Used Car Financing in India

What if you want to own a second hand vehicle but don’t have enough resources, so what are your options? Simple you can finance your vehicle, but is do you know everything about second hand car loans and finance.

It is always recommended to polish your skills on used weapons and then go for the new ones – the saying is finding an apt application in car segment of India today. Most of new drivers prefer to opt for pre-owned vehicles before investing huge money in new one.

 (Image Source: carloansbadcredithistoryblog)

Though, acquiring financial help for used cars is nothing less than headache at present. There are 2 factors that play a vital role in pre-owned car loans to be precise its age & the model. Also, the bearer is needed to pay a hefty cost for used car as compared to new car. In India, people availing pre-owned car financing options have to pay 3% more than the amount they are required to pay for latest cars. And, lastly, there is more chance that you may not get the complete value of the car as loan.

As per norms, used car loan is granted only when age of the car and loan’s tenure do not go beyond 7 years in combined manner. Thus, if you are planning to get loan for 5 years, the age of your vehicle should not exceed two years in any condition. If you need a loan for 3 years, than the age must not exceed 4 years and the same is applicable for lesser years.

For used financing in India, there are two types of financial bodies available that can help you in this cause: banks and non-banking financial companies (NBFC’s).

You can benefit by connecting with Organised Dealer

These days you have enormous options available in market for you to choose from among the second-hand cars. And along with the car many options of organised dealers are also available. These dealers source the cars, & put them up for sale.

Moreover most of the banks & NBFCs are at ease while financing a car through an organised dealer because of the due careful checks done by the dealer, which reduces the financiers' risk.

What we suggest you today, is to connect with Shriram Automall, which solves both of your problem. Shriram Automall India Limited is the leading service provider in used vehicle industry and provides services from Parking to disposal, from acquisition to finance and Insurance Services. Being a wholly subsidiary of Shriram Transport Finance Company, Shriram Automall is providing customers with all the integrated services to serve them with the best of services for used vehicles. Having a large inventory of buy second hand cars in India, Shriram Automall provide customers with nothing but the best  through its unique and Transparent mode of dealings i.e. Bidding Events.

Read More

Consider These Things To Check While Looking To Buy A Used Car

(Original Source: Things to check while buying a used car)

Read More

Market of Super Sports Car Will Be Back on Track In 2016

Here is good news for the car lovers after a repeated decline in the sales of super sports cars for three following years. According to the sources, the super sports car market is expected to be back on track this year. The super cars segment is predictable to outlook a high single digit growth due to improving economic response & return of the sports car manufacturer giants such as Maserati and Ferrari.

The recent confidence can be seen by the fact that two of the most expensive and exclusive cars the limited edition variants of Aventador LP Roadster and the Aventador LP Coupe, carrying a price tag of about Rs 8 crore were recently sold by Lamborghini in India.

(Image Source: blog.dupontregistry.com)

Also, the Lamborghini, Italian Super Sports car giant introduced its new entry level sports car the Huracan LP 580-2 in India with price tag (Rs 2.99 crore - ex-showroom New Delhi), which also makes India the first market in Asia Pacific to get the vehicle in this segment.

In year 2014, due to rupee depreciation, hike in taxes the super sports car makers were not able to accomplish the targeted number. However, this year they hope the sentiment in the car market is stable & now customers are taking quick decision on making the purchase. Also, inauguration of new showrooms in Bangalore & Mumbai is in to do list of Fiat Chrysler Group Company. It has already setup a national sales company for Maserati.

 

With these major developments in the super sports car segment, we are hopeful that the sales will take a hike with an increasing rate in the FY 15 & will continue to show positive indications in FY 2016 as well.

Read More

5 Easy Car Maintenance Tips For Women

Now days, a regular care is very important for your second hand cars to keep them working and look like a new one. So, here we are providing you these 5 easy car maintenance tips that must be known by women and which will definitely be proven worth for them.

(Image Source: autochrome.org)

Replacing the Flat Tire: The first thing one should do is to remove flat tires. There might be lot of probabilities of coming across a flat tire. What can be worse than getting a flat tire and waiting on the receive help from someone to come and change that flat tire for you. So, it’s better to know changing flat tire by yourself instead of depend on someone.

Know to Change the Worn Out Wipers:  In order to keep your used car look good, never forget to change blades of wiper’s every six months. Always perform an inspection to check for cracks on a regular basis, and don’t forget to clean the blades of dirty wiper with the help of a wet paper towel.

See Also: tips to buy used cars

Perform Regular Maintenance: It is very essential to get yourself handy with the cars manual booklet for users. Doesn’t matter whether you buy new or used car you must always research beforehand to educate yourself about certain important things. For example:

• Oil change: After every 3000 miles with oil filter
• Under the hood: Check as frequently as promising. Once in a week or in every 2 weeks if possible.
• Tire rotation: Rotate the tires every 6,000 miles following the rotation suggestion from manufacturers’. If you have a similar spare, incorporate it too in the rotation pattern so when it is time for change, it will run smooth and last long.
• Proper Balance & Align: Have your car checked after every 10k-12k miles or the first time you observe any strange steering or a vibration while speeding your car.
• Tune up, Filters and Timing belts: Make sure you follow up with recommendations from manufactures.

Fuel: If you have subcompact cars and SUV’s, then regular fuel is satisfactory, but if you own the luxury vehicles, like Mercedes, Cadillac or Audi premium fuel is always recommended by the experts. There is no doubt, the heavier the load you have got inside the car, the more power will be required by the engine to move the car. Indeed, Weight affects your car mileage too. If in case you are traveling with lots of people or luggage, expect your fuel to run out a little earlier.

Brakes are most Important: We get caught up with lots of work in our daily routine that we don’t pay that much of attention to our car until any major issue come up with. There is one thing that can cost your car a lot if not caught beforehand is brakes. So, never forget to pay attention to the sound your car breaks make during driving. If car begin to make squealing, it’s probably the right time for you to change your car pads. Don’t ever drive so close to other cars that you have to keep slam on your breaks every other second.


Hope these tips will be beneficial for your car and if you are looking to buy used cars in Delhi of your choice, you can always check our recommended tips on buying used cars.

Read More

Maruti Suzuki Keen on Launch new version with Automated Manual Transmission (AMT)

After the launch of its successful Celerio model Maruti has introduced the new technology of AMT in its upcoming models including the new Wagon R & Maruti Swift series (hatchback or the Swift Dzire compact sedan) will receive the low-cost, yet convenient AMT technology this financial year.

The updated version of Maruti Wagon R will be launched in few days during the festive season to take utmost benefit of the occasion & achieve high sales numbers. Like its existing modals the AMT version of Wagon R will be powered by 998 cc three-cylinder K10B all-aluminum engine that produces 68 PS at 6,200 rpm and 90 Nm at 3,500 rpm. The Automated Manual Transmission system is a 5-speed unit.

(Image Source: autocarindia.com)

See Also: Top fuel efficient cars in India

Seeing the good response for its AGS (Auto gear Shift) technology on the Celerio and Alto K10 in the Tier 1 cities Maruti has taken this decision. As per sources Maruti is combining the affordable technology with the fuel-efficient DDiS diesel engine. At 26.59 km/l, the Dzire diesel is the most fuel efficient in its class.

With Maruti taking a step forward in introducing new technologies for its upcoming & existing vehicles we are sure to enjoy the competition it will get from other major players in the game.

Meanwhile if you are looking to buy used cars in Delhi with good condition & affordable price than you should pay a visit to Shriram Automall. You will be astonished to find an exhaustive range of used cars from all major car brands in India. You can also take benefit of their easy finance facility & other allied services. SAMIL helps customers in both acquiring or disposing a used vehicle easily.

Read More

Follow These Steps Before Buying a Used Car

Planning to purchase a used car but you are confused and cannot decide from where to start. It happens with everybody, because owning a car is not a child’s play rather you have to very sure where you are putting off your investment. But you don't need to have the knowledge of a mechanic to find a good used car. The two most vital qualities you need are patience and common sense, combined they will help you know, how to purchase a used car. Purchasing a used car is still a much better financial decision than buying a new one, but only if you are willing to devote your time and effort to do it properly. Follow the guide to own the best suitable car for you:

Research 

It is important to obtain the history about maintenance, in regard to the type of the car you choose. Select the vehicles that have the best maintenance records, so that you don’t have to pay more money on repairs in the over the years. Another thing to consider is fuel mileage. If you purchase a vehicle which is going to cost you a lot in case of fuel, you need to reconsider buying a car. Also, try to steer clear of a vehicle's first year of production. There are usually more mechanical problems with the vehicles in its first year. Once you have narrowed your list down, you can begin your search for a specific vehicle.

Ownership

Buying a used car from the trusted person owner will help you to eliminate some of the unknowns you might encounter. The exception to this is if there are full maintenance records from the previous owner you will have a complete story. The most important part of the story are the records, which will prove whether the oil was changed on the regular basis or not. With regard to maintenance history, oil change frequency is absolutely critical.

 (Image Source: simc-wire.com)

Any Involvement in Car Accident By Previous Owner

This is a critical question. Don’t purchase a used car that has been involved in anything but the most minor incident. If you know or have any idea that the vehicle has been in an accident, walk away.. Is the frame bent or dented? Does everything look fine? Was it repaired properly or not? Is there any damage you can't see? Don’t take a chance if you have a minor doubt.

Regular Maintenance Records

If there are no maintenance records, don’t take the deal forward don’t take the owner's word. You need to have a proof. Make it clear to the owner that you want to review the records before you make the trip to see the car.

If you are looking to buy used cars in India, you can visit Shriram Automall India Limited (SAMIL), the leader of the used vehicle industry. Purchasing a pre-owned vehicle is easy and convenient now by accessing SAMIL’s unique Physical and Online Platforms. SAMIL also provides its customers with a range of integrated services which are aimed towards customer satisfaction.

Read More

Top 5 Fuel Efficient Automatic Cars in India

In India, where traffic & population never stand still, it just grows. Meanwhile the only thing we can do is to concentrate on the concern of traffic that’s the reason of high fuel wastage causing frustration. Automatic cars are in for quite some time now as they consists higher comfort feature, however people shy away from buying these cars due to their less efficiency in terms of fuel.  Now days, fuel efficiency becomes a hot topic among car buyers in Indian automotive market, here’s a look at India’s top 5 most fuel efficient petrol automatics.

Tata GenX Nano

The new GenX Nano is a vast enhancement over the earlier model in diverse aspects. One such area is the addition of an AMT unit which comes mated to the 624cc, twin-cylinder petrol motor that produce 38PS and 51 Nm of torque. The engine returns an ARAI certified fuel economy of 21.9 km/l.

(Image Source: tatanano.com)

Maruti Suzuki Alto K10

One of the most fuel efficient petrol automatic cars in the country, Alto K10’s is popular in India and has further increased thanks to the AMT unit that returns an remarkable 24.07 km/l, which is the same as the manual variation. Also, the entry-level hatchback is powered by a 1.0-litre, three-cylinder petrol engine the produces 68PS and 90 Nm of torque.

(Image Source: marutistoragenew.blob.core.windows.net)

Maruti Suzuki Celerio

Maruti Suzuki Celerio, The first car in Indian automotive market to feature the now famous AMT unit, Celerio is also one of the very successful products in the country from Indian car manufacturer Maruti Suzuki. It is driven by the same 1.0-litre K10 engine that also powers the Alto K10. Outputting 68PS of power and 90 Nm of torque, the Celerio AMT also returns an ARAI certified mileage of 23.1 km/l, which is similar to the manual variants.

(Image Source: blog.gaadikey.com)

Honda Jazz

Newest vehicle in the list, the Honda Jazz got off to a flying launch in the nation. Although, its sales have are now dropping, the Jazz comes with the option of a petrol automatic (CVT) unlike any of its rivals in this segment. Under its hood is a 1.2-litre, four-cylinder petrol motor that gives out 90PS of power and 109 Nm of torque, which is able of returning an impressive fuel economy of 19 km/l.

(Image Source: hondacarindia.com)

Nissan Micra X-Shift

Launched in July 2015, the latest variant of the Micra hatchback thereby making the automatic variation of the vehicle more inexpensive. Nissan Micra X-Shift Limited to just 750 units and powered by a 1.2-litre, three-cylinder petrol engine that churns out 75PS of power and 104 Nm of torque. The engine comes mated to a CVT gearbox that returns an impressive 19.34 km/l (ARAI certified). The front-wheel drive automatic is a very good option to consider in the hatchback space.

(Image Source: media2.intoday.in)

Although, these are amazing fuel efficient cars, but if these are going out of budget you can always buy second hand cars in India with automatic functionality by visit Shriram Automall the country’s finest place for the exchange of used vehicles & equipment at fair price. 

Read More

Small cars are losing its ground gradually

According to the Society of Indian Automobile Manufacturers (SIAM), domestic car sales rose 3.62% to 2,125,551 units in the first 10 months of the FY15; of this, the entry-level small cars accounted for 430,609 units. Overall, the share of all small cars in the passenger vehicle market has fallen from 68% in FY11 to 52% so far in FY15, while the share of higher-priced segments (sedans and utility, sport and multi-purpose vehicles) has risen from 24% in FY11 to 41% in FY15 so far. Even within the small car segment, demand has moved from entry-level small cars to premium small cars. 

Want to know more? Click here

Read More

It’s time for an amazing ride in Honda Amaze, CNG variant

Honda’s compact sedan Amaze is now available in a CNG variant at Rs. 5.99,585. Customer will be entitled to a 2-year warranty on the purchase of this car. Honda Amaze had been a great success for the company after its launch in 2013. This new variant has a bi-fuel option of Petrol/CNG, which has been added to meet customer demand.  

Want to know more? Click Here

Read More

How to buy a pre-owned car from Shriram Automall?

Indian streets are filled with the footprints of several people who aspire to have a car of their own. With money being a big constraint, they often hesitate to purchase their dream car due to the risk of getting acquainted to unreliable trade practices. Keeping those millions of dreams in mind, Shriram Automall introduced a unique bidding platform from where people can acquire a pre-owned car of their own choice. The Company has established numerous well-structured Automalls, across the nation, where regular bidding events are organised. After a quick registration formality, anyone can participate in these bidding events and get a wide variety of pre-owned cars to choose from. Take a look at steps of participation in a physical bidding event of SAMIL.

1. Visit any of your nearest Shriram Automall and fill registration form at the registration counter.

2.    Collect your bidder book and submit an RSD amount of Rs. 20,000. The bidder book contains necessary information on all the pre-owned cars and other vehicles available for disposal in that particular bidding event.

3.   Make your choice from a wide variety of pre-owned cars available for disposal.

4.  Then physically inspect all your chosen options in the parking area. A Samilian will assist you in making the correct decision through his expert opinion. 

5.   After inspection, visit inside the bidding hall to participate in the bidding event.

6.    Bid on your chosen pre-owned car when it walks the ramp.

7.    To win your dream car, make sure that you become the highest bidder.

“Physical bidding is a new concept in India and has earned immense prominence in a short span of time. In order to attract Indians and their dreams, we have made it an extremely exciting and trustworthy platform through which people can acquire and dispose a wide variety of pre-owned vehicles and equipment.” – Mr. Sameer Malhotra, CEO of SAMIL

Read More

Tip of the Day – How to hunt for a quality used car?

Indians always prefer a drive on quality cars that suits their pocket. With budget being a major constraint with them, their dreams often restrict to a small aspiration and fail to meet the reality. But, sometimes dreams do become affordable and make way for their entry in a dreamer’s life. This happens when pre-owned cars come into the picture and the hunt begins for a quality used car. So, let’s take a look at a tip of the day that will help you get a better used car to drive.   

Get in touch with a source that you trust the most.

Buying a used car can be a risky drive of your life. It’s not necessary that you’ll always get a good option. At times, you may also get worst option packed with the best of marketing tools. The deal will sound lucrative but you may end up getting caught in a trap. So, always look for a source that you can trust the most.   

You can also visit your nearest Shriram Automall, a one-stop marketplace for pre-owned cars and other types of used vehicles and equipment. The Company conducts exciting bidding events every month from where people can acquire and dispose their used vehicles. 

“At Shriram Automall, we ensure complete transparency in our bidding events to facilitate value-for-money transactions. We have multiple bidding platforms, physical, online, private treaty and one stop classified kiosk to offer holistic solutions in the exchange of pre-owned cars.” – Mr. Sameer Malhotra, CEO, SAMIL

Read More

Tips to make an appropriate purchase a Used Car Online

Can we say that mankind has become even more lethargic in the era of e-commerce? Yes, we can! But, what’s wrong with that if we can get the same quality with less investment of time and money? Now that marketplaces have suddenly landed up in our home, we need to be extra cautious while making that perfect choice. So, what if you have to buy a used car online? Obviously, all of us need tips to make an appropriate purchase because it’s a virtual world that we are going to buy a used car from. 

Verify before you get into a loss Used cars online generally ride on the authenticity risk to reach your computer screen. Hence, it is your responsibility to verify the credibility of the seller. Your homework should be done well in advance of purchase. 

 Drive before you finally decide Well, a virtual test drive of a used car online is still going to take some more years of technological advancement. But, before that we have to depend on a real test drive only. So, get out of your lazy zone and go for a test drive before making that final purchase of a used car online.

Read more at: http://shriram-automall.blogspot.in/2015/01/top-three-tips-to-buy-used-car-online.html

Read More

Used car market on fast track in Indore

Used Car Market

The organised used car market in the city is booming, thanks to affordable prices and availability of a wide range of vehicles at authorised dealer showrooms.

Dealers say that the organised used car market in the city, which has evolved over the past few years, is growing at 20% year-on-year. Some car manufacturers, including Maruti Suzuki and Mahindra, run used car showrooms in the city. 

They not only sell used vehicles but also buy them and give the consumers the benefit of exchanging their old car for another one.

"The entire process is streamlined so that customers do not have to go through the hassles of finding the right buyer for their vehicle,” an executive of Maruti ‘True Value’ showroom told HT.

“Also, when it comes to buying a used vehicle, consumers are assured that they will be getting a vehicle that has undergone a rigorous check on all the parameters including performance and safety,” said the executive who requested anonymity.

Read more at: http://www.hindustantimes.com/india-news/indore/used-car-market-on-fast-track-in-indore/article1-1291218.aspx

More articles links:

Benefits of a Used Car Online

November fared well for Automobile Industry

What Makes Used Cars in India a Smarter Choice?

Read More

November fared well for Automobile Industry

Automobile industry witnessed lackluster sales in the festive season especially in the month of October 2014. However, November has been able to bring back upward trend in the automobile industry. As per the data revealed by car manufacturers, while on one hand, companies like Maruti Suzuki, Hyundai Motor India, Honda Cars India, Toyota Kirloskar Motor and Tata Motors have registered significant growth in the month of November 2014 compared to the same month last year. Then on other hand, carmakers like Mahindra & Mahindra, Ford India and General Motors have felt the pressure of high interest rates, uncertainty of excise duty rates and a generally tight-fisted economy.

Domestic Passenger Vehicle Sales (in units):

	Nov-14	Nov-13	Growth/Decline
Maruti Suzuki India	100,024	85,510	16.97%
Hyundai Motor India	35,511	33,501	6.00%
Honda Cars India	15,263	9,332	63.56%
Toyota Kirloskar Motor	12,175	10,208	19.27%
Tata Motors	12,021	10,376	15.85%
Mahindra & Mahindra	13,765	16,771	-17.92%
Ford India	5,661	7,101	-20.28%
General Motors India	4,157	6,214	-33.10%

Read More

Car sales expected to grow by 12%: UBS survey

In the run up to the festival season, 88% of dealers surveyed expect a sequential rise in sales over next two months

There might be some green shoots of growth visible on the ground, with a new government in place. An Auto Dealer Survey conducted by research firm UBS suggests that there could be signs of improvement in the automobile (four-wheeler) sector. Auto sales are globally considered to be a proxy for economy. In India too, these numbers are taken seriously by economists and analysts as a measure of growth in the economy.


Read more at: http://www.business-standard.com/article/companies/car-sales-expected-to-grow-by-12-ubs-survey-114090801096_1.html

Read More

Benefits of a Used Car Online

Today every individual works extremely hard to enhance his/her standard of living. And, a car is considered to be a substantial addition when an individual plans for the same. There are various people who prefer used cars online in comparison to a new one. It is a myth that used cars are not worth value for money. For people who have an extremely busy schedule and are also short of money, used cars online is the best option. In fact, online is a great medium for people who are tech-savvy. Let’s check out some benefits of buying a used car online.  

Easy Search

If you visit the online medium, you will notice that it is filled with immense options for used cars. All you have to do is type the model of your interest and there you will get various options to look at.

Saves Money

Another major benefit is money. When you purchase a used car online, you save a lot of your money. First of all, a used car is less expensive in comparison to a new car. Also, the search of a used car online involves no expenditure.   

Low Insurance Premiums

Everyone wants to cover their car with insurance in order to avoid the expenses that may arise due to a mishap. In case of a used car, the premium amount is low. Insurance on a brand new car is higher.  

Shriram Automall India Limited stands as a pioneer in giving well-structured and transparent bidding platforms for the trade of used vehicles and equipment. For a used car online, you can also visit www.samil.in and take a look at a wide variety of used cars.

“Through our online bidding platform, we aim at reaching a wide range of audience in order to enhance our arena of business. Besides this, our other bidding platforms, including physical bidding, one stop classified and private treaty, also make a substantial contribution in our success.” – Mr. Sameer Malhotra, CEO of SAMIL

Read More

Don’t think much, simply go for used cars!

When it’s about used cars, one cannot just depend on the first option for purchase. Obviously, a lot market research goes into the task in order to realise best out of the money. A better understanding of the vehicle and various other options available in the market helps in making a better decision which leaves no scope for regret in future. Never assume that if the car is not new that means you cannot expect good quality at a nominal price. In used cars category also, various options are available which can be relied upon for great performance.

Over the time, it has been observed that the used cars industry has grown at a fast pace. If you wish to crack best deal in this sector, it is mandatory for you to explore almost every outlet and develop a skill of negotiating over prices. But, always remember that even if a used car looks perfect in condition, that doesn’t mean it is not going to face any problem in future. We need to be extremely cautious while checking a used car’s condition. It is always wise to take help from an expert. He/she will be able to guide you properly.   

Always remember that purchasing a used car is at not all a bad option. In fact, used cars are the most attractive and reliable vehicles on road. Also, there are various options available in the market, which don’t look like an old car. So, always go for the used cars when budget is a constraint for you.   

Shriram Automall India Limited (SAMIL) offers a wide variety in used cars. For any brand in this segment, you can simply visit one of its Automalls or visit its website, www.samil.in

“With every passing day, we make consistent efforts in designing the most satisfying form of our offerings. In our wide range of used vehicles and equipment, used cars are an important part.” – Mr. Sameer Malhotra, CEO of SAMIL

Read more at: http://used-cars-india-samil.blogspot.in/2014/03/what-makes-used-cars-in-india-smarter.html

Read More

What Makes Used Cars in India a Smarter Choice?

Almost, everyone on earth dream to own a brand new car. With innovation transforming the facet of car industry every day, the desire to own a new car keeps on becoming stronger. There is hardly any person who would want to pick a pre-owned car in comparison to a new car. But when money comes into the picture, the scenario changes a little. Since, new cars are expensive when compared with the used cars; many people tend to change their preference. So, here I share the benefits of picking a used car over new one in order to make it a smarter choice.

·         Benefit of avoiding value depreciation

When you purchase a used car, you buy it on a depreciated price only. But in case of a brand new car, you must expect a 30% of depreciation within the first 2 years of purchase itself. The resale value of a new car is much less in comparison to its purchase value.  

·         Certified used cars’ condition is just like new cars

There are various authorised dealers who serve certified used cars. This certification makes sure that the vehicle has not undergone any major damage in past. Also, these cars are extensively and thoroughly inspected by the professionals.

·         Affordability Factor

Last but not the least reason is their affordability factor. Used cars are any day easy on pockets than the new cars.

Shriram Automall India Limited (SAMIL) serves a wide range of used cars in India. As a pioneer in providing structured bidding platforms for the trade of pre-owned vehicles and equipment, the company has made a substantial mark in the automobile industry.

“While constructing a roof of innovation over every operation, we have created a plethora of services for our customers. Under our Auto division, a wide range of pre-owned cars are acquired and disposed through our regular bidding events across India, both online and physical events.” – Mr. Sameer Malhotra, CEO of SAMIL  

Read More

Trading of Pre-Owned Cars in India

The disposal of pre-owned cars in India requires everyone to be extremely cautious while carrying on with a deal. In order to extract maximum value out of the transaction, it is vital to take care of every aspect that contributes into the same. Although, the process involved in the sale of used cars in India is not that complicated but still, it requires great attention even in the minutest details of the transaction. This is because; a single mistake can cause huge loss of money. Here are some of the tips that can ensure the most effective deals in this trade.

• Get associated with an expert

Getting in touch with an industry expert for the disposal of second hand car is wiser than doing it yourself. With extensive knowledge on such kind of trade, these people help in getting best market price realisation for a used car in India. Also, they will serve a wide range of customers for your pre-owned car which is not possible at your personal level.

• Advertisement

Pay proper attention to your advertisement while incorporating every element that portrays the best picture of your pre-owned car. Include images from different angles along with maximum information on its present condition. But, that does not mean that you can exaggerate its condition. It gives a bad impression and this way you will never be able to dispose your pre-owned car.  

• Repair

If you think that spending some amount of money can result in realising more value for the used car, then it is a wiser option to get it done. That will also ensure quick disposal of your pre-owned car.  

Shriram Automall India Limited (SAMIL) caters to the used cars segment of automobile industry through its well-structured and transparent bidding platforms. While incorporating allied services in its offerings, the company makes the experience of its customers extremely beneficial.

“At SAMIL, every association is structured on the bedrock of transparency and utmost commitment. Through a wide variety of used vehicles and equipment, we aspire to serve every dream of our customers.” – Mr. Sameer Malhotra, CEO of SAMIL

Read More

Remarkable growth of used cars in India

The market is booming at a significant pace. While discovering an opportunity in the same segment, Shriram Automall India Limited (SAMIL) facilitates the trade of used cars in India. Through its transparent and organised bidding platforms, including Physical Bidding, Online Bidding, Private Treaty and One Stop Classified, SAMIL brings the buyers and sellers together from around the country.

Its recent initiative, Auto, is exclusively dedicated to used cars in India. Various manufacturers and their dealers, like TATA, GM, TOYOTA, have been associated with the company to dispose their exchanged, trade-in cars, unregistered, demo and display cars. While taking these associations further, SAMIL has conducted several physical bidding events in different locations, such as Mysore, Mangalore, Bengaluru, Delhi, Hubli, Coimbatore, Tamil Nadu, Calicut, Vijayawada, Raipur and Nagpur. The success ratio of these events is justified by its aggressive marketing strategies that go into the execution process. Through innovative promotional activities, it attracts a wide range of audience in its events. Keeping the aspirations of target audience in mind, every communication is designed effectively to mainly attract the end-users of used cars in India. By scheduling these exclusive events only on the weekends, the company enhances the footfall to a great extent.

As a result, its every event becomes immensely prominent amongst potential buyers. Apart from physical bidding, SAMIL ensures maximum certainty of sales through its other bidding platforms. While offering a wide range of pre-owned vehicles and equipment, SAMIL’s bidding platforms have been adopted by almost every brand in the automobile industry. The online bidding platform of SAMIL serves as the most easy and instant platform in terms of market reach. With every minor detail about inventories available, this platform helps masses in striking the most-suited deal for them. Through its private treaty platform, SAMIL bridges the gap between buyers and sellers in terms of negotiations. 

Its one stop classified is a virtual platform with exhaustive information on available inventories. Through a user-friendly interface, this platform scores high in terms of usage. Ruling the aspirations of youth, cars will continue to be a substantial part of automobile industry. 

To maintain status, youth always go for the premium brands in automobile industry. But these desires lose all hopes when money comes into the picture. This scenario has contributed immensely in grasping demand for used cars in India from that segment of the society and SAMIL is going to serve that demand with its growing steps towards pre-owned cars market in India. On the grounds of fairness and transparency, it boasts of more than 100 bidding locations inclusive of 31 well-structured Automalls and aims at 60 Automalls in 2014. Mr. Sameer Malhotra.

Read More