• Shriram Automall India Limited now sprawling in PAN India with 80+ well established Automalls!! • 80th Automall Inaugurated in Surat, India!! • Shriram Automall is best known for being the largest used vehicle and equipment transaction platform offering convenient allied services.!! • Shriram Automall MOBILE APP LAUNCHED...!!Download the app now!! • Sameer Malhotra – CEO, Shriram Automall India Ltd. as Esteemed Jury at Equipment India Awards 2017.!! •Shriram Automall with CarTrade Exchange is the largest online vehicle and equipment transaction platform. •Offering Valuation and Inspection Services in 2hrs turnaround time through Adroit Auto, Shriram Automall is the leading name.!!

Tuesday, 18 July 2017

Used Vehicle Market to be Double in Size by 2018

It’s no new news that ratio of used vehicles to that of the new ones is 1:1.1, yes you heard me right used vehicle market as compared to the new one is witnessing a robust demand from past few years.

With more and more people choosing to buy pre-owned vehicles instead of new ones, the used-vehicle market is likely to be double the size of the new car market by 2018.

Used car sales in India at 3.22 million vehicles are 1.2 times the sales in the new car segment. More people are buying pre-owned cars as the market has become more organized.

Shriram Automall India Limited (SAMIL), with utmost devotion since its inception in 2011, has very successfully organized the highly unorganized used vehicle sector. Company through its innovative platforms offers transparency at every step of the transaction while providing wide range of used vehicles and equipment of every make and model.

Today we can see people acquiring pre-owned vehicles despite having money to buy new ones as company offers better used models then that of the new lower models at the same price.

With a strong domestic growth for new vehicle sales during 2008-12, there has been an increased inventory of used vehicles. Several such trade-in cars are refurbished, thoroughly checked and put on sale usually with a warranty by organized players like SAMIL.

Another reason for the growing used vehicle market is the increase in supply of used vehicles as most owners these days do not hang on to vehicles for more than three years. And with Shriram Automall in the market customers are able easily fetch a refurbished used car at less than half its original sticker price.

Acquiring a used car, truck, tractor, bus etc. are indeed the best investment decisions that owners make as while buying used you get 

Value For Money
More Reliability
Lower Depreciation
Resell Value With Little Or No Loss In Equity
Better Vehicle Models at Low Cost

So, if you are looking forward to acquire or dispose used Vehicles and equipment visit your nearby Automall today and opt for the used vehicle of your choice from the vast inventory. You can also Download MySAMILApp or click the link below for easy registration.


Post a Comment