• 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.!!
Showing posts with label truck financing. Show all posts
Showing posts with label truck financing. Show all posts

Tuesday, 26 July 2016

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)

Friday, 22 July 2016

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

Thursday, 21 July 2016

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.