The used car market in India has matured in the last two decades with ready company owned used car operations from Hyundai, local franschised multi store (warehouse) operators like Classic Cars and even multi brand all purpose car repair chains from Carnation.
Image via Wikipedia
The current story in the papers of course is the DNA money story on Diesel car demand landing an unusual bonanza for petrol models, as used car sellers are almost holding mass clearance sales int heir own way for their inventories of petrol models. Diesel models have hostorically enjoyed premiums to ensure basic availability and noww with Diesel car demand growing that premium has shot up enough for that neighbourhood ‘s tore’ to give away petrol cars for cmore losses esp where he owns the inventory. Individual sellers will have to hold on to their crs longer to get the price they want for their favourite ride.
Related articles
- Diesel car prices top petrol models (confused.com)
- Hybrid cars ‘help cut fuel costs’ (autonetinsurance.co.uk)
- Drivers sticking with petrol models (autonetinsurance.co.uk)
- Londoners ‘shun diesel models’ (autonetinsurance.co.uk)
- Freebies to petrol cars (thehindu.com)
- India Auto report (Sales – November 2011) (awardz.wordpress.com)
- Two wrongs do not make a right (thehindu.com)
Discussion
No comments yet.