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The Lucrative Used Car Market

It needs a discerning eye to see a hugeThe class of traders which thrives on such a
invisible and less-talked about market aroundsituation is auto dealers. They come to the
the  used  car  users  all  over  the countrybig cities in hordes; pick up the junk in the
name of used cars, take them back to their
I do not know how many of you have noticedtowns and cities, refurbish them at cheap
that an old car of yours which fetches you angarages and sell them at premium. Such cars
X amount in the metropolitan city like Mumbaicater to the aspirations of the masses which
can get you upto 1.5 X in B or C class citieshave not been exposed to a culture
like  Jabalpur  and  Indore.economically higher than theirs. Hence the
aspirations they have too fall in a lower
The reason is simple to understand. A city isbracket. Hence here is the market for the
known by the infrastructure it has which isused  cars.
directly linked to its economic status of its
population. It is easy to understand that aCheap Indian used cars have not only
city population with high disposable incomesattracted the small-time auto dealers, they
would change the consumer durables more oftenare now being equally fancied by premium
than  the  one  lower on that economic scale.dealers and even top brand car manufacturers.
Banks too have tied up with the recognised
The result being that among other things youand with the high-end used car dealers to
have more cars changed and hence highermake available finance to those who would be
availability of used cars for sale. You don'thappy  to  own  used  cars.
need a car review to tell you why the cost of
cars in big cities is much lower than in theIt needs a discerning eye to see a huge
smaller  cities.invisible and less-talked about market around
the used car users all over the country.



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