second hand cars Archives

High demand for used cars priced from INR 4-6 lakhs

Used car companies such as Spinny are experiencing heavy demand for vehicles priced between INR 4-6 lakhs these days. According to Spinny, this interest has not varied owing to the Corona pandemic, and it was the same prior to lockdown as well.

The country's leading automotive manufacturer, Maruti Suzuki, is registering higher sales from True Value, its used car division, than from its new car retail arm. While the demand is certainly shifting towards used cars, people are also holding their cars back longer now, due to which sales are not as high as they should be.

Used Maruti Swift

Cost of mobility

Tremendous importance is being given to personal mobility ever since the pandemic struck. However, no one is really keen to spend a bomb on it; all consumers really want is to get transported from one place to another, and this job can be done really well with the help of a used car.

Two wheelers owners rejoice!

A second…

What is Pre-Purchase Inspection of a second hand used car

The second hand used car industry is rapidly growing in India and has got a boost in the last five years. The used car market is evolving and gradually going to give stiff competition to the new car market. In today's generation, people prefer to purchase a second hand vehicle, which could save some money without compromising their needs and requirements. The used car industry is now completely transparent, and one can easily trust the certified dealers. But still, many people are not sure of purchasing a used car. Therefore the customers have the opportunity to assess the second hand car before buying. This whole process is called Pre-Purchase Inspection (PPI). It is a very beneficial process before buying a vehicle and can help clear all the doubts about the old car.

What is Pre-Purchase Inspection (PPI)

In the pre-purchase inspection of a second hand used car, a certified and qualified mechanic or a technician assesses the car. The examination is very cr…

Steps to take care before buying second hand cars

Second hand car market in India is rapidly growing and improving day by day. People usually prefer to buy a pre owned car as compared to the new one. It saves a huge amount of money and makes it possible to buy the dream car you want in that tight budget. The second hand car market is now more organized, fluent, and can get you the best experience possible. But still, you must know some important things to take care before buying for a pre owned vehicle. Hence to make your work easier, we have make a guide and listed down the essential things to take care before making your purchase.

Know Your Budget

The first and the primary point to think upon is your budget. Decide a rough budget that you can spend on the purchase. Also, make your mind clear on how much you can stretch your budget. Today's dealers are very sharp and can easily convince you to extend your budget. Also, today's pre owned car market is such evolved that you can purchase your car through …

Best Second hand car dealers in Noida, Uttar Pradesh

Buying second hand or used cars is not an easy task to do. And it becomes more complicated when there are many options available in a small price bracket range. Therefore to find the best car dealers to whom you can trust and expect the best experience plays a significant role in any customer's journey of buying a second hand car. Hence we bring you some of the best second hand Car Dealers in Noida, Uttar Pradesh. These are the trusted places to buy a well furbished used car.

Honey Car Bazar

Honey Car Bazar is one of the top dealers of second hand vehicles. The dealership has an experience of over 30 plus years and hence have gained the trust of their clients. They believe that customer satisfaction is equally crucial to the products and services offered. The company deals in various companies like Hyundai, Maruti Suzuki, Chevrolet, Ford, etc. Anyone who is looking for refurbished cars can check them out for unique models and best prices.Address: Shop No …

Some guidelines for getting used car loans in India

A lot of information about loans for new cars is easily available over the Internet. However, there are few sites providing accurate information on second hand car loans and adequate details are also not available. The following article tried to throw some light on the general rules for used vehicle loans, but in no particular order.

1) It is always better to apply for a bigger bank rather than considering offerings from small lenders. This helps get a better idea of the competition.

2) Interest rates on loans for used cars are higher than those for new cars. The interest rates are calculated on the basis of age of the vehicle, model and customer profile. Loans cannot be availed for cars more than 4-5 years old. If a new car is financed at 11-14%, a used car would cost 14-16%.

3) At best, 75% of the vehicle’s value can be financed b…

Which are the best used cars to buy in India?

The declining sales of new cars, especially due to high interest rates and fuel inflation, has been a blessing in disguise for used cars . This is the best time in the year to purchase a second hand vehicle. Market demand has led to the proliferation of company-based used car outlets and now finance options are also available for such vehicles. However, not every manufacturer in the market is equally aware of this segment and we will try to give you a better idea of popular vehicles here.

a) Maruti Swift - Maruti is the most popular brand in this segment due to easy availability of parts and variety of vehicles. Swift is a vehicle that demands high resale value and every owner speaks volumes about its handling abilities. The diesel variant if this sporty car generates about 16 kmpl and noise from the engine is also low.

b) Honda City - Petrol versions of Honda City are …

Why purchase popular second hand cars in India

It can be said that the research that is required to buy old car is often much more than the same for a new one. Customers need to keep in mind that apart from purchase, the resale value of this vehicle is also important a few years down the line. By searching on the Internet, it is easy to understand that prices of used vehicles that are heavily in demand are always high.

Factors that determine the popularity of second hand cars

When customers are familiar with the reliability of a particular brand, they are likely to buy more vehicles from the same. For example, it is common knowledge that well maintained Maruti cars will always fetch high prices due to hardiness and high fuel efficiency. On the same lines, another important factor here is the availability of service stations, which would keep stock of spare parts. The strong service…