Different Ways Of Selling Pre-Owned Commercial Vehicles

If you are planning to expand your business then clearly your needs will also grow. You would definitely want to either upgrade your pre-owned commercial vehicle or dispose it at the best price in order to hunt for another option. If you wish to sell your pre-owned commercial vehicle then obviously you would want to explore the best ways. A well-planned disposal of used commercial vehicles is always fruitful with a better realization of money. Let’s take a glance at various ways of disposing a pre-owned commercial vehicle.   

Sell it on your own

If you are not in an urgent need to sell your pre-owned commercial vehicle, then you can do it yourself also. The easiest way to do that is stick a sign on your vehicle stating its availability for sale and then drive it to a crowded location or park it in a location which has maximum footfall or traffic.

Dispose through a dealer on consignment basis

You can also dispose a pre-owned commercial vehicle on a consignment basis. In this way, you generally sign an agreement with the company under which it will take care of the entire selling process and will charge service fees in terms of some percentage out of the sale price.

Sell through a dealership

Being an easiest way of disposing a pre-owned commercial vehicle, many people prefer selling their vehicles through dealers. Once you take your commercial vehicle to a dealer, it will first undergo an inspection on the basis of which its value will be finalized and then offered to prospect buyers.  

Shriram Automall India Limited (SAMIL) serves various bidding platforms to facilitate the trade of pre-owned vehicles and equipment. You can visit your nearest Automall facility in order to sell your pre-owned commercial vehicle at attractive price with utmost transparency and authenticity.

“Through our well-structured bidding platforms, including physical bidding, online bidding, private treaty and one stop classified, we aim at transforming the entire arena of pre-owned vehicles’ industry through our expertise and commitment to authenticity.” – Mr. Sameer Malhotra, CEO of Shriram Automall India Limited (SAMIL)

Read More

How Business Plan Helps In Making A Correct Choice For Used Trucks

The requirement of a used truck is observed mostly with business owners who are into contractual agreement or operators who are seeking an employment through trucking. Every day, various people hunt for used trucks either online or at dealerships. And their choices are mostly dependent on horse power, makes and models, transmissions and engine type and amenities. While concentrating majorly on these things, people forget about business plan. Basically they fail to identify its importance in making the right choice while buying a used truck. Let’s see how this thing can help in making a wise decision.  

• While preparing a business pan, you always make note of the total number of miles you are going to dedicate to your used truck. This acts as a major point on the basis of which you can make a great decision.
• Depending on the maintenance cost that you calculate for your used truck which will automatically go into your business cost, you can any day make a better choice.
• Based on the monthly income, when you decide on your capability of expenditure, it helps you in determining the price range in which you are going to purchase the used truck.  
• Your future plans play an important role in the success of your business. When you actually plan your upcoming 3 or 5 years, it gives you a brief idea about your requirements. 

If you think you are clear about your business plans now and wish to purchase a used truck, get in touch with Shriram Automall India Limited, the only company in India to serve well-structured bidding platforms for the trade of used vehicles and equipment. The company also offers the widest line up of used trucks at optimal price to choose from.

“On our transparent bidding platforms, we serve a wide variety of used vehicles and equipment and our services are not just confined to one region as our bidding platforms are spread across India.” – Mr. Sameer Malhotra, CEO of SAMIL

Read More

PRE-OWNED TRUCK FINANCING TIPS TO STRIKE GOOD DEALS

Almost every commercial or industrial business makes use of trucks. Generally, the start-up cost of such businesses contains a heavy investment in acquiring trucks, be it a new or used. Well, it’s true that the purchase of even a used truck is quite heavy on pocket. But, there are some market players like Shriram Automall who in association with Shriram Transport Finance Company doesn’t let you feel the burden on your pocket every time. Due to the presence of financial institutions across the nation, now everyone has a financial muscle for acquiring a pre-owned truck. The main reason for this is truck being valuable collateral, which ensures low risk for the lenders.

Whenever you decide to buy a pre-owned commercial truck, make sure that you are clear about the type that you wish to purchase. And that means it is mandatory for you to dig into every detail, like condition, year, model, etc. With this, you actually take your first step towards finance application. Shriram Automall in association with Shriram Transport Finance Company offers various loans for pre-owned trucks with minimum documentation.

Financing of pre-owned commercial vehicle which was a concern earlier has become a thing of past as now people are turning towards both SAMIL for buying used commercial vehicles & STFC for getting the same financed. Today the company has over 4.5 Lac transactions with finance assistance given for majority of sales.

As the company attracted the interest of huge number of customers now we have some other finance houses for financing pre-owned commercial trucks, however the loyalty that customers show towards SAMIL & STFC is something that is cherished & enjoyed by one and all. 

Read More

DOS AND DON’TS OF PURCHASING A PRE-OWNED COMMERCIAL VEHICLE

Are you looking forward to buy a Pre-owned commercial vehicle for your business? Great! That means your business is growing. But in case you are doing it for the first time, then be cautious as it can be a little intimidating thing to do. Do not relate it with buying a car because the check list that goes into buying a pre-owned commercial vehicle is quite different. To make things easier for you, here are some dos and don’ts of buying a pre-owned commercial vehicle.  

Dos

The vehicle Type

• Your decision for a purchase must be based on your usage of the vehicle. Depending on that you will decide the category of options available that you should explore. In case, you need it for transporting heavy goods, then a used mini truck will not serve the purpose.

Fuel

• Fuel is one of the most important considerations that you should look for. In case, you are hunting for a bigger commercial vehicle, then remember that it will consume more fuel. If your business can afford that level of consumption then only go for this option. Otherwise, you will end up in a big tension in future. Today there are a number of commercial vehicles that comes equipped with modern diesel engine that consumes less fuel & offers great mileage.

Don’ts

• Never go unprepared while you visit a dealer to purchase a used commercial vehicle. It is mandatory for you to have all the technical knowledge so that you can make the most appropriate choice and not just get influenced by what the dealer says.
• Never say ‘Yes’ until you are not sure about the used commercial vehicle. Because that will result in future problems. That’s why, it is necessary to physically inspect the vehicle through a test drive. Also make sure you inspect the vehicle in proper day light to check every aspect of it.

Now, after reading these dos and don’ts, if you wish to purchase a pre-owned commercial vehicle, then do get in touch with Shriram Automall India Limited (SAMIL). The company offers widest range of used commercial vehicles at optimal price through their Automall facilities across the nation.

“At SAMIL, we make consistent efforts in ensuring customer satisfaction through our bidding platforms. We serve a wide range of pre-owned vehicles and equipment with utmost transparency.” – Mr. Sameer Malhotra, CEO of SAMIL

Read More

Commercial Vehicles remain buoyant in June 2016

 

Talking about Tata Motors, the company has posted a decent growth of 14% in the month of June 2016 when compared to the same month last year. Another commercial vehicle giant after Tata which is Mahindra has posted 11% jump in sales when compared to last year.

While other players like Eicher & Volvo have posted double digit growth with 20.33% hike, Ashok Leyland, on the other hand registered 7 percent YoY growth with total 11,108 units sold in June 2016.

With good monsoon prediction this year should pave way for good CV sales, reasons like increasing diesel prices could dampen the growth, for a meanwhile only though. The cumulative sales in commercial vehicle segment in June 2016 stood at 78,292 units, higher by 10 percent than June 2015. The CV industry is expected to grow at a rate of 10-12 percent for FY 2016-17 and with the current sales, it looks achievable.

Meanwhile if you are looking to buy pre-owned commercial vehicles of all make and models that paying a visit to Shriram Automall will certainly help you out as the company offers widest line up of used commercial vehicles under one roof at optimal price.

Read More

Government To Make Two Drivers Compulsory For Commercial Vehicles

Government of India in order to improve the road safety is attempting to make a law to have two drivers compulsory for commercial vehicles. The aim behind the law is to enable a driver to have better rest on long & tiring journeys as well as enhancing the road safety by avoiding accidents caused by lack of sleep of commercial vehicle drivers.

The government in addition is also planning to ease the process of obtaining driving license for commercial vehicles by reducing the minimum education qualification. The central government is attempting to amend The Central Motor Vehicles Rules 1989 to legally bring about this change.

See Also: Tips for truck drivers while going for a long road trip

As the notice came out it was supported by some Value people like the director of the National Transportation Planning and Research Center (Natpac), B.G. Sreedevi, who welcomed this new initiative, said “We have come across several cases where the teenagers who do not even have driving license in driver’s cabin of these vehicles. The drivers in these vehicles that ferry goods inter-State are often found on the wheels for 18 hours at a stretch and this is a major concern,”

However to give you a sight of the other side the motoring authority will now have to put a strict check on the moving of these vehicles to make sure two drivers are present in the vehicle.

The additional burden to employ an extra driver to comply with the rule will definitely put an impact on the freight rates. This will definitely increase the jobs for drivers however the support people will now have to lose their job as the owners will prefer the extra driver to do the cleaning & food preparing jobs.

With these new rules targeting at road safety we hope to have a pleasant road experience even on long trips. If you are looking ahead to purchase used commercial vehicles than paying a visit to Shriram Automall will certainly result positive as the company offers a wide array of pre-owned vehicles under a single roof.

Read More

Safety Tips for Commercial Drivers

Driving trucks or other commercial vehicles is such a grueling task which requires proper concentration of the driver on the road.  Not only must commercial drivers adjust with other motorists, dangerous weather conditions, and wandering wildlife, but they must do so while operating large rigs, often carrying heavy and sometimes dangerous cargo. One mistake can cause large number of problems.

To help stay out of harm’s way, consider the following safety tips when driving:

• Maintain space between your vehicle and the vehicle in front of you.

• Do not tailgate. Be patient. Maintain proper space with the vehicle in front of you. According to studies, the most common vehicle trucks hit are the one in front of them, due to tailgating. The bigger the rig the longer it takes to brake and stop.

• If you are tired, pull off the road and take a nap. Arriving late would not cause much damage than sleeping while driving the truck.

• Strictly follow the rules that are applied to the commercial vehicle drivers. Not following the rules can lead to violating the rules and can lead to the problems in your career.

• Slow down in work zones. Close to one-third of all fatal work zone crashes involve large rigs. Plus, you could lose your commercial drivers license if caught speeding in a posted work zone.

• While driving for longer durations, try and take the breaks after every 2 hours to fight fatigue and remain alert.
• In winters be cautious and do not over speed. Fog can result in fatal crashes.

• Always drive below the posted speed limit to avoid any accidents and damage.

• Try to maintain a full fuel tank in winter driving to prevent water condensation from building in the fuel lines.

• Always have spare tires ready, especially while travelling on mountain regions.

• When pulled off to the side of a road, highway, or Interstate due to mechanical problems, always use flashers, reflective triangles, and even road flares to alert approaching drivers.

• Avoid idling while sleeping, loading or unloading.

• Give your truck ample time and space when slowing down for a complete stop. Use brake lights early. Most motorists don’t realize how long it takes for a rig to stop.

• It is recommended to use flashers while driving at a low speed for a long time.

• Avoid changing lanes again and again. Also check your side mirrors at interval of every 10 seconds.

• Signal early when approaching an intersection, giving other motorists ample warning of your intended direction.

If you are looking to purchase pre owned trucks or used commercial vehicles, the Shriram Automall India Limited is the one stop destination for you. SAMIL’s physical as well as online bidding platforms provide best of the used vehicles and other services to its customers. You can login to bids.samil.in to access to SAMIL’s online platform of bidding.

Read More

Winters Are Coming – Make Sure Your Used Truck Is Well Prepared

Winters are straight up ahead & you got to make sure that your trucks runs well day after day. So today we bring you the tips to take care of your used truck in winters:

Keep your trucks running at highway speed in extreme temperature so that it generates the required heat & power to keep the engine running.

Plug in the engine block heater on all diesel trucks every night - even when the temperature feels warm. The longer a truck sits, the more crucial it is to plug it on.

Avoid cold soaks. Cold soaks occur when the engine fluids and the steel of the engine block drop to medium temperatures. This happens when a vehicle sits for more than a day and it impacts starting and charging systems.

Base your fuel needs on your destination weather. Use winter weight fuel when driving north and consider fuel additives.

Check your tires often. Freezing temperatures can cause slippery driving conditions. Having correctly inflated tires in good condition will help prevent breakdowns and accidents.

Have drivers pre-trip their trucks daily. This should include inspecting their vehicle for frozen components like trailer doors, power cords, etc. If they have any safety, starting, fuel or heater defroster-related problems, drivers should complete a Driver’s Vehicle Condition Report so the issue can addressed immediately.

Always carry an emergency kit with you: extra gloves, boots and blankets; flares; a small shovel and sand or kitty litter; tire chains; a flashlight and extra batteries; and a cell phone and extra car charger. Put a few “high-energy” snacks in your glove box in case there is a situation of emergency. 

Winter truck maintenance tips exclusively brought to you by Shriram Automall India Limited (SAMIL) complete solution provider for the acquiring & disposal of used trucks in India. 

Read More

Benefits of Purchasing Pre-owned Trucks

Trucks in India are considered as lifeline for all major trade and commercial activities. They are considered very essential for smooth flow of commercial activities and are broadly categorized into three types, namely Heavy Commercial Vehicles, Medium Commercial Vehicles and Light Commercial Vehicles.

In spite of unorganized nature of companies engaged in movement of goods, truck operation in India seems to be fairly efficient. Today while purchasing any vehicle, people search for options to save their money; and considering this demand of people, many companies have come up with platforms to help customers acquire Pre-owned trucks or commercial vehicles easily. Acquiring used trucks online is a good option with many advantages such as listed below

PRICE

Reduced cost is one of the most important advantages to be considered while purchasing a Pre-owned truck. You can save your money as well as upgrade your choice to an upper model at the same time.

CHOICE

If you are considering acquiring a used vehicle, you can choose from a wide variety of options. This wider collection leads a lengthy search, but in the end a good truck deal will make all the pain dissolve. As it is said, no pain no gain. 

DEPRECIATION

Depreciation is another advantage of buying a used truck. All vehicles depreciate in value while new vehicles lose 30 percent of their value in the first two years, used vehicles depreciate slowly. There’s also less mental depreciation and less worries about modifications.

CHEAPER INSURANCE RATES

Like financing, insurance rates will be affected by the age of truck, but in this case the used ones finance tends to be less expensive.  Acquiring pre-owned truck will not only save your money, but will also allow savings on its insurance. Auto insurance companies typically charge less for a policy on a pre-owned vehicle as compared to a new one.

Confused about buying a used truck? Just connect with Shriram Automall India Limited (SAMIL) to get solutions for the demand of your pre-owned vehicles. SAMIL deals in commercial vehicles as well as non commercial vehicles and equipment and provide its customers with platforms from where they can acquire the vehicles of their choice. 

Pre owned trucks in India can be acquired through Shriram Automall online bidding platform or through company’s Physical Bidding platform. Connect with SAMIL to get the best and transparent deals and fulfill your need of pre-owned truck.

Read More

Top Trucks at Shriram Automall

Shriram Automall India Limited (SAMIL) is the leader in the Used Vehicle Industry, which provides the customers with the platforms for acquisition as well as disposal of the pre-owned assets. Shriram Automall has wide variety of commercial and non commercial used vehicles and customers can own their desired vehicle through SAMIL’s multiple bidding platforms.

SAMIL has huge collection of LCV’s, MCV’s and HCV’s. Customers can own second hand trucks very conveniently and with easy finance options. Customers can find a great variety of models in the SAMIL’s inventory. Some of the trucks available at Shriram Automall are listed below with their specifications –

Tata LPT 2515 (6X2)

Specifications

Specification	Tata LPT 2515 (6X2)
Engine Type	TATA 697 TCIC; Water cooled, direct injection diesel engine.
Fuel Tank Capacity	350 litres
Tyres	165/80 R14
Gross Vehicle Weight	25000 kg
Brakes Type	Dual circuit full air S-Cam brakes

EICHER 10.50 

Specifications

Specification	EICHER 10.50
Engine Type	E483 TCI
Fuel Tank Capacity	60 litres
Tyres	165/80 R14
Gross Vehicle Weight	5400 kg
Brakes Type	Front : Hydraulic Brakes, Rear : NA

Mahindra maxi truck 

Specifications

Specification	Mahindra maxi truck
Engine Type	MDI 3200TC K
Fuel Tank Capacity	45 litres
Tyres	195/80R15 LT
Gross Vehicle Weight	2.5 ton
Brakes Type	Front Brakes: Disc, Rear Brakes: Drum

Piaggio Ape Truck

Specifications

Specification	Piaggio Ape Truck
Engine Type	Twin Cylinder DI, 4-Stroke, Naturally Aspirated, Indirect Injection Water Cooled
Fuel Tank Capacity	28.0 litre
Tyres	155 R 13 Radial
Gross Vechicle Weight	1000 kg
Brakes Type	Hydraullic dual Circuit TMC Self Adjustment

To acquire second-hand trucks, you can connect with Shriram Automall India Limited. SAMIL’s provide hassle free services to its customers with its physical & online bidding platforms. Best price realization, quick deals & payment collection and other such services are exclusive to SAMIL. Acquiring a pre-owned vehicle has been made easy by SAMIL.

Read More