used cars Archives - Purani Car

Should you purchase engine warranty in India?

Buying a used car is still much of a gamble in India. However, there are more players selling used cars in India in a regulated manner. As a result, customers are making more confident choices today. It is most important for sellers to give accurate information, especially about engines. This is where organized and branded players come into play, as many of them offer engine warranties.

Why is engine warranty important?

Engine warranty helps to give the customer peace of mind as it is the most important component of any used car. The engine warranty covers not just the powertrain, but the transmission as well. However, it covers a limited number of kilometers and is not the same as that for a new vehicle. Nevertheless, to protect yourself from making a regrettable purchase decision, it is always better to get a vehicle with engine warranty.

Yes, used cars do have warranties

For those who may be buying used vehicles for the first time…

New franchisee-led dealer model by OLX for used cars

Popular C2C marketplace OLX has a launched a new franchisee-led pre-owned car retail offering. This allows both consumers and dealers to buy and sell used cars, and the model is know as OLX Autos. It will allow dealers as well now to be a part of OLX India’s dealer network. This would be an extension of the company’s online classifieds.

Used car dealers, who will be OLX exclusive partners, will be able to leverage the OLX Integrated omnichannel experience. They will also be able to sell the used cars available on OLX’s online marketplace. Dealers will now be able to get benefits such as providing value-added services to consumers and the access to a digital storefront.

In the initial phase of this new program, customers will be able to see the franchise stores in the following cities:

Where will the stores be present? DelhiMumbaiMaduraiChennaiPatnaJammuRudrapurKolhapurKolkata How will the new store help consumers?

The store will help …

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…

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 …