An analysis was conducted that covered the second hand car India in the market in New Delhi/NCR, Bangalore, Mumbai, Chennai, Hyderabad, Cochin and Kolkata. The Analysis was conducted on the basis of the database of around 85000 second hand car India of Sulekha.com. The list included various brands of cars on the site from past 3 years. The analysis covered the used cars from various brands as well as the car dealers in India.
The major finding of this analysis included:
According to the study conducted, it was revealed that around Rs30, 000-50,000 can be saved by purchasing a year-old used car from car dealers instead of a new car that will cost you much. Similarly the study also revealed that around RS50000-70000 can be saved by purchasing a year-old sedan class instead of going and purchasing a brand new one.
The major finding of this analysis included:
- Maruti, Tata, Honda and Hyundai are one of the famous car brands in the market of used cars in India
- In the used car market there are about 3 cars of Hyundai, 5 cars of Maruti and a car of Honda that is sold in the market of used car.
- Swift constitute to one-third of the Maruti hatchback whereas the Alto constitute another 25% of the hatchback. The Santro constitutes 50% of the Hyundai hatchback.
According to the study conducted, it was revealed that around Rs30, 000-50,000 can be saved by purchasing a year-old used car from car dealers instead of a new car that will cost you much. Similarly the study also revealed that around RS50000-70000 can be saved by purchasing a year-old sedan class instead of going and purchasing a brand new one.
According to the study it was also revealed that the cost of the used hatchback will cost around 2.5 lakh to 5 lakh and the used sedan will cost around 4 lakh to 9 lakh depending on the age of the car. The study mentioned a few popular cars of the year 2011 that were more in demand.
- Santro was one of the popular car brand followed by the classy Hyundai i10
- Swift was also one of the famous cars, which were later, followed by the Alto from the family of Maruti.
People in India are open to buying old cars. The trend of purchasing a year-old car is falling down whereas the increase in buying of older cars is pacing up these days. People are becoming more open to buying the older cars now. The percentage of buying older cars have increased from 35%-70% from the year 2009-2011.
- If you want to Know more details about new and used cars go to Autoinfoz
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People who live in India are open to buy used cars. Second Hand Cars became in demand due to rise in petrol hike. People have good knowledge about used cars and they are more interested to buy in markets. Swift, safari and Hyundai used cars have high demand. Used car percentage is increasing gradually day by day which is reliable and cheap too.
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