The automobile sector in India has seen several ups and downs in the past few years. The year 2019 has been the year of slowdown for this industry. Paradoxically, however, the sale and purchase of pre-owned cars has been steadily growing.
It is a marked trend these days among car lovers to purchase used models of sedans and SUVs that are in good condition. There has been a steady demand for well-known models of car manufacturers like Renault, Maruti, Honda, Tata, etc.
Car buyers need to keep this aspect in mind while purchasing new models to: the resale value of the car is very important, so it makes sense to buy a car with less depreciation cost. A car with a low depreciating value is easier to sell at a comparatively higher price as it is in high demand. The resale value of a car depends on various factors like looks, car condition, and the waiting time for new models.
Let’s take a look at which cars were in most demand in the used car market.
And talking of purchase and sale of used cars, what can be a better option than the trusted car sell portal OLX Cash My Car? Do check out local used car dealers for great deals in pre-owned cars. For first-time car buyers, the Indian market offers properly tested and evaluated pre-owned car models that offer the best value for money.
Happy Car Shopping!
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