The Lucrative Used Car Market

It needs a discerning eye to see a huge invisible andis auto dealers. They come to the big cities in hordes;
less-talked about market around the used car userspick up the junk in the name of used cars, take
all over the countrythem back to their towns and cities, refurbish them
I do not know how many of you have noticed thatat cheap garages and sell them at premium. Such
an old car of yours which fetches you an X amountcars cater to the aspirations of the masses which
in the metropolitan city like Mumbai can get you uptohave not been exposed to a culture economically
1.5 X in B or C class cities like Jabalpur and Indore.higher than theirs. Hence the aspirations they have
The reason is simple to understand. A city is knowntoo fall in a lower bracket. Hence here is the market
by the infrastructure it has which is directly linked tofor the used cars.
its economic status of its population. It is easy toCheap Indian used cars have not only attracted the
understand that a city population with high disposablesmall-time auto dealers, they are now being equally
incomes would change the consumer durables morefancied by premium dealers and even top brand car
often than the one lower on that economic scale.manufacturers. Banks too have tied up with the
The result being that among other things you haverecognised and with the high-end used car dealers to
more cars changed and hence higher availability ofmake available finance to those who would be happy
used cars for sale. You don't need a car review toto own used cars.
tell you why the cost of cars in big cities is muchIt needs a discerning eye to see a huge invisible and
lower than in the smaller cities.less-talked about market around the used car users
The class of traders which thrives on such a situationall over the country.