Used Cars Showroom in Delhi

Getting a used car has become an easy affair now. Just go to any used car showroom in Delhi and grab one. Well it may not be that simple, you have to obviously go to the right dealer and look at the plethora of options before deciding on the one to spend your hard earned money on.

There are several factors which are responsible for the growth in the used car market. Better economic condition has meant that many people who own a two-wheeler or don’t even own any vehicle at present want to buy a car. These new buyers are looking towards the used car market to fulfill their aspirations. The number of options before a buyer has also increased manifold. They just don’t stop with your uncle’s fiat or your neighbour’s ambassador.

Desire to own a car has meant that the buying and selling of used cars now involves a larger group of people and not restricted to just friends and relatives. Several factors such as lower prices, easy availability of loans and the fact that people are switching cars far more frequently now are likely to boost the demand of pre owned cars.

The huge growth in the Indian used car market has been pushed by the greater penetration of the Internet in the last few years. Now, a customer can easily search and compare different car models and get a good bargain.

In India, sale of new cars have not seen much of a growth in the last five years. This has been attributed to a global slump and various other factors including a slow economy and ever-increasing fuel prices. On the other hand, the over 3 million used car market is witnessing an unprecedented growth, so much so that used car market is believed to be bigger than that of new cars.

According latest reports, the Indian used car segment has significant potential, with the overall market expected to grow at an annual rate of over 20% in the next three years. In a changing trend, many first-time buyers especially youngsters are increasingly moving towards the used car market.