Curious to Know What's Driving the Growth of Used Automotives in India

The automotive industry in India is one of the largest in the whole world, along these lines it is made out of a couple of best worldwide makers and a few retailers. The producers continue fabricating the new models with refreshed innovation, while the retail market features players who deal in both new and used vehicles. 

In the course of the most recent couple of years, the used vehicle market has shown a huge development in India. The pre-claimed vehicle market is developing at a pace of 15% per year.

With the expanding populace of vehicles being used, there is potential for the used vehicle market to additionally twofold in size in the coming years. As the used vehicle business has been one brilliant spot in a slow growing automotive industry over the most recent couple of years.

Shriram Automall the Largest Acquisition and Disposal Platform for Used Vehicle and Equipment in India saw an obvious development popular for used vehicles in the nation as, the race to purchase diesel automotives a couple of years back with the costs of petroleum being pegged to the open markets and afterward customers demand to purchase used over new prompted a development in the used vehicle volumes.

Presently, individuals anticipate secure used automotives over new as SAMIL, provide used vehicles at ideal costs through advantageous transaction platforms. Company additionally gives better used models to clients in the cost of new for long term results.

With the used-car market estimated at the same size as the new-car market currently, the survey was conducted to provide perspectives on customer profile, buying process, decision factors, norms and benchmarks related to the trade.

What's more, subsequently, everyone saw that with formal systems developing; it is progressively getting to be economical to purchase used automotives. Among the urban purchasers, there is an unmistakable inclination for marked players who appreciate a vast offer of the market. This is seen over the districts, recommending the transitioning of this business.

Purchasing a used vehicle is without a doubt the best and ideal choice to make as few urban families have more than one vehicle. What's more, the second or third vehicle is moderately less used and well kept. These are extraordinary used vehicles to be purchased which additionally offer fantastic value for money to vehicle purchasers.

So, if you as well are an interested buyer or a seller of the used vehicle, feel free to opt for the amazing transaction platforms of Shriram Automall India Limited (SAMIL). You can both visit your nearby Automall or download “MYSAMIL MOBILE APP”, to get in contact with the professional team.

You can also click the link below for easy and convenient registration & our team will contact you, to serve you.

Link: http://bit.ly/2TXyMPr

Read More

Things to Look Out For While Acquiring A Used Automotive

Automobile industry in India is consistently enhancing its dimensions with a boom in the pre-owned cars segment. The last few months have showcased a tremendous growth in the sale of used cars in India. While people shifted their preference from new cars towards used cars, India began to ride on luxury at an affordable price.

With the Automotive market, changing rapidly, and with the growing demand and need of the automotive in the country, used automotive market is expanding as well. As every new vehicle sold, becomes used for this market.

In quest of setting some incredible benchmarks in this arena, Shriram Automall India Limited (SAMIL) addressed the growth through transparent bidding platforms which further lead to building a strong association with the customers

In order to strike best deals while purchasing a pre-owned car in India, company has brought following points to keep in mind.

·         While purchasing a used car, make sure you pick the latest option out of the lot. There are various people who dispose their car immediately after few month of purchase. In fact, many sell their car even before its warranty period expires.

·         Do not hesitate and get lazy in carrying out an extensive research on your choice. Do look for any sort of complaint filed against the pre-owned car that you choose. This research can be carried out online as well.

·         Once you are sorted with the research, do not forget to do the physical inspection of the used car. Do check out its condition in order to avoid expenses in future.

·         Service records of a used car also play an important role in arriving at a wise decision. Always look out for a well-maintained service record which actually acts as proof for its better condition.    

Buying a used automotive only brings you profit that too at the prices, you will be glad to make a deal out of. If you as well are looking forward to buy or sell a used vehicle & equipment Shriram Automall India Limited (SAMIL), is the best choice to make. Visit your nearby Automall or simply click the link below to register yourself.

Link: https://bids.samil.in/Home/OAS_Registration.aspx

Read More

Indian Automotive Industry's Domestic Sales Grew by 14.41% in April-Feb'2018

http://gulfnews.com

The Automotive Industry in India produced 26,202,671 vehicles, including passenger vehicles, commercial vehicles, three wheelers, two-wheelers and quadricycle in April-February 2018, against 23,078,120 in April-February 2017, enrolling a development of 14.41% over a similar period a year ago.

Passenger Vehicles sales during the period of April-February 2018 grew by 8.04% over a similar period a year ago. Inside the passenger vehicles, passenger cars, utility vehicles and vans grew by 3.62%, 21.34%, and 4.25% respectively.

Commercial Vehicles segment enrolled a growth of 19.30% in April-February 2018, as compared with a similar period a year ago.

Medium and Heavy Commercial Vehicles (M&HCVs) grew by 11.91% and Light Commercial Vehicles grew by 24.64% amid April-February 2018 over a similar period a year ago.

Three Wheelers sales witnessed growth of 19.11% in April-February 2018 over a similar period a year ago. Traveler Carrier sales registered a growth of 22.36% and Goods Carrier sales grew by 6.80% in April-February 2018 over April-February 2017.

Two-wheeler segment witnessed sales growth of 14.47% in April-February 2018 over a similar period a year ago. Inside the Two Wheelers segment, Scooters and Motorcycles developed by 21.18% and 12.66% respectively, while demand for Mopeds declined by (- ) 4.83% in April-February 2018 over April-February 2017.

In April-February 2018, overall automotive trade expanded by 15.81%. Two and three wheelers segments witnessed the growth of 20.30% and 37.02% separately, while Passenger and Commercial vehicles declined by (- ) 1.80% and (- ) 13.26% individually in April-February 2018 over a similar period a year ago.

In India, with new vehicle market witnessing growth, there is a large inventory of used vehicles available for re-sale. Thereby used automotive industry, showcase uptick demand even when the new automotive industry witnesses the downfall, demonstrating that used vehicle industry will keep on moving forward.

So, what are you sitting tight for? If you are keen on procuring used vehicles and equipment visit your nearby Shriram Automall or visit us at www.samil.in to know how Shriram Automall India Limited (SAMIL) encourages the exchange of used vehicles and equipment, including passenger vehicles, two-wheelers, commercial vehicles, agricultural/construction equipment and so forth through its online/ physical bidding events.

Tap the link beneath for simple enlistment or to download MySAMIL Mobile App and stay updated.

Link: https://goo.gl/tk9WYw 

Download MySAMIL Mobile App: https://goo.gl/BMpnCf

Read More

Buying or Leasing a Used Vehicle, What's Best for You..?

The decision amongst buying and leasing a used vehicle has frequently been an extreme call for customers across India. On one hand, buying includes higher monthly costs, however you possess something at last. On the other, while leasing you have to pay regularly scheduled installments, but you get into a cycle where you never stop paying for a vehicle. Thereby Shriram Automall India Limited (SAMIL), has brought this Info-Graphic to help you with the state of dilemma that you are in, this will assist you to make the best decision for yourself.

Read More

Policy to Make Demand for Electric Vehicles Rise in India

India will report an essential approach to build the number of charging stations for electric vehicles all through the nation, meaning to decrease vehicle contamination and help embrace cleaner programmed innovations and lift electric vehicles.

The approach is intended to help electric vehicles in India. The Modi government likewise plans to purchase 500 electric vehicles soon. A few automakers, for example, Tata, Mahindra, Hyundai and Maruti, are manufacturing electric vehicles.

Right now, India offers around 25,000 units every year. The framework biological system isn't all around created. The charging stations are rare, despite the fact that the dominant part of completely stacked four-wheel electric vehicles accessible in India can't be trusted to movement more than 100-130 kilometers.

The cost of the payload will be roughly INR 3-3.5 for every kilometer. These charging stations could be introduced by any vitality circulation organization, focal open part organizations or state control supply units. Indeed, even a state PSU can build up establishments.

India exhibited the 'National Electric Mobility Mission Plan (NEMMP) 2020' in 2013 to address the issues of national vitality security, vehicle contamination and the development of national assembling abilities. Repeating its responsibility regarding the Paris Agreement, the Government of India intends to roll out a noteworthy improvement towards electric vehicles by the year 2030.

Electric vehicles are not extremely famous in India. In any case, that is relied upon to change in the coming years.

"Head administrator Narendra Modi trusts that the nation will end up independent as the import of non-renewable energy sources from India is excessively, we will likewise collect breeze and water to produce electricity."

Expanding air contamination in the metros, including the national capital, Delhi, is causing an expansion in the occurrence of constant obstructive pneumonic illness (COPD) in the populace.

As indicated by a Lancet contemplate, around 27% of deaths in India are because of contamination, making it a nation with the most astounding number of deaths identified with contamination, trailed by China.

With every one of the means government and makers are taking its not far, when you will drive a completely electric car in India. In any case, till that day comes, have your impact in influencing India contamination to free, by gaining BS-IV consistent utilized vehicles from Shriram AutomallIndia Limited (SAMIL).

Tap the link underneath for helpful and free enrollment.

Link: https://goo.gl/tk9WYw 

Download MySAMIL Mobile App: https://goo.gl/BMpnCf

Read More

Shriram Automall's 7th Business Anniversary Celebration - A Grand Success

26th February'2017, Shriram Automall India Limited (SAMIL), India’s largest physical and online platform for transactions of used vehicles and equipment celebrated its 7 years of remarkable existence on 26^th Feb 2018. Company organized 74 physical bidding events across the country and transacted 65 Cr+ in a single day making it the best business day in SAMIL’s history.

The grand event was a glorious success as company witnessed 14,000+ Customer Footfall at its Automall facilities across the country, 6500+ were the Registered Bidders. Company sold over 3400+ Used Vehicles & equipment of various make and model from 10000+ tagged vehicles, which company displayed for disposal.

FY 2017-18, has been a really great year for SAMIL till now, as company witnessed robust growth of 30% in its revenues. The strong business performance was backed by a record of "8,300+ physical/online bidding events disposing 1,30,000+ used vehicles & equipment" with transaction value of Rs. 2,000+ crore.

SAMIL's 7th Business Anniversary celebration was appreciated by many as proved resources that this distinguished company offers always aim to boost their customer experience and requirements. Thereby company is best known for being the India’s most trusted network provider with well structured bidding platform for acquiring and disposing pre-owned vehicles and farm, construction, industrial equipments etc.

Also, while going forward in FY 2018-19 the combined entity (Shriram Automall and CarTrade Exchange) will offer new and innovative technological enhancements to its customers for bidding online and inspection facility which SAMIL will offer through its 100% subsidiary Adroit Inspection Services Pvt. Ltd. The combined entity will hold over 70% market share and expect to conduct transactions worth over Rs. 4000 Crores next year serving a combined customer base of over 20 million which will make it the largest marketplace for exchange of pre-owned vehicles and equipment.

On the occasion, Sameer Malhotra, CEO, Shriram Automall, said, “It's been 7 years of trust, loyalty, understanding and belief our customers showed on us. I am glad how just a mere idea has turned into a company that has transformed the lives of thousands by offering the most transparent and unique physical and online bidding platforms.”

SAMIL has created an innovative and convenient market place for used vehicle and equipment transactions in the country. To be a part of the same click the link below to go through company's vast inventory and to register yourself for free, or download My SAMIL Mobile App for the most convenient experience at your comfort.

Link: www.samil.in

Download MySAMIL Mobile App: https://goo.gl/BMpnCf

Read More

Improving Your Vehicle's Fuel Efficiency Is Now Simple, How? Let's Read!

We all know how in India, petrol and diesel prices keep fluctuating in order to sync with international rates, just like every other advanced market in the world.

Not just that we all are also well aware of the fact how limited these resources are, that’s why Shriram Automall India Limited (SAMIL), has brought the tips through which you can make your vehicle more fuel efficient.

All you have to do is follow these steps.

1. Avoid Carrying Dead Weight

Traveling with excess weight in your vehicle makes your engine burn fuel faster thus degrading your fuel economy, so prefer leaving what you don’t need right where it belongs and i.e. not in your car.

1     2. Use Old Engine Oil

Change the oil in your car according to your vehicles maintenance schedule, and before you leave for the journey ahead of you prefer to change your engine oil, with old engine oil, as age of oil matters when talking about fuel efficiency.

       3. Forget Your Bad Driving Habits

To maximize your fuel economy, you will have to change your petrol/diesel/gas guzzling ways as more steady and consistent your driving becomes, the more fuel efficient your vehicle will be.

        4.Accept that Cruise Control Won’t Help You

It’s a myth, so don’t fall for it, as you can see it for yourself, set the cruise at 60 MPH and listen to how hard your engine accelerates when you drive up an inclined section of freeway making your engine burn more fuel, than required. 

1     5. Keep Tires of Your Car Properly Inflated

Under-inflated tires drastically affect your fuel economy and everybody knows that, so do yourself a favor, and swing by your local gas station and make sure to check your tire pressure.

1      6.  Avoid Traffic

Try to following the apps which tells real-time traffic and construction updates right on your phone, as now, you can stop being stuck in the traffic off-guard and be fuel efficient.

 We believe this blog helped you, if you are looking forward to more tips and tricks or to improve  your vehicle’s on road worth, visit your nearby Shriram Automall, as our professional team will be there to assist you with all types of Automotive requirements.

If you are looking forward to buy or sell used vehicles and equipment click the link below to register yourself.

Link: https://goo.gl/tk9WYw 

Read More

Meet Shriram Automall at the Asia's Largest Motor Show - Auto-Expo2018

India’s largest service provider for exchange of used vehicles & equipment, Shriram Automall India Limited is coming in Auto-Expo 2018 which is scheduled to be held between 9^th to 14^th February' 2018 at the India Expo Mart Limited (IEM) in Greater Noida.

With close to 40 exhibitors, this year’s Expo promises something for everyone - from hardcore auto enthusiasts to serious car buyers. This is the event where attendees get a chance to get up close and personal with new and upcoming cars, bikes, scooters, trucks, buses, electric vehicles (EVs) and radical concepts that offer a peek into the future.

Shriram Automall for the 3^rd time is coming to this major event. From previous 2 years, SAMIL's stall has been the most talked about innovation at the Auto-expo. This year with the same zeal company is looking forward to showcase its platforms and allied services at Hall No.4, Stall No. E32E. Company is planning to zoom in the Dummy Biding Events at the show.

It is for the first time in a 12 month period when Passenger Vehicle Market in the country topped 3-million-unit mark. Thereby by conducting dummy bidding events at the show, company will showcase how conveniently transparent is the procedure of acquiring used passenger vehicles of every make and model is. In doing so, company will help the audience to win exciting goodies by engaging them in organized dummy bidding events at 12:00, 3:00 & 5:00 pm all days along.

As the leader in the used vehicles and equipment industry, SAMIL has played a crucial role over the period of 6 years, providing the industry an organized approach garnering trust of millions of people and as a result generating major demand all across the country.

Being a platform that caters to the need of every type of used vehicles and equipment requirement, Shriram Automall’s bidding platforms & allied services like parking, valuation, refurbishment, finance, insurance & documentation comes in handy for everyone.

So, don’t out on all the fun that Shriram Automall India Limited (SAMIL) will bring in Auto-expo 2018 along with its most valued platforms and services and mark your calendar now.

Click To Join Our Event Page:

To acquire and dispose used vehicles and equipment in most optimal and convenient manner, click the links below and register for free.

Link: http://onestopclassified.com/AutoExpo2018.html

Download My SAMIL Mobile App: - https://goo.gl/BMpnCf

Read More

PAY E-CHALLANS FOR OVER-SPEEDING AND JUMPING RED LIGHTS IN DELHI

Source - http://b-metro.com/

Delhi, be prepared to receive E-challans for jumping red lights and over-speeding as Delhi police along with Maruti Suzuki will be installing advance traffic management system on a 14 km long stretch along the Ring Road from Dhaula Kuan to Sarai Kale Khan.

Traffic Management System or the TSMS will feature advanced and high resolution cameras which will include Red Light Violation Detection System (RLVDS), Speed Violation Detection System (SVDS) and Automatic Number Plate Recognition (ANPR) system. These advance cameras will be able to capture red light jumping and over-speeding simultaneously. Installation of TSMS will be done by Maruti Suzuki who will also maintain the system for two years; the operation will be under the charge of Delhi police.

The initiative is taken in woke of the fact that last year around 1,495 people lost their lives to road accidents in Delhi, among the highest in the country. With an automatic and objective system in place, it is expected to instill discipline among road users.

Operational time of the project is defined to be early next year with a projected cost of Rs. 15 Crs. In addition, Maruti Suzuki and Delhi Police also plan to engage with academic institutions and social groups to spread awareness on traffic enforcement systems and safe driving practices in the national capital.

‘It is high time not only in Delhi but in the country that riders and drivers follow traffic rule by heart not by force to instigate a feeling of road safety in the entire country. We at Shriram Automall laud these efforts that will not only make our roads safer but also result in less traffic congestion on roads.’ Sameer Malhotra, CEO-Shriram Automall India Limited (SAMIL)

Meanwhile if you looking to buy yourself a pre-owned car, than head straight to your nearest Shriram Automall, the company offers wide range of pre-owned cars, SUVs, sedans and hatchbacks under one roof at optimal price.

Read More

Wearing Half-Helmet or Headgear without ISI Mark Will Be Considered Helmetless!

www.thehansindia.com

Now, two wheelers riders will have to take a close look at the type of helmet they are using. As Bangalore city police on Thursday asked two-wheeler riders, including those on pillion, to wear only helmets with ISI mark.

Police commissioner of the state has given two-wheeler riders time till January 31 to buy headgears with ISI mark. If not from February 1, those wearing helmets without ISI mark will be penalized and they'd be treated as riding helmetless and will be charged with the prescribed fine for 'helmetless' riders i.e. Rs 100.

The drive is part of a state-wide endeavor to deter riders from using half-helmets and, instead, go for safer headgear of assured ISI quality. As headgears that cover the whole face come with ISI mark, Police consider other helmets as 'half-helmets' or those not conforming to BIS.

Not just that in UP with an attempt to curb the rising number of road accident deaths in the state, almost all of which the traffic department believes are a result of drivers not following rules, the government has decided to observe 'helmet and seat belt day' every Wednesday.

Traffic departments across the state, along with the transport department, will jointly conduct checks for helmets on two-wheeler riders and seat belts in four-wheelers. According to data from the traffic department, there were as many as 19,320 road accidents in UP in 2016, of which 59% were due to people not wearing helmets.

Also, wearing helmets has been made mandatory for all pillion riders across the state, under section 129 (wearing of protective headgear) of the Motor Vehicles Act, 1988.

So, let’s come together and help government in this initiative of making Indian roads safe for driving.

While doing so, if you are looking forward to acquire or dispose used vehicle or equipment but have no time to visit your nearby Automall, register yourself simply by clicking the link below or by downloading our very own MySAMIL Mobile App.

Link: https://goo.gl/tk9WYw 

Download MySAMIL App: https://goo.gl/BMpnCf

Read More

You Soon Might Have To Remove Bull-bars From Your Car!

The government’s Ministry of Highways and Road Transport (MORTH) has just banned bull-bars on cars and SUVs running on roads of India. The ministry has sent out a letter to the transport commissioners of all the states of the country, urging them to act against those vehicles running bull-bars.

The ministry is urging to take the action as bull bars posed a danger to pedestrians as well as occupants, and were in violation of the Motor Vehicles Act. The Act prohibits owners from altering a motor vehicle in such a manner "that the particulars contained in the certificate of registration are at variance with those originally specified by the manufacturer".

The ministry has also indicated that bull-bars are illegal according to the Section 52 of the Motor Vehicles Act. It has also pointed out that using bull-bars on vehicles attracts penalties under the Section 190 and 191 of the Motor Vehicles Act.

If this law got through, the ones not following it will attract a fine of Rs 1,000 for the first offence and Rs 2,000 subsequently. Thereby it's advisable that if you have a car or SUV equipped with a bull-bar/bull-guard, it is advisable that you get it removed at the earliest. Bull-bars/bull-guards may protect your vehicle’s bumpers from minor scrapes but they have multiple disadvantages, some of them very dangerous to your personal safety, and safety of fellow road users like cyclists, two wheeler riders and pedestrians.

ShriramAutomall India Limited (SAMIL) hopes this blog to be of your help. For more such blogs, visit us at https://www.samil.in/. We are the largest used vehicle andequipment transaction platform in the country. So, with New Year approaching, if you are look to acquire used vehicle or equipment of any make and model, visit your nearby Shriram Automall today. We have 70+ well structured Automall facilities and 150+ bidding yards across the country.

You can also register yourself or download our app from below links for more convenience and ease.

Link: https://goo.gl/tk9WYw 

Download MySAMIL Mobile App: https://goo.gl/BMpnCf

Read More

Checklist to Acquire the Best Used Car for Every Demand!

Nowadays, acquiring used car is considered a smart choice. As cars of today last long and thereby you can take benefit of them in a lot less money without getting worried about the depreciation in re-sale value.  But before you do so, you must follow the checklist bought by Shriram Automall India Limited (SAMIL)- The No.1 Used Vehicle and Equipment Platform in the country, to acquire the best used vehicle of your choice, suiting your requirement.  

Read More

Now Delhi Government To Save Lives Of Accident Victims In DELHI!

image ref - http://www.dnaindia.com

Yes, you heard right Delhi government is to pay 100% hospital bills of accident victims. As according to Delhi government, approximately 15,000 to 20,000 people meet with or are affected by accidents in Delhi every year which results in deaths of as many as 1600 people.

Keeping the figures in mind, Delhi government has decided to bear the cost of treatment of victims under a new scheme.

To know more about this, Given below are few quick pointers for you to know...

• Anyone who meets with an accident in Delhi will be provided with the free treatment.

• It does not have any bar on the domicile (i.e. the state/country of his permanent residence) of the   person.

• It includes three kind of accidents – road accidents, fire as well as acid attacks!

• The best clause is that there is no upper limit to this ordinance. Which means that no matter how   much your bill turns out to be – it will be borne by the Delhi government.

• Moreover, it includes private hospitals. So, it does not matter where the treatment is undertaken; you are covered!

The particular move initiated by the government is aimed at saving lives of victims during the golden hour, as most people attempt to take road accident victims to a government hospital even if a private hospital in nearby, thereby denying treatment within the 'Golden Hour', which leads to loss of many lives. By implementing this scheme government aim to avoid that.

Cabinet has already approved the scheme, proving "Every Life Counts".

So, let’s appreciate government's action for the cause and pledge to never ignore the injuries of the accident victim.

If you want to stay updated with everything that's going on in the country's automotive sector, and to know more about your beloved asset or the next one you would want to own, visit Shriram Automall India Limited(SAMIL's) webpage at https://www.samil.in/ 

While doing so, if you wish to acquire or dispose used vehicle and equipment of any make and model, register yourself with us, simply by clicking the link below or by downloading our very own MySAMIL Mobile App.

Link: https://goo.gl/tk9WYw 

Download MySAMIL App: https://goo.gl/BMpnCf

Read More

Shriram Automall – Name of Trust, Transparency and Reliability!

Looking forward to bridge the gap and making a deal directly with a person while acquiring and selling the pre-owned vehicles and equipment. You can stop looking as if you are reading this you are looking right where you need to look to attain the most informative, transparent, user friendly experience you desire.

India’s automobile industry is one of the fastest growing in the world, as it is already the sixth largest globally. Till about a six years ago, in the absence of organized players, more than 50% of all used vehicle sales were C2C (customer to customer) among friends and relatives, with a ‘Circle of Trust’. The remaining sales were managed by local unorganized dealers. In 2011, after Shriram Automall IndiaLimited (SAMIL) incepted its first Automall facility in India, face of the used automotive market changed.

Acquiring a used Automotive from SAMIL is not just a smart move but also an optimal move which can serve you better for the long duration of time. As with used Automotive, you can expect better upgraded models in good quality at low prices.

You might be thinking if it would be a great idea? You are right! You must think about all your options but we make sure while dealing with SAMIL, you won’t have to think twice, as story is quite different with them. They understand how buying a used vehicle can be one of the biggest investments of your life. So, you don’t have to worry anymore!

Being the 100% Subsidiary of Shriram Transport Finance Company (STFC), SAMIL provides easy finance facility, through which you can easily acquire your desired used vehicle at optimal prices through any of the choice able transaction platform that company offers. Through this facility Company aims to build an inclusive society which is self reliant. Customers can avail the facility of finance on either of their single or bulk requirements.

So, if you are looking forward to get more than expected quality of services and experience. Here is where you should stop looking because now all you have to do is click the link given below and let SAMIL’s team do what they do best and that’s providing best in class used vehicle and equipment through most transparent platforms along with customer oriented allied services.

https://goo.gl/tk9WYw 

Link: www.samil.in

Download MySAMIL APP: https://goo.gl/BMpnCf

Read More

Looking To Acquire a Used Car? Follow This Checklist

Considering modern cars are made to last for a long time, buying a used car can be a very smart decision. In fact you can get more out of the used car than from the new one, though it can be a rather intimidating experience for both, buyers as well as sellers. Thereby Shriram Automall India Limited (SAMIL), through its most innovatively transparent bidding platforms aims to make the process convenient and optimal, so that both buyers and sellers could get most out of the deal.

Addition to the services company offers, here is a blog providing you the checklist which can simplify matters, reduce risk, and convert the used vehicle transaction into a hassle-free affair.

While following the above buyer’s and seller’s checklist you can help yourself from being troubled after the deal is closed. Now, below is the checklist following which you can decide whether or not the vehicle you are acquiring is fit for you.

Let’s Read:

1.Mechanical Checklist

• Go for a test drive.

• Perform a leak test.

• Check the hoses and belts.

• Inspect the engine for any sort of leaks, or corrosion.

• Remove the oil filler cap. As foam residue on the inside indicates a leaking head gasket.

• Pull the transmission dipstick; the fluid should be pink or red.

• Check the timing belt.

• Have a mechanic inspect the vehicle.

2.Car’s Exterior Checklist

• Make sure that the car is on level ground before checking it out.

• Carefully check the paint job of the car, taking note of any rust spots, dents or scratches.

• Check the trunk of the car to make sure it is still in good condition.

• Check the tires.

• Never buy a frame damaged car.

• Try to get under the car when it is safely raised and inspect the exhaust system or any under-body     rust.

• Check under the hood of the car for any indication of dents, damage or rust.

3.Car’s Interior Checklist

• Go inside the car. Check the seats and upholstery of the car for any tears, rips, stains, or other type of damage.

• Check to make sure the air-conditioning of the car is working well by turning it on.

• Check the odometer of the car for the mileage.

• Find out if the car has a computer on board.

• Verify the lights and all the regular functions of the car when not moving. This includes: any sensors for parking, back parking camera, radio, CD, music installation, etc.

Keep in mind, these checklist pointers goes for acquiring and disposing all type of used vehicles and equipment. For more such information you can click the link below and go through our blog posts and at the same time to acquire or dispose a used vehicle or equipment you can register yourself by clicking the link.

Link: https://goo.gl/tk9WYw 
Download MySAMIL App: https://goo.gl/BMpnCf

Read More

Shriram Automall Helping the Demand for Used Automotives Surge in India Since 2011

India’s automobile industry is one of the fastest growing in the world, as it is already the sixth largest globally. Till about a six years ago, in the absence of organized players, more than 50 percent of all used car sales were C2C (customer to customer) among friends and relatives, with a ‘Circle of Trust’. The remaining sales were managed by local unorganized dealers. In 2011, after Shriram Automall IndiaLimited (SAMIL) incepted its first Automall facility in India, face of the used automotive market changed.

Company offers best in class usedvehicles and equipment through most innovative bidding platforms, along with transparency, reliability.  SAMIL is the first and only used vehicle and equipment transaction platform in the country that offers Physical Bidding for its customers.

 Today, the Indian consumer has woken up to the positive value equation of pre-owned vehicles, and rightfully so, pre-owned vehicles give higher flexibility and reach to prospective owners to dispose their vehicles at optimal prices to the potential buyers.

Other factors responsible for the increasing popularity of used vehicles are the multitude of quality choices available coupled with choice-able make and models. All this has created a situation where people want to upgrade their vehicles more frequently. The paradigm shift from buying new vehicles to used vehicles can be attributed to the increasing organization of the pre-owned vehicles players like SAMIL. Apart from these obvious reasons, there are other benefits that make buying pre-owned vehicles a popular practice, such as lower rate of depreciation, easy finance options, and hassle-free documentation along with clean history.

In SAMIL’s presence, the used vehicle market has benefited from fair deals, better retail network, credibility, transparency, easy availability of finances. Company provides an assurance to both seller and buyer of their investment. SAMIL have made buying used vehicles and equipment in the country easy, as its organized platforms and 70+ Automall facilities in every nook and corner of the country allow prospective customers to pick and choose used vehicles and equipment of various brands and segments from anywhere and everywhere at optimal prices.

So, if you desire to acquire or dispose a used vehicle or equipment, visit your nearby Automall today. You can also click the link below to register or download MySAMIL Mobile App.

Link: www.samil.in

https://goo.gl/tk9WYw 

Download MySAMIL Mobile App: https://goo.gl/BMpnCf

Read More

Why Acquiring a Used Car at the End of the Year Is the Best Choice You Will Make!

The end of the year is upon us and if you are thinking of acquiring a car for yourself, then this is the right time to go through it. In fact, while we are on the topic you can acquire the choice-able used car model in a lot less money, while making it easy on your pocket.

We all are aware of the growing used car market, and the benefits it brings like little or no depreciation in the value, good quality desired cars in less money, reliable, better model in less money and what not. But, are you aware of the fact that acquiring a used car at the end of the year can bring you more benefits alongside the existing ones.

So, let’s read why you should get serious about acquiring the used car now! 

Why December?

Dealers and manufacturers are looking to meet their annual sales goals, so many offer rich incentives. Also, the end of the year, especially in north India, is considered the wedding season and hence, mostly potential buyers are busy with their own chores, which create an extra leverage to extract some extra discounts or goodies.

      Stock Clearance

Any dealer doesn’t want to be left with the old stock while moving into 2018. Thereby they are willing to deal extensively.

 Increase In Price

Prices of vehicles increase on a YoY (year on year) basis and it’s better to purchase the used model of a latest vehicle, instead of the new one.

Year-End Offers

Straight up, more incentives and goodies already available from the dealers’ side means better value for the car to which we see no reason of denying.

In addition to the fact that they want to clear their inventory for new used vehicles, dealers and sellers are likely to want to try and hit their sales goals or get their used vehicles sold before the end of the year and the close of books.

So, what are you waiting for? Shriram Automall India Limited (SAMIL), the largest used vehicle and equipment provider offers the best range at optimal prices and thereby is the No.1 transaction Platform of India.

https://goo.gl/tk9WYw 

Mobile App - https://goo.gl/BMpnCf

Read More

Shriram has tapped only a slice of a huge opportunity in CV segment: MD, STFC to ET

With the growing demand of commercial vehicles in India, we can consider that commercial vehicles (CV) play quite a vital role in growth of Indian Economy. After slightly tepid Q1, the commercial vehicle industry has seen a continuous growth.

Where overall sales at 151,837 units in Q1 (April-June 2017)  were down 9.08 % year on year (YoY), the commercial vehicle (CV) sector has recorded a sharp recovery in July driven by an uptick in the critical medium and heavy commercial vehicle (M&HCV) segment, pent-up by demand post-GST and healthy replacement-led demand. As a result it is expected that overall Commercial Vehicle industry will find its momentum back where M & HCVs truck segment will grow by 6-7%, the LCVs by 7-8% and buses by 7-9%.

According to Umesh Revankar (MD, STFC), two factors that are boosting the demand for commercial vehicles in the country are the rural demand and e-commerce activity. Having good monsoon has helped rural India a lot as this year kharif crops output was quite good. Thereby that is the main activity from where the demand is coming. Rural demand is basically for used vehicle and probably smaller vehicles, LCVs, resulting in sustainable increase in LCV sales.

E-commerce activity is redistribution of goods within a city or outside of it or to individual requirement. This is another segment driving LCVs and smaller vehicles. Apart from that, construction activities are doing quite good in the country resulting in good demand related to construction vehicles.

Umesh Revankar to Economic Times (ET): “There is huge opportunity for us to cover other geographies where we have not covered. We are very strong in the south and to some extent in the west, but in north, east and central India, we are not very strong. By adding more to the network, we can increase our lending. I feel there is huge opportunity. The other lending happening earlier by money lenders or local financiers is slowly becoming more and more organized. So, demand for us, especially for used vehicles, is going up month on month.”

“With 2017, turning out to be the most challenging year for automotive industry, Shriram Automall India Limited(SAMIL) The No.1 used vehicle and equipment transaction platform in the country has stood strong. Now company with its already existing 72 Automalls, look forward to expand its reach further, so that every used vehicle and equipment requirement in the country could be fulfilled in the most organized and transparent manner.” Sameer Malhotra (CEO, Shriram Automall)

If you are looking to acquire or dispose used vehicle and equipment of any make and model, SAMIL is the OneStop destination for you. Visit your nearby Automall or view the inventory company has to offer from the comfort of your home by visiting www.samil.in or downloading MySAMIL Mobile App.

You can also register or download the app by clicking the links below:

 https://goo.gl/tk9WYw 

 Mobile App - https://goo.gl/BMpnCf

Link: www.samil.in

Read More