An Organized Dealer Helps

You will often find a good market to buy a used car, as there are many car-sellers who do so as they lure for new latest models in the market.

At present the used car market has grown and the number of organized dealers for used cars has also grown, to name a few: Maruti True Value, Mahindra Firstchoice, Hyundai Advantage, ToyotaU Trust and Automart India. These dealers’ source cars certify them and put for sale.

“Before putting up a car for sale, these dealers do a thorough due diligence. Their personnel look at the condition of the car, ensure it is accident free and take care of the documentation which ensures that the car is genuine and not stolen,” says Rajesh Sood, MD and CEO, Ecardlr.com, quotes ET. Used cars bought from these dealers have a warranty period of six months to a year.

“Most banks and NBFCs are comfortable financing a car through an organized dealer because of the due diligence done by the dealer, which reduces the financiers' risk,” says Banwari Lal Sharma, AVP (marketing), Carwale Automotive, as quoted by ET.