Overview on used vehicles

India is considered to be a high potential market for automobiles. Nowadays it’s a mandatory issue for everybody to possess a vehicle as it highlights your status, standard of living.  Due to the current economic slowdown, automobile sales are declining but the used vehicle market has experienced a radical growth. The flow in the demand for used vehicle has reached up to a much great heights.

Buyers are flooded with huge variety of used vehicle powerful models that surpass in terms of appearance and performance. The expected reason behind the declining desire in case of purchasing a brand new vehicle can be the high inflation and interest rates and may be uncertainty in the job market. Hence majority of people are turning towards the used vehicle segment.

Once when you decide the budget for your purchase of used vehicle and what kind of used vehicle you are interested in carefully make the proceedings.

• It is always  recommended  to do research work before buying a used car
• Used vehicles are always less expensive not only buyer gets the advantage of price but also of the insurance and registration fees.
•  Also the cost of the brand new vehicle depreciates immediately than the used vehicle.
• Always try to know the used vehicle history; accident cases, any major damages etc.  
• Always buy certified used vehicles, as they go through strict inspection and fair evaluated price
• Ask the seller  for the VIN  (vehicle identification number) and the list of used vehicle repair  history

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“Shriram Automall India Limited bestows the most professional bidding platforms to both its sellers and buyer of the used vehicles and construction equipment segment. SAMIL has evolved as a pioneer in facilitating consolidated services namely fair valuation, refurbishment and parking facility “- Mr. Sameer Malhotra, CEO of SAMIL.

EQUIPMENT AVAILABLE FOR IMMEDIATE SALE IN INDIA

AVAILABLE FOR IMMEDIATE SALE

Location : India

1. P & H I Model - 5300 (300 Ton)
Mfg Yr. - 1990

2. GROOVE I Model - TM 875 (80 ton)
Mfg Yr. - 1979

3. Link-Belt I Model -LM 518 (9150 Ton)
Mfg Yr. - 1985

Contact : Mr. Mohit Kaushal : +91.9810360195

Tips on Buying Used Construction Equipment

Used Construction Equipment

Over the years, economy has played a substantial role in shaping the ownership pattern of construction equipment. While avoiding the purchase of new equipment, various contractors have been depending on their existing equipments by embellishing them with consistent repairs. Used construction equipment have also been in trend due to the same reason. Unlike new equipments, used construction machinery is not solely backed by brand name to justify its purchase. There are various other factors that need to be considered while purchasing used equipment in India. Let’s take a look at them.    

·         Check working state of engine

It is very common amongst the sellers to serve their used heavy equipment with non-working state of its engine. Never believe their words. Always test the engine of used construction equipment before making a purchase and do not accept it in non-working state.  

·         Look for leaking fluids

Before you make the final decision, make sure the cylinders and backhoe loader are in good shape. Check for the arms or hoses as well.

·         Take a look at the service records

Service records help you in knowing the condition of the used construction equipment better. They are capable of justifying the good words of the owner regarding his/her used heavy equipment.

·         Check welds on the used machinery

Used heavy equipment is generally beaten up constantly till the time it breaks. After that it is welded. Always remember that a weld can never be as strong as the real steel. Hence, look for that as well.

“While incorporating transparency and credibility in every deal, SAMIL has successfully shaped its business in the arena of used construction equipment. By giving utmost importance to the needs and aspirations of its patrons, the company has built a strong bond with them.” – Mr. Sameer Malhotra 

MSTC desires to build a vehicle shredding plant

To create a vehicle shredding plant, Metal Scrap Trading PSU MTSC has asked Indian government for approval. With a total investment of Rs. 120 crore, the plant is expected to set up in Gujarat. Currently, India depends on US, UK and other nations for catering to the needs of its automobile industry. Around 9 millions tones of vehicle scrap are imported every year, which are recycled into world-class autograde products.  In order to meet the raw material needs of the country, MSTC plans to build a shredding plant for recycling used vehicles and seeks permission for a plant with a capacity of 80 tonnes per hour from the Ministry of Finance. India needs minimum 25-30 plants to fulfill the requirements of the domestic industry and the much-anticipated MTSC plants will also pave way for private sector to venture into the field.

How to sell a used car?

India has a great potential market for used vehicles. While buyers are many, the count of sellers isn't also lagging behind. However, to sell a used cars, certain diplomatic and to a little extent manipulative approach needs to be followed.

The first and foremost priority that needs to be taken care of is to enlist all the positive aspects of the car that you are attempting to sell. The vehicle may be too old but may just feature some of the best performances. Make sure you highlight these to promote your product for sale.

If the positive aspects outnumber the negative or the poor performing features, your quotation of price can ideally be on a little higher side. The price quotation however, also depends on the count of years. Make sure your suggestion on the price range justifies the performance status as well as the years of usage.

You may attempt to promote your used car through a dealer. Advertising your car online through trusted and authentic websites is also a smart option. Spreading the message through words of mouth also acts well many a times. Advertise your car through as much possible medium for quick and random responses.

After walking the path of all these promotional ways, once you are in terms with a prospective buyers, be convincing yet diplomatic enough. In the middle of everything you must not take your customer’s knowledge for granted either. Generally, people attempting to buy a car, are well equipped with the required knowledge and a know-about of the car’s database. There should not be any fake commitments and exaggerated information from your end. The negotiations and settlements should be done at the mutual interest of the buyers and the sellers. Well, as they say, its always Survival of the Fittest. You ought to pave your way out to a satisfying selling budget by using the best of your persuading skills. 

Shriram Automall India Limited assists in deciding the best of vehicles, depending upon our concerns. SAMIL puts forth the most professional bidding platforms for buying and selling of  used cars India and vehicles.