The Growing Market For Second Hand Cars In Bangalore

Cars have always been a symbol of luxury in India. Not everyone in the country has the required resources to be able to purchase a car. The same is true for the country’s hub for information and technology; Bangalore. Then how is it that by the end of the year 2016, there were more than 60 Lakh Cars in the roads of the city? The answer to this question lies in the fact that a number of people are opting to buy a pre owned or second-hand car in Bangalore.

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Why are buyers shifting to second-hand cars?

The general statement heard by sellers is “I want to buy used carin Bangalore. Bangalore is one of the most expensive metropolitan cities in the country. The high prices of everything from food and accommodation to travelling expenses have led to more buyers looking for used cars which they can purchase without incurring a lot of expenditure.

Are used cars a better option?

In a city like Bangalore, not many professionals belong to the high-income bracket. These are mostly young graduates or technicians who have shifted base to the city in search of attractive job opportunities. These professionals are not looking to invest a lot of money in a car while still wishing to fulfill the dream of owning one. Many banks also offer easy loan options with flexible EMIs and easy rates of interests. Hence, a second-hand version of their favorite car is the perfect choice.

Second-hand cars are basically used cars, but after necessary cleaning and modifications, they look as good as new. Many dealerships and online portals which sell used cars provide cars which have undergone necessary security and quality checks. All these factors have promoted the sale of previously owned cars.

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