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

SHRIRAM AUTOMALL- A HUB OF PRE-OWNED VEHICLES.

Automobiles are among the most recyclable and reusable product of engineered goods. Disposal of vehicles in a haphazard and unscientific manner has caught the attention of society and has increased the demand for used vehicles. Another reason for preferring pre-owned vehicles is the price consciousness. Buying a brand new vehicle may sound interesting but it’s hardly possible for everyone to acquire one due to highly priced factor. This automatically elevates the demand for used or pre –owned vehicles.

With the same look, redefined style and softer prices used vehicles segment has emerged out to be a catalyst. Indeed society has dramatically altered as they accept and realize the true worth of used vehicle segment in their life.

Certainty of sale, fairness in deal and complete transparency in business transaction are some of the basic features that buyer expects when striking a deal of pre-owned vehicles. Although market is imbibed with thousands of sellers of used vehicles but one needs to make a right choice while selecting the right owner of pre-owned vehicle which is a difficult task.

Second hand vehicles facilitate buyers with wider access and more choices and assured lower operating cost.

SAMIL set the impetus for the owners to dispose off their asset and at the same time, empowered the small fleet owners to fuel their entrepreneurial ambitions by acquiring the pre owned vehicles.

SAMIL has build a reliable bond with its customers by providing them opportunities to make their life easy going. SAMIL makes sure to come up with more plans and innovations and aspire to serve better with every passing day. SAMIL organizational motive is not only to make business but to diversify the transportation system of India in an effective manner.

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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.