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