The pre-owned automotive market is witnessing a boom
with increasing sales of second hand or used cars. According to BusinessLine,
sales of used cars have reached the mark of 4 million units in the year 2019,
1.2 times the size of the new car market. The sale is also predicted to reach
6.7 to 7.2 million cars per year by the year 2022. A major reason for people to
buy used cars is finding well-maintained pre–owned cars at a well-decided price
value.
According to another report in BusinessLine, 85% of
people choose pre-owned cars as a stepping stone to progress towards a new car.
An option that not only helps them to buy their choice of car at a reasonable
price, but also opens the avenue for the two-wheeler riders to jump to four-wheelers!
Another reason for the growth of the used car market is
the increasing demand for luxury cars. While many may dream of buying a luxury
car, they may not have enough money at their disposal. This is where in-steps
Shriarm Automall India Limited.
Shriram Automall India Limited is a pioneering platform
to buy or sell used vehicles and equipment. Being the no.1 service providers, a
niche segment that the platform caters to is the exchange of commercial and
private luxury cars. The brand has a
wide presence with 86+ Automalls pan India, where 88,000+ biddings events are
conducted every month, offering fair price realization on the inventory of the
used car.
The cars sold at Shriram Automalls include second-hand
cars, non-performing assets (NPAs), demo cars, exchange cars, Insurance
salvage, rental and leasing cars, cars used for research and transit vehicles.
Not just this, the company also offers allied services like parking,
refurbishment, finance, documentation, insurance, inspection and valuation,
making Shriram Automall India Limited (SAMIL) a one-stop destination for all
your pre-owned cars related requirements.
Looking to buy a second-hand or used car? Get in touch
with us today at
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