online
Sameer Malhotra

How to Save Time & Money through Online Bids

With the advent of the World Wide Web, the world is converging rapidly. The way we communicate, the way we study, do business, in entertainment sector, everything has been affected by the internet. The internet has made the market more accessible to people. The Internet has transformed the way the world does business on both a local and global level. It provides you a window into the global world.  Shriram Automall India Limited is expanding its horizon & spreading its wings to conquer all barriers. Mr. Sameer Malhotra (CEO, SAMIL) believes its extremely important to keep abreast with the time & technology for the growth of the organization.

Offering your services online provides opportunities for you to reach more customers, which can help you to grow your business and succeed in a competitive marketplace. For the end users, this means higher efficiency and quicker processing with a wide range of services online.

Providing services online is an effective way to further engage with your customers. SAMIL considered expanding the business to help customer needs and meet growing demand by taking the asset disposal& acquisition to an online platform.

The customers on the other hand can save time & money by using SAMIL online platform to buy used vehicles & equipment.  The online platform offers customers an arena to bid for the vast inventory available at their own convenience. Customers can register at bids.samil.in & have a hassle free trading experience at our platform. 

In the dynamic environment, where 24X7 connectivity is of essence the SAMIL portal serves as a virtual market place, where customers can strike the best deals at the best price. The transactions on SAMIL online platform are extremely transparent, favoring the buyers to close the deals at the most competitive prices.

Variety is another advantage that online transaction platform offers. The online platform boasts of exhaustive inventory of pre-owned vehicle &equipment. Wide range of pre-owned cars, Farm Implements, Used Construction equipment, passenger vehicles, cars & two wheelers is available for consumer to choose from.

This user friendly platform rightly saves not just your time but also money!

To experience hassle free trading at SAMIL online platform, visit bids.samil.in