NEW MEDIA – A REVOLUTION IN THE TRADE OF USED VEHICLES & EQUIPMENT

With the growing prominence of new media, trading has enhanced its horizon to a great extent. The online platform is flooded with various products to facilitate their business. Used vehicles & Equipment market also promises a huge potential. Today people do not want to waste their time by visiting the dealers to get information or to bargain the price. Today’s buyer is smart & do not want to waste any time in buying whet ever he requires.

Same goes to buying/selling of used vehicles & equipment, today customers does 100% of their research online before making any decision. He is not influenced by fake promises that dealers used to make in order to make a transaction. Customers is now aware what the price of used vehicle should be in various scenarios be it years of usage, assets condition & number of owners etc. Based on these points customer makes a sound buying decision.

Shriram Automall India’s most trusted brand for exchange of used vehicles & equipment in a transparent manner wants to be on the lane page with its customers & that is the reason why the company has launched various platforms that helps its customers buy/sell their used vehicles or equipment in the comfort of their home.

A Dedicated Bidding Website – bids.samil.in is a dedicated websites developed & managed by the company that facilitates easy & transparent exchange of used assets. SAMIL has ensured to make its UI easy and interactive for novice users and with the help of the training module available for free, customers can participate in the bidding event from their home.

Mobile Application – Shriram Automall Mobile Application is aimed to simplify the process of bidding along with the process of registration and RSD (Refundable Security Deposit) payment etc among the others. By using the application, a customer can easily get registered by filling a form with his/her personal details along with uploading the KYC documents, pay the RSD (Refundable Security Deposit) amount through credit or debit card, net banking, mobile wallet and IMPS, participate in physical bidding auctions and contact the nearest Automall. The application will not only give real time access to all physical bidding events but also provide detailed information about available inventories of live & upcoming scheduled bidding events.

The application is 100% free and can be downloaded directly from Google Play Store just by searching ‘SAMIL’

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FY 2016-17 began with a positive note for all segments

Year 2015-16 which ended on a positive note for the automobile industry speculated the year 2016-17 to further increase the demand considering the factors like introduction of 7^th Pay commission, price of petrol & diesel and lower rate of interest. Proving all the factors right the month of April witnessed good number of sales in all segments in spite of price hikes by automakers which has boosted the momentum.

All major OEMs posted a good number of sales growths in comparison to April 2015. Festive mood of people thanking the occasions of New Year (Gudi Padwa, Baisakhi, Vishu, Bihu, Ugadi and Cheti Chand) offers. Top passenger vehicle players like Maruti Suzuki India, Hyundai Motor India and Mahindra & Mahindra – posted healthy sales figures to kick-start 2016-17 on a high note. Like the last fiscal, the medium and heavy commercial vehicle (M&HCV) segment continues to grow in double digits but importantly light used commercial vehicles have posted positive numbers, signaling overall growth in the sector.

The only negative factors which lead to decline in the sales of Diesel vehicle is the continuing diesel vehicle ban above 2000 cc in the National Capital Region because of which some major OEMs like Honda, Toyota, Mercedes etc. were not able to pull through the last year sales, however they are confident that this year will be a good one and all the arrears will be met with high number of sales.

Meanwhile the sales of used vehicles & equipment are also on a record high thanks to coming of organized players in the industry like Shriram Automall. The company offers widest range of used vehicles & equipment of all make and models under one roof to choose from at competitive price.

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Auto Industry Backing Governments Plan to Retire Old Vehicles

Governments plan to retire old vehicles of 15 years and above is a news of past, it is currently working on planning an incentive scheme to excite owners to voluntarily retire their old vehicles. Now the auto industry is also baking the government’s decision by offering direct discounts over above government’s incentive scheme.

Government as per latest reports is awaiting a final plan of action from its authorized agency for retiring old vehicles. A person who opts to retire his vehicle will get a certificate from registered scrapyards, which could be used to avail incentives (such as tax rebates) from the government.

Meanwhile respecting the demand from the government the automobile industry will also be offering additional benefits over and above the government incentives like discount on purchase of new vehicle if a person provides the certificate of scrapping to the dealer.

This new move is intended to enable the entry of cleaner vehicles on the roads that emits less pollution when compared to the old ones. Also the move when implemented will also increase the demand for new vehicles all around the country as large number of people will opt to change their old car amid the incentives they will be getting.

As per the words of the ministry officials the policy will still take around 6 months to get implemented in full swing.

While the policy is still a work in progress you can in the meanwhile sell your used vehicles at Shriram Automall anywhere in India. The company follows an easy process to buy or sell used vehicles in India through their transparent bidding platforms. 

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Shriram Automall’s Strong Presence in Tier-II & Tier-III cities

Shriram Automall – India’s largest service provider for exchange of used vehicles & construction equipment has a strong presence all over the country, currently the company operate through 56 well structured Automalls ranging from National highways to even remotest corners. Talking about the Tier 2 & Tier 3 cities we are planning to expand in cities like Agra, Aligarh, Coimbatore, Dhanbad, Mangalore, Nagpur, Nashik & Solahpur, where people from these locations will get benefit through our professional services.

60 inaugurated Automalls is the number the company aims to achieve by the end of FY 15-16 & 70 by the end of FY 2016-17, in both Tier-II & Tier-III cities the strong presence with top performing Automalls like like Trichy, Madurai, Pondicherry, Salem, Tirunelveli, Coimbatore, Vijayawada, Warangal, Visakhapatnam, Hubli, Nellore, Patancheru and Rajahmundry generates majority of the business. We see a good demand for Agricultural Equipment, Passenger Vehicles & Two Wheelers in these cities.

When we talk about cities of different tiers we find huge difference in the mentality of customers. Talking about the customers from metro cities, these people are relatively easier to convince & persuade. They don’t come with a specific vehicle requirement in mind & can opt for other vehicle options in case of unavailability of a specific model. They prefer to communicate in English & takes less time in making a buying decision. Mostly we see they demand for used PVs, Fleet of Trucks etc.

On the other hand the customers from the tier 2 & tier 3 cities are more rigid on the choice of vehicle they want, they prefers to communicate in their regional language, takes time in deciding the vehicle of their choice. They consider price as one of the most important factor before buying a vehicle. Majority of vehicles they demand are tractors & Passenger vehicles.

Shriram Automall aims to strengthen its presence in these areas through our upcoming Automalls in cities like Agra, Aligarh, Coimbatore, Dhanbad, Mangalore, Nagpur, Nashik & Solahpur, where people from these locations will get benefit through our professional services. 

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Automobiles, all set to cost more in Maharashtra

Automobiles like bikes, cars, scooters, public transport, and auto rickshaw will now cost more in Maharashtra as the government has proposed to hike the Motor vehicle tax on all vehicles in order to fight one of the worst draughts in the state’s history.

Source - http://economictimes.indiatimes.com/

Finance Minster of Maharashtra Sudhir Mungantiwar presenting budget on Friday said “the government will revise the existing Motor Vehicle Tax system. “Instead of levying tax on the basis of whether the vehicle is registered as a personal vehicle or company or office vehicle, we now propose to levy Motor Vehicle Tax on the basis of the cubic capacity of the vehicles”

Under the revised system of tax, private vehicles of up-to 99cc will have 8 per cent tax, those between 100cc and 299cc 9 percent while the ones above 300cc will be taxed 10 per cent. In case of a company or any undertaking the vehicles will attract just the double of the new proposed tax. For example a company vehicle above 300cc will attract a tax rate of 20 per cent now.

The state will continue to tax more on petrol & diesel due to draught in state & aims to earn overall net additional revenue of Rs. 363 Cr.

With the rise in the tax structure for new automobiles we will see a positive incline of people to buy used automobiles in order to save them from paying the extra amount. The ratio between new & used vehicle ratio has always been 1:1 most of the times, however with these changes in tax we can expect the ratio to change & used vehicle segment to attract more buyers.

If you are looking to buy a usedvehicle in Maharashtra than Shriram Automall is the right place to come. The company offers widest range of all used vehicles & equipment including construction equipment, commercial vehicles, agricultural equipment, passenger cars and two & three wheelers. 

You can visit the companies Panvel, Aurangabad, Chandrapur and Mumbai Automall to buy the best used vehicles easily.

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Ford launches its all new Endeavour 2016

The world of SUV’s in India has been dominated by not much of players other than the Ford, Toyota & some premium brands lime Audi & BMW. Lately we have observed immense competition between the Ford Endeavour & the Toyota Fortuner, however the later went to miles ahead due to its latest technology & up to date features. However now the Endeavour is back with its all new model since 2009 to take the competition on its head & prove its metal again.

 

(Image Source: img01.ibnlive.in)

 The all new design gives it a bulky look & makes its better looking than its predecessors. Sporting a bright red color the SUV definitely stands a step ahead when compared to its competition. New styling elements like LED daytime running lights, skid plate and a humongous grille makes it a class apart.

The company has managed to deliver a classy interior with a combination of beige & black color with an up to date infotainment system dominated by a 8 inch TFT touch screen having the SYNC 2 Infotainment system. Big & fully automatic steering wheels that have features to control your music system, answer calls etc.

See Also: Shriram Automall Live Bidding Demo at Auto Expo 2016

The all new SUV comes with two engine options. There is a 2.2 diesel with 158 bhp and 385Nm while the more powerful 3.2 diesel offers 197bhp and a massive 485Nm of torque. The 2.2 engine version has option to choose from either 6 speed manual gear box or an automatic one however the 4x4 version only comes with manual gearbox. 

When compared with the earlier version the major difference except the design is the ride quality which has increased tremendously. Now there is less bounce & shock even on bad roads. It also promises to be excellent off-road with a ground clearance of 225 mm and water-wading capability of 800 mm along with an intelligent four-wheel drive system, an active transfer case with Torque on Demand and Terrain Management System.

The company plans to showcase the SUV at during the Auto Expo 2016 with another biggie named the Mustang.

Shriram Automall is also participating at the Auto Expo 2016 & will showcase a demo of its physical bidding event at 12, 3 & 5 PM all days. Subscribe here & get a free goodie at our booth no E3A, hall no. 2 & also get live updates of the event.

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Why Choose Shriram Automall for Used Vehicles

Shriram Automall – Country’s largest & the most organized player for exchange of Used Vehicles & Equipment.

Visit us at Auto Expo – The Motor Show 2016 at Stall no E3A, Hall No. 2.

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Ban On Diesel Vehicles Above 2000cc Boosted The Used Vehicles Market Growth

The new law by Supreme Court for ban of diesel vehicles above 2000 cc comes in as a breath of fresh air for the used car market industry. With the date of effect of the ban the market has seen a steep increase in the number of enquiries for the affected models.

Large manufactures including Audi, Mahindra, Ford, BMW, Hyundai, Tata and Toyota are witnessing major decline in enquiries of new their makes. Top models that are mainly effected includes include Toyota Fortuner, Mercedes A Class, Ford Endeavour and Porsche Cayenne. On the other hand enquiries & page views for all the above in used car segment has been increased.

 

See Also: Mahindra to launch KUV-100

 

In an immediate effort to curb rising pollution Supreme Court has banned the registration of luxury SUVs and diesel cars above 2000cc in the national capital as diesel cars are believed to be a major source of vehicular emissions.

In Delhi alone, 1400 diesel vehicles are registered every day, 30 per cent of these being strapped with engines of 2000 cc and above. It is the largest luxury car market in the country for car makers such as Mercedes, Audi and BMW making up for as much as a quarter of 38,000 luxury cars projected to be sold in the country by the end of this year.

The used vehicle market which is growing at 15-20% per annum is likely to show an increased growth this year due to the diesel vehicle Ban in the city. Now organized players like Shriram Automall who facilitates transparent exchange of used cars in India is making sincere efforts to offer widest lineup of used diesel vehicles in the city to help people overcome this problem in an easy way.

Shriram Automall is India’s first & largest platform to offer exchange of used vehicles at best price & time.

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HOT Sellers at Shriram Automall

Planning to acquire a used vehicle or equipment, but is confused where to head to?
Connect with Shriram Automall India Limited which have the most reliable and transparent bidding platforms. Shriram Automall will prove to be a very useful service provider as they enable you to own the vehicle or equipment of your choice easily. Online bidding, Physical Bidding, One Stop Intranet Kiosk and Private Treaty options are available at Shriram Automall from where you can acquire as well as dispose the pre-owned vehicles and equipment.

Here are some of the top sellers by Tata at Shriram Automall you should consider:

Tata Magic

(Image Source: magiciris.tatamotors.com)

Specifications	Tata Magic
Engine	4 stroke, Naturally aspirated, Indirect injection, Water cooled diesel engine
Brakes	Front Disk, Rear Drum brake
Fuel Tank capacity	30 Litres
Transmission/Gearbox	4-Speed Synchromesh Gearbox
Top Speed (KMPH)	64
L*W*H	3790*1500*1845
Ground Clearance	160
GVW	1600kgs

Tata Ace

(Image Source: motorbash.com)

 

Specifications	Tata Ace
Engine	1.4 Litre Dicor(Common Rail)BS4 Diesel Engine
Brakes	Front Disk, Rear Drum brake
Fuel Tank capacity	38 litres
GVW(KG)	2250 kg
Load Body	2630 x 1460 x 300
Gear Box	Synchromesh (5 forward gears) Sliding mesh (reverse gear)
Suspension	Front:-Independent, strut type. Rear: - semi elliptic leaf spring.
Top Speed (KMPH)	125kmph

Tata LPT 2515 CUMMINS

(Image Source: daisygroup.co.in)

 

Specifications	Tata LPT 2515 CUMMINS
Engine	TATA 697 TCIC; Water cooled, direct injection diesel engine.
Service Brakes	Dual circuit full air S-CAM brake .
Suspension	Front- Semi elliptical leaf spring with axle stopper; Hydraulic double acting telescopic type Rear- Semi elliptical leaf spring
Fuel Tank Capacity	150 litres
GVW(KG)	25000 Kg
Gear Box	Synchromesh on all forward gears & constantmesh on reverse gear
Tyres	165/80 R14
Top Speed (KMPH)	81

See Also: Tips to avoid traps while looking to purchase used cars

Tata LPT 3118

(Image Source: bafnamotors.in)

Specifications	Tata LPT 3118
Engine	CuMmins 6BT 5.9 180, Water-cooled Direct Injection Turbo-charged
Transmission	Manual
Suspension	Front: Parabolic/Semi-elliptical in front Pneumatic Suspension at Lift Axle Rear: Bell-Crank With Multi-Leaf spring
Brakes	Air Brakes
Gear Box	6- Speed
Fuel Tank Capacity(l)	400
Max Speed	80 km/hr
GVW(KG)	31000

Tata Indica V2

(Image Source: thehindubusinessline.com)

 

Specifications	Tata IndicaV2
Engine	1.4-litre 69.01bhp 16V CR4 Diesel Engine
Acceleration (0-100 kmph)	14.5 Seconds
Fuel Tank Capacity	37 Litres
Gear Box	5 Speed
Brakes	Front: Ventilated Disc Rear: Drum
Top Speed	155 Kmph
Suspension	Front: MacPherson Strut Rear: Semi-Trailing Arm
Seating Capacity	5

Tata Nano

(Image Source: carcomparisons.in)

 

Specifications	Tata Nano
Engine	624 cc, 2 cylinders Gasoline, MPFI
Gears	Four forward + one reverse speed Five forward + one reverse speed
Brakes	Independent dual circuit, hydraulic brake operated by tandem master cylinder with vacuum booster
Fuel Tank Capacity	24 Litres
Top Speed	105 kmph
Seating Capacity	4 persons
Suspension	Front: Independent, lower wishbone, McPherson struts with gas-filled dampers and anti-roll bar. Rear: Independent semi trailing arm with coil spring and gas filled shock absorbers
Transmission	Manual Easy Shift (Automated Manual Transmission) with Sports Mode & Creep feature

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