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.  

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Shriram Automall India Limited Tied Up a Knot with State Bank of India for Its SME Segment

Shriram Automall India Limited as a part of their endeavor to reach out to all the customers throughout the country is sprawling in every nook and corner of the country through 70+Automalls and 150+ bidding locations.

SAMIL strongly believe in building relationships through multi tasking services and platforms which makes the company an accomplished asset to the market of pre-owned vehicles and equipment.

Recently company which is a 100% subsidiary of Shriram Transportation Finance Company (STFC) joined hands with SBI on 10th October, 2017 in Mumbai for Its SME Segment.

Company is already a big hit for being the no.1 serviceprovider for acquiring and disposing used vehicles and equipment offering negotiated deals with complete transparency through diversified bidding platforms.

Now company with its tie up with a well known financial institution, marks a successful commencement of its association with the bank and extends the benefits of its holistic solutions for the disposal of all types of pre-owned vehicles and equipment. Under this alliance, Shriram Automall will cater to all the segments of the State Bank of India, including pre-owned commercial vehicles, construction equipment three wheelers and twowheelers.

State Bank of India will gain utmost benefit of SAMIL’s one of its kind facilities as the service provider will certify the market value of every vehicle while helping in making the optimal decision.

Moreover, the 24*7 parking facility will ensure safety of vehicles and refurbishment facility will make sure to get the maximum value on used vehicles.

One can simply visit the nearby Automall, and experience the best him/herself.

In the fast moving world, where luxury is the major demand, company has also launched “MY SAMIL App” & facility like “DESKTOP BIDDING”, for its customers by which, interested buyers can participate in the live bidding events from anywhere and everywhere.

If you as well is looking forward to acquire or dispose your most possessed asset, SAMIL is the best choice to make. Simply visit your nearby Automall, or download “MY SAMIL APP” to go through the vast inventory they have for you. You can also click the link below and register yourself and go through the huge line up of segment they have to offer right now.

https://goo.gl/tk9WYw 

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

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Construction Equipment Industry Expecting to Reach 30% Growth in FY18

Infrastructure growth holds the key to the industry realizing its potential in India. In the 12^th Five Year Plan, the government has earmarked approximately $1 trillion for infrastructure investment, with 40% of the funds to come from the private sector. In order to attract such investment, the Indian government has eased Foreign Direct Investment (FDI) norms for quite a few sectors of infrastructure development.

This is likely to spur the demand for the earthmoving and construction equipment, and if the industry's full potential is realized, the result could be a $16 billion to $21 billion industry by 2020.

Shriram Automall India Limited (SAMIL) the largest player in the used vehicle & equipment market understands that Indian Construction equipment segment is the most volatile segment of the industry.

As the segment faces ups & downs on regular basis. In 2007, for the first time it faced demand exceeding 50,000 units in India. Since, then due to modifications in the infrastructure, construction and mining sector in India, construction equipment segment has become one of the fastest growing segments of automobile industry in India.

In terms of the number of units sold, the Indian construction equipment market is dominated by six machine types. Of these, backhoe loaders, crawler excavators, mobile cranes and wheeled loaders face quite more demand.

At SAMIL, professional team for this particular segment while anticipating the customer demand and requirements make sure to provide best in class used construction equipment of every make and model at optimal prices through most reliably transparent platforms i.e. Physical Bidding, Online Bidding, Desktop Bidding and MySAMIL Mobile App.

In FY 2016-17, total of 68,000+ equipments were sold. Similar growth was witnessed in beginning of FY2017-18. Thereby the growth has been witnessed despite GST on construction equipment remaining at highest bracket of 28%.

Sameer Malhotra (CEO, Shriram Automall) added “2017, has been a great year for both new and used construction equipment industry. As the construction equipment sector grew 25-30% in August and September this year and thereby I am expecting similar performance for the rest of FY18. There have been some challenges but August and September numbers show that GST has been positive for the industry)

If you are looking forward to acquire a used construction equipment of your choice, visit your nearby Automall today or simply click the link below to register yourself or Download MySAMIL App.

Link: https://goo.gl/tk9WYw 

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

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This October - Festive Cheer Drove Used Car Sales

Automotive industry is as we all know one of the leading industries globally. Indian Auto industry, one of the biggest and most competitive industries in the Market, plays quite an important role in Indian National Economy, while contributing to 7% of country’s GDP.

Shriram Automall India Limited(SAMIL) – The No.1 Choice for used vehicle and equipment transactions in the country is a company that offers multiple bidding platforms to bid and acquire used vehicles or equipment of every make and model. SAMIL’s online bidding facility is one such method of acquiring pre-owned vehicles and equipment.

The festive season brought cheer to the new and used vehicles industry, especially in the organized segment. Demonetization and implementation of goods and services tax (GST) which had delayed car purchase decisions, led to a latent demand, which resulted in a spike during the festive season.

SAMIL itself being the largest organized service provider of used vehicles and equipment in the country received huge demand for used vehicles and equipment in the festive season.

While the year-on-year (YoY) growth in October so far is in the range of 15-20 percent, the growth over September 2017 in the used vehicles space has been a staggering 40 percent.

In 2016 used car sales had beat new car sales as such. Around 3 million new cars were sold in the domestic market last year, while 3.5 million used cars were sold. While the new car market has been growing at 8-9 percent, the used car market is growing at 15 percent.

According to the survey, this year both September and October have had the benefit of festive demand; however, demand has been good for October, growing 30 percent over September.

If you as well are looking forward to acquire the used vehicle or equipment of any make and model, visit your nearby Shriram Automall today.

As while acquiring used you can get the better model without hampering your budget. Thereby it’s not only economical but also a smart way to get what you want. So, what are you waiting for visit your nearby Automall today or click the link below for easy registration.

https://goo.gl/tk9WYw 

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

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SAMIL’s Top 5 Used Passenger Vehicles Spotlight

Shriram Automall India Limited (SAMIL) has always fulfilled all requirements of pre-owned vehicles never disappointed the used automotive industry and its customers. As the aim to be there for every used vehicle & equipment demand/requirement in the country has helped the company to keep it’s most intensive inventory updated with all types of used automotives of every make and model.

From the record of becoming the No.1 Used Vehicle & Equipment Transaction Platform in just a span of 6 yrs, we can figure out that company is not only No.1 but also the OneStop Solution provider in the country.

You can find used vehicles like Cars, Bikes, Scooters, Buses,Trucks (HCV, MCV, LCV) etc. and used equipment like Agricultural Equipment (Tractors, Harvesters etc.); Construction, Earth-moving  Equipment (Excavator, Back-hoe Loader, Cranes, Concrete Mixtures etc.) in any and every 70+ Automalls of the company that are sprawling in entire country in every nook and corner.

But today let’s have a look at the most in demand used passenger vehicles in the SAMIL’s inventory.

Company opens the gate of their huge inventories in the country, for its customers to inspect and choose the best used passenger vehicles for their requirements.

So, if you as well are looking to buy or sell any used vehicle & equipment SAMIL is your one stop trustworthy solution, which with transparent negotiable deals through different platforms will provide you the memorable customer experience.

All you have to do is click this link: https://goo.gl/tk9WYw 

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

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SEPTEMBER 2017 – AUTOMOTIVE SALES ANALYSIS!

Despite shock prevailing post-demonetization market, the Goods and Services Tax enforcement and the ensuing slowdown, the September sales for automotives in the country have been positive.

Major car manufacturers saw good growth momentum continuing in September on festive season demand and strong performance from new launches. Now, with the festival of lights round the corner, sales across the spectrum of vehicles are set to get a further boost that should end FY18 on a bright note for the Indian automotive industry.

Passenger Vehicles

In the passenger vehicle segment, most of the carmakers managed a double-digit growth with SUVs boosting sales.

Passenger Vehicles - 2017 Sales
COMPANY	Sept-16	Sept-17	% Change
Maruti Suzuki India	137,321	151,400	10.3
Hyundai Motor India	42,605	50,028	17.4
Mahindra & Mahindra	20,537	25,327	23
Honda Cars	15,034	18,257	21
Tata Motors	14,601	17,286	18
TKM	12,067	12,335	2.22
Ford India	9,108	8,769	-3.7
Volkswagen	3,929	4,603	17.15

Two-wheelers

Riding on robust demand for its two-wheelers, Hero Motocorp posted its highest-ever sales for any month, dispatching 7, 20,739 units in domestic sales in September 2017, a growth of 6.7 %. This milestone was achieved on a huge base of 6, 74,961 units, registered in the corresponding month of the previous year.

Two-wheelers - 2017 Sales
COMPANY	Sept-16	Sept-17	% Change
Hero Motocorp	674,961	720,739	6.7
Bajaj Auto	230,502	247,418	7
Suzuki Motorcycle	37,057	50,785	37.04
Royal Enfield	56,958	69,393	22

Commercial Vehicles

Commercial Vehicles continued to grow with Tata Motors recording a sales increase of 29 % in the domestic market at 36,679 units over September 2016.

Commercial Vehicles - 2017 Sales
COMPANY	Sept-16	Sept-17	% Change
Tata Motors	23,464	31,566	34
Ashok Leyland	10,897	13,634	25.11
M&M	16,081	19,201	19
VECV Eicher	4,148	5,084	22.6
VECV Volvo	109	149	26.84
Bajaj Auto	44,789	59,074	32

As ratio of Used Automotive to that of the New One is 1:1, Used Automotive Industry is also on the road towards growth. So if you are looking forward to acquire or dispose used vehicle or equipment at optimal prices, visit your nearby Shriram Automall today.

Shriram Automall IndiaLimited (SAMIL) the No.1 Used Vehicle & Equipment Provider in India, through its extensive line up is the leading service provider.

You can also click the link below for convenient registration.

Link: https://goo.gl/tk9WYw

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

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Shriram Automall Providing Used Commercial Vehicles Commercially!

Commercial Vehicle manufacturers and government, while making efficient changes in upcoming models, look forward to improve the on-road experience of drivers along with their safety. Through these effective measures, India has now become the 5th largest commercial vehicle manufacturer in the world.

Thereby Indian commercial vehicle (CV) market which has already surged over the past decade is now able to foresee the growth at CAGR (Compound Annual Growth Rate) in near future.

Shriram Automall India Limited(SAMIL), Largest Platform for Acquisition & Disposal of Used Vehicles and Equipment in India, while playing its part in National Development, help used commercial vehicle segment to grow. As company make sure to provide commercial vehicles of all make and models available for customers all over the country at optimal prices.

Company’s used CV lineup includes everything from day cabs and box trucks to dump, refuse, tanker and sleeper trucks. Not just that acquiring a used commercial vehicle from SAMIL is also cost saving, which means you can afford a top brand you wouldn’t be able to if it were new while acquiring the used one.

 Another perk is the lower rate of depreciation. Like cars, once you drive a new truck off the lot, you instantly lose about 20% of its value. But by acquiring the used one, depending upon the age of the vehicle, you may still be able to get the benefits of newer technology and better fuel economy.

Even with so many pros to offer SAMIL understands it isn’t always easy to find the right used CV in excellent condition. Thereby Company offers the huge line up in all of its 70+ Automall facilities across the country. There with a good visual and mechanical inspection, you can quickly learn whether a used commercial vehicle justify your value for money or not.

So, don’t wait or you might miss the chance of acquiring the right one for yourself.

Visit your nearby Automall today or download our very own mobile app “MySAMIL App” to learn more about us and our inventory. You can also through Live Bidding Platform acquire the choice able used CV from the app.

Link: https://goo.gl/tk9WYw

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

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Learn Why Shriram Automall’s Live Bidding Events are one of the kind!

 Technology now days is getting advanced at a robust speed. In the technologically driven world Shriram Automall India Limited has brought the Live Online Bidding Events for its customers, using which they can participate in the event on real time basis with Physically Live Bidders from anywhere and everywhere.

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SAMIL Along With STFC Creating the Onestop Destination for Pre-Owned Vehicles & Equipment!

Shriram Automall India Limited(SAMIL), the name of trust and reliability, is the 100% subsidiary of Shriram Transport Finance Company (STFC). STFC is one of the largest asset financing NBFCs in India with a niche presence in financing pre-owned trucks and Small Truck Owners (STOs).

India is known to have the biggest automobile markets and also is presently the leading one when growth is concerned. The passenger and commercial Indian automobile industry is among the top ten on global scale of its kind.

Ratio of used automotives to that of the new ones being 1:1 has encouraged SAMIL to create a name for itself in the market. With the vision to be the largest exchange platform for trading pre-owned vehicles having tangible physical presence spanning all major cities of India, company is committed to total customer satisfaction.

Now, with STFC very successfully SAMIL has created a market place well known as Onestop Destination for used vehicle and equipment transactions along with services like Finance.

So, now you cannot only acquire the best pre-owned vehicle of your choice from best in class inventory of Shriram Automall, but can also acquire the easy Finance facility from STFC for convenient buy.

Company being the No.1 Platform for used automotive transaction understands that choosing the right loan provider is just as important as finding the right pre-owned vehicle. Therefore, company along with STFC aims to make it as easy as possible to purchase an affordable used vehicle or equipment at the best EMI tenure.

Company offer great used vehicle or equipment loan interest rates. Therefore now Shriram Automall is the answer to all your doubts and queries. As at the Automall you can both acquire for your desired used vehicle or equipment and finance facility all along.

So, what are you waiting for visit your nearby Automall soon. You can also click the link below to register yourself or to download company’s mobile app.

Link: https://goo.gl/tk9WYw

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

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