|posted: 1/3/2020 at 5:06:27 AM ET|
Over the past few months, I have been asked if it’s a good idea to buy cars in India through a classified portal. Before answering this question, let’s take a look at the car business as a whole.
The major companies buy three million cars each year and after 18 to 20 months, those cars do not magically disappear, they get sold, either at major auctions or through a classified portal. This means roughly one in five cars on the road is a well-conditioned used car on which you could be sitting right now and do not even know about it.
A few thoughts coming in mind when it comes to buy used cars in India. Someone will say it’s a good deal and the other one will suggest to avoid them at all cost. And you will get confused.
Unfortunately, you will not get a simple answer. Here, we will explain the process major companies follow when selling their used cars and we will suggest how to buy used cars in India wisely.