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Made in Madurai                

Wednesday, June 08, 2011

Used cars market in continuous growth in Madurai, Trichy, Coimbatore and Chennai

This is the age of times where everyone is opting for Cars, if we are able to afford it. In fact, everybody is able to afford for cars, just the roads are not compatible enough to have more cars in the infrastructure we have.

However, everyone prefers for car and it is safer compared to two wheelers and also the family can go from one place to another place. Given this situation, also the banks are ready to give loans to eligible bankers.

Having this situation, there is a new finding that the used cars is selling progressively higher in these days. Last year it had 20% more sales and this year more than 15% sales in used cars and the same time the new cars sales has reduced in comparison to the used cars sales.

There are many used cars dealers these days - SanaCars.com, Sun Cars, Thirumalai Cars, Pandyan Cars etc., in Madurai. Also the new car dealers have started their own section of used cars like ABT Maruti's pre-owned used cars division for sale, Tata Motors has its own used cars division for sales.

Having this situation, it is good for the environment to reuse and instead of going for new cars, use the same used cars already produced in the market. The experts say that this is happenning because of gas prices increase and the interest rates increase by RBI for car loans.

This article is sponsored by SanaCars.com

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