As we all know that e-commerce i.e. e-business is at its peak and is new in trend for every segment. In clothing segment it has too positive response but when we talk about second hand car sale online then it sounds a bit different because people are getting aware to it slowly. But this segment will also be at its peak like way the clothing is.
A used car or second hand car is a vehicle that has previously had one or more retail owners. Used cars are sold through variety of ways like by independent car dealers, rental car companies, outlets, franchise and now they are being sold online also through various sites and franchise.
We know that there is so huge hike in the prices of every product. So people who can't buy new product decide to get second hand product. Just like in case of cars, people use to search around here and there for second hand cars or they use to go to the dealers and the dealers charge commission on them. So to make these things easy, online portals were made just like the car dictionary, car dekho, quicker, auto portal and many more coming around.
So these portals have revolutionized the second hand autos market and have reduced the scope of dealers in the offline market. These online portals have demolished the concept of the commission which was earlier charged by dealers.
The used auto industry is a mirror reflection of the new car market. For a used auto buyer two things matter the most, the quality of the car and the price. But the large part of used car market is unorganized, which is because of deals led within the friendship circles, roadside dealers and within family. At the present condition, only 18 percent of the market is controlled by the organized sector.
Earlier, it was only 11 per cent five to six years ago. There is huge growth in the used cars industry in the last few years and with the more organized players coming in the segment it will have increase in its scope after next few years. Growing aspirations of the middle class and the dream of owning a car have fuelled second-hand car sale and spurred the growth of the used car market. The second hand car market is mostly used by first-time car buyers. But according the condition as more people look at the used car market for aspirational buy that segmentation is beginning to change. Many companies like Mahindra first choice wheels, say almost 65 percent of their customers were first-time car buyers.
So here are some of the names of online second hand car portals
-the car dictionary
- auto portal
- car dekho
- motor trend
so these are some of the names of online auto portals selling second hand cars.
This sector is now at its beginning and will have great opportunities for buyers and sellers. As it will grow further, the interest and trust of the people will also shifts to online use for buying used cars.
Thank you
Mukul sehgal
A used car or second hand car is a vehicle that has previously had one or more retail owners. Used cars are sold through variety of ways like by independent car dealers, rental car companies, outlets, franchise and now they are being sold online also through various sites and franchise.
We know that there is so huge hike in the prices of every product. So people who can't buy new product decide to get second hand product. Just like in case of cars, people use to search around here and there for second hand cars or they use to go to the dealers and the dealers charge commission on them. So to make these things easy, online portals were made just like the car dictionary, car dekho, quicker, auto portal and many more coming around.
So these portals have revolutionized the second hand autos market and have reduced the scope of dealers in the offline market. These online portals have demolished the concept of the commission which was earlier charged by dealers.
The used auto industry is a mirror reflection of the new car market. For a used auto buyer two things matter the most, the quality of the car and the price. But the large part of used car market is unorganized, which is because of deals led within the friendship circles, roadside dealers and within family. At the present condition, only 18 percent of the market is controlled by the organized sector.
Earlier, it was only 11 per cent five to six years ago. There is huge growth in the used cars industry in the last few years and with the more organized players coming in the segment it will have increase in its scope after next few years. Growing aspirations of the middle class and the dream of owning a car have fuelled second-hand car sale and spurred the growth of the used car market. The second hand car market is mostly used by first-time car buyers. But according the condition as more people look at the used car market for aspirational buy that segmentation is beginning to change. Many companies like Mahindra first choice wheels, say almost 65 percent of their customers were first-time car buyers.
So here are some of the names of online second hand car portals
-the car dictionary
- auto portal
- car dekho
- motor trend
so these are some of the names of online auto portals selling second hand cars.
This sector is now at its beginning and will have great opportunities for buyers and sellers. As it will grow further, the interest and trust of the people will also shifts to online use for buying used cars.
Thank you
Mukul sehgal
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