Why in India used car market is all time high?
In India used car market is gaining the fame at the rapid pace for numerous different reasons. Demand for 2nd hand cars is very immense and the people are also gradually getting used to it. Each year there is almost 20% increase in a demand for 2nd hand cars in past five years. With an availability of the higher end car at very cheap price, most of the people are happily accepting them. Reason for this increased order is 2nd hand cars are due to the availability of the used car prices in market. In India, common man may not afford the new car because of financial constraints. So, most of the lower and upper middle class people prefer to buy 2nd hand cars to fulfill the dreams as used car prices in India are much low than the new cars. The main reasons for a booming market of used cars in India: Less liquidity and high interest rates in market allow to an increase of the demand of the fancy and latest cars in a market at very cheap rates. You can buy used cars in India from online servi
