Bharat Book

Indian Pre-owned Car Market available through

Press Release   •   Nov 02, 2011 14:25 IST

Pre-owned Cars are generally a strong segment in the making considering the fact that from the time the first car rolled out on Indian roads in the early 19th century, the Indian car market has seen many fluctuations and developments. The various Automobile giants across the world are tightening themselves and zeroing themselves on Indian soil.
 The Global Recession has taken its toll even in India due to which the used car market which has found its value in the last few years has strengthened more than ever. Pre-owned Cars have been in Indian market for years, but because of the unorganized and risky nature of buying used cars without certification from dealers they never made themselves as a significant part of auto industry of India. market research reports
 As now many of the major car manufacturers are coming in this industry, customers are opting to buy used car models that hold a manufacturer’s guarantee as used are cheaper and affordable than new cars. The boom in the new car industry has largely contributed to the used car industry providing a large supply of quality used cars to the industry aggregating a double digit sales in the used car industry. The market size for the used car industry has been growing at a pace of 25-30% with the compared rate of 13% rate growth of the new car industry. The annual sales of used car in India are approximately 1.4 million while 1.3 million new cars are sold every year.
 The market share that exists among the various players in the market are Maruti Suzuki True Value, Honda Seil Cars Auto Terrace, Hyundai advantage, Toyota You Trust & Mahindra First Choice. But the major share is held by the unauthorized dealers who make sales in the used cars without even paying taxes to the Govt. which in turn increases the sales of the used cars from them as the taxes that are levied on the authorized dealers makes the sales from them a bit high priced which in turn forces the customer to move towards the unauthorized dealer which offer the same product at a much lesser price.
 Table of Contents :
 Executive Summary
 Industry Overview
 Usage behavior trend
 Market Size
 Market Structure & Segmentation
 Market share & Key Players
 Competition situation
 Key Drivers and Challenges
 Distribution System & Structure
 Supply System & Key Distributors
 Market Entry Strategy
 Key Success factors
 Financial Analysis
 Country Advantage
 Regulatory Advantage & legal frameworks
 Expert Talk
 Industry bodies
 Industry SWOT
 Market forecast with Macroeconomic assumptions
 PEST Analysis
 Global & Regional market for the products in the industry
 Sales of New Automobile
 Production Figures of New Automobile
 Exports Figures of New Automobile
 State-Wise Sales of New Cars Data for Top Ten States
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