Thursday, 14 February 2013

Most preferred Second Hand cars in market- Maruti, Tata, Honda and Hyundai

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 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:

  • 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

Sunday, 10 February 2013

5 Powerful Negotiating Tips For Buying Second Hand Cars

 Negotiating for a used car in India is a big pain and also a tactful task at the same time. The car dealers in the market have become very smart when it comes to the sale of the used cars in India. So before you make you’re mind for going and buying a used car, wait and think. Here are some essential tips that you should follow before deciding on to the used car in India you are planning to buy.

1.  There are numerous negotiating tips available on the net to negotiate while buying a used car in India, but you have to decide that what price is ideal for you to pay for the car you are looking forward to introduce into your family.  In order to negotiate with the car dealer first you should do your homework and be crystal clear on to what exactly you are looking for, so that negotiation can be properly done. Determine the cost budget you are willing to pay and do not cross it no matter how tempting the deal sounds to you and you think that you might miss on to a good deal. You will get many of them.

2.  There’s always a right time for everything and so is for the deal. The car dealers will offer you with the best of the deals if they are desperate enough to sell the used cars to you. The simplest negotiating tips for buying a used car are the trickiest. Opt for the time when the dealers are not willing to sell of purchase any of the used cars. This is considered to be the ideal time for any kind of business for the car dealers as they are anxious to get even the little possible benefit as well.

 3. Make them feel that you are not desperate for buying a used car with any deal available and you are open to better deals if the car dealers don not provide you with the best deal. Observe the dealer and let them know what the deal you are looking forward to is.  If they strongly appose to the deal you have mentioned then give them the “thanks anyways line” which will definitely make them rethink on your deal as they will surely have a feeling that you have a strong interest I the used car. Due to the tough competition in the market, there are chances that the car dealers shall think again and close the deal with you.

4. Be careful in whatever you are saying to the car-dealer as they are the ones who are handling customers like you everyday, but you are dealing with them for the first time. Car dealers already have strong strategies using which they try and get the details that you are not willing to disclose to them. Make sure you hold back your thoughts and refuse to answer the questions if you don’t wish to reveal the answer. Provide the answers you are comfortable in answering with ease and in a friendly tone.

5. The final step that is the most important is that make sure the person who compromises on the deal is the car dealer and not you. When both the parties sit for the negotiation, sit and make sure what are they not offering, but make sure that you foot look desperate for the deal to close. Car dealers will not prefer to lose a potential customer and they will try and provide you with various alternatives.

Be straight forward on what exactly you are looking forward to and you are not willing to compromise on that. Make sure that the car showroom compromises on lowering the price of the used car.

Monday, 4 February 2013

5 Mistakes to Avoid When Buying a Used Car

5 Mistakes to Avoid When Buying a Used Car
Making a mistake in buying used cars can result in losing hundreds or thousands, more than essential. However, you can avoid these mistakes and enjoy the venture of buying a used car.

Here are the 5 mistakes that are best avoided when buying  used cars.

Mistake #1 – Missing out the vehicle history report

It is a must to know the vehicle history report and is a no-brainers job. You need to ensure the vehicle never has been in a hurricane or met an accident. Was it let out for rent or lease, needs to checked.

Mistake #2 – Missing on the vehicle inspection report

Buying a used car from car dealers means simply ask for the mechanic’s inspection report of the used car you want to purchase. If they fail to show you, you can simply walk away from the deal or get your own mechanic and check the vehicle, before taking it out.

Mistake #3 – Overlooking fuel consumption

You need to consider the fuel consumption, especially with used cars. With the skyrocketing prices increasing on fuel, your used car may turn to be very expensive, if the fuel consumption is more. Overlooking or ignoring the fuel consumption may prove to be costly later. Check the miles it gives per liter to be on the safer side.

Mistake #4 – Overlooking certified pre-owned (CPO) vehicles

Visiting certified pre-owned car dealers are the best as they meet a higher standard and sell vehicles that are only a few years old and has covered only limited miles. Such Preowned certified car dealers put the vehicle through comprehensive inspection and repair the deficiencies. They also offer warranty.

Mistake #5 – Consider comparison shopping

The online tools are many to do comparison shopping. Look for your choice and note that dealer prices are certainly higher to private seller prices. Consider comparison shopping to know the present price running and usually car dealers offer value and concern to the end user and take some risk for you buying a used vehicle.

Risks are associated with buying a new or a used car, but keeping checks, ensure you are in a good shape and the vehicle is serving your purpose for a long time.

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