SAMIL, The Reselling Giant of Used Vehicle & Equipment

When you think about buying and selling your used vehicle or equipment you think about Shriram Automall and that is the change that the company has been able to bring in the industry and society within a span of just 5 years.

Connectivity along with complete trust is what the company has been able to serve through its 60+ well structured Automalls covering the entire country. Whether you are looking to buy or sell a used truck, construction equipment, car, tractor, two-wheeler or a three-wheeler, SAMIL has become the only place where customers like to visit to inspect from a wide range of inventory.

Hundreds of vehicles are sourced for every single event to select and bid upon. Customers feel happy to come and interact with the team to take idea on which vehicle to choose as per their business requirement.

Many people got their lives transformed after connecting with Shriram Automall India Limited, and succeeded in their businesses. In order to make dealings more efficient, Shriram Automall ensured to instigate these ground-breaking solutions of easy facilitation of Disposal and Acquisition of vehicles and Equipment. One of the customer that has been associated with Shriram Automall since a long time shared his experience of how stepped up the ladder of success after coming into the contact with the company.

 Clients Say:

“We are exceptionally happy with our decision to enter a tie up with Shriram Automall. Now we are in a comfortable position in parking and disposing of used vehicles in a very orderly manner. Shriram Automall is playing a perfect role in organizing the used vehicle market in the country. With SAMIL’s professional services we are able to get a very reasonable price for our vehicles within a short time in a hassle free manner”, said one of our esteemed clients in the baking & financial sector.

Customers Say:

“It was a great experience to be present at SAMIL’s physical bidding event and purchasing the used car I was looking for at an optimal price. I think I will now visit you more often.”

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India’s Leading Source for Pre-Owned Construction Equipment & Vehicles

Behind this impeccable journey lies the sheer determination of Mr. Sameer Malhotra (Director & CEO of SAMIL) who not only gave a commendable kick-start to this initiative but also made it reach top height within a mere span of three years. A veteran in the infrastructure, construction equipment and commercial vehicles industry, Mr. Malhotra has given 24 years of his expertise to the corporate world. With great strategic analysis and efficient management skills, the man has also served the world’s largest industrial auctioneer, India’s largest infrastructure finance company and India’s leading housing construction company. Aiming at a revolutionary entry, he had planned the introduction of SAMIL with an innovative concept of Automall for the exchange of pre-owned vehicles and equipment along with an objective to put an end to unreliable and conservative practices prevailing within the domain. Beginning with the first Automall launch in Chennai in 2011, the Company today enjoys a substantial presence across India with over 100 auction sites, including around 40 well-structured Automall auction sites. Through these auction sites and its online auction platform, the Company carries out nearly 200 and 400 auctions, respectively, every month. Apart from them, SAMIL’s one stop classified and private treaty contribute towards making it a complete solution provider within the market.  

Catering to a huge variety in the pre-owned construction equipment segment, including hydraulic excavator, wheel loader, rock truck, loader backhoe, crane, motor grader, crawler tractor, piling rig, pipelayer, forklift and many more, SAMIL facilitates their buying and selling in an extremely organized manner. Through well-structured bidding processes, high level of transparency and a team of qualified professionals, the Company gains an edge over other players in the Indian market. It is like a one-stop platform where every requirement related to pre-owned construction equipment is met with utmost passion for the segment.

Read more at 

http://www.sooperarticles.com/automotive-articles/indias-leading-source-pre-owned-construction-equipment-vehicles-1381918.html

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SAMIL targets 30-50% growth in FY 2014-15

With huge demand generating in the pre-owned segment of vehicles and equipment, SAMIL aims for 30-50% growth in FY 2014-15. The company plans to touch a figure of Rs.100Cr for its service charges which is 3-5% on average ticket size of Rs 1.75-2 lakh.

After recording 50,000 transactions in the last fiscal, SAMIL has already gone beyond a number of 1 lakh in transactions for the current fiscal. On a monthly basis, the company conducts 10,000 transactions on its physical bidding platform and about 2,000 transactions in its online space.   

SAMIL’s Automalls across India, witness a footfall of 500-1,000 people every day while the invitation is sent to around 20 lakh customers in a month through advertisements in SMS, newspapers, tele-calls and other mediums.

Around 50% of the company’s revenue is generated from South India and the remaining part of Indian operations makes contribution in equal proportion with reference to its fee income.  

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Various methods of selling used construction equipment.

The trade of used construction equipment is a substantial part of automobile industry 

While selling heavy equipment, some people prefer a quick transaction and some wait for the best possible price. This way, the entire process looks simple but in real there are various complications involved due to different sales options along with constantly evolving business demands. Simply finding an appropriate potential buyer is just a one motto achieved out of a plethora of others tasks. All you need is an apt way to disperse your used equipment. Let’s take a look at various methods of selling used construction equipment.

Unreserved Auctions.

In an unreserved auction, there is no minimum or maximum bidding price. In such a scenario, there is a great opportunity to showcase your used equipment in the presence of a large number of bidders. This is because; the footfall in such auctions is always denoted by a huge number. Due to great competition, that is generally built up in this case, one certainly gets a good value for the used construction equipment.

Reserved Auctions.

In this case, there is a fixed value for the lowest and highest bid. If the maximum quoted bid is not equal or more than the already set amount, then seller has all the rights to reject the bid. The main benefit is the certainty of an amount which will not be changed at all.  

Private Sale.

This is a very common way of disposing used construction equipment. You can either personally contact the equipment users or place an advertisement in newspaper or online. In case of favourable market condition, there are great chances of extracting good returns from a deal.

Hope you like the entire process of selling used equipment or vehicles.

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We at, Shriram Automall India Limited (SAMIL) facilitates the trade of used vehicles and equipment on various structured bidding platforms. With quality services, the company serves a plethora of options in its used construction equipment segment.

“SAMIL always aims at delivering high quality services in its offerings. Through credible deals, the company will carry on its business towards great heights.” -  Mr. Sameer Malhotra

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