With the world turning into digital platform, most of the buying and selling activities are carried online as people have turned to Smartphones and online classified ads. Most of the people are even selling and purchasing the automotive on these classified sites too. In India, this trend is also gaining momentum because the mobile users are increasing daily.
People can now post the ads about their used cars online with specifications and quote the relative price for the same too. Even most of the businesspersons with pre-owned cars are posting online classifieds for selling the used cars.
Going Digital with Purchases
Many E-Commerce websites are present online, on which the executives can sell the used cars. However, these people do not go for an auto loan, as there can be many hassles in getting the loan for the used cars. So, most of the cars are bought and sold in monetary terms only through the online sites. People prefer purchasing the cars through these online portals as they find it convenient and the quoted price is very low as compared to the market price.
In the year 2016, most of the online classified sites have sold the cars in India but some of them were not able to monetize the business well. This interrupted the customers’ loyalty and most of them ended up to be one-time consumers. However, with the rise of big players in this market and huge investments, the classified sites have now emerged as the biggest hub for selling and purchasing of the cars. These cars are actually from the automobile makers like Mahindra, Maruti, Hyundai and many more. Even some of the luxurious cars are also registered on these classified sites and people are no more purchasing them through personal contacts.
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Providing Customer Satisfaction
The predictions for the used car market for the year 2017 is related to the entering of big players in the market and more pre-owned used cars businesses are helping the customers throughout in the transactions. They are making sure to provide loans, solving queries regarding a particular model and selling of the car in a hassle-free manner so that consumers do not have to face any problem.
Somehow, due to demonetization in India announced by the government, the online car sales have witnessed a low sales volume according to some official reports. However, as the money market is settling down slowly the experts have again seen a bounce back in the online sales and purchase of the used cars within a month or some weeks later. Still, the experts from the automobile market are of the view that the sales volume will take some time to recover from the demonetization effect.
Therefore, it can be seen through the predictions that the upsurge will be reported in the sales of the used cars from the classified online sites, as it is becoming a one-stop shop for the users.
Azher Memon is an auto blogger having a passion for cars. He is writing about the cars for 6 years and developed a skill which helps him to identify the best car among the option. Carwaar.in is his brainchild and dedicate attempt to provide nothing but best.