Almost everyone in the twenty-first century owns an automobile. Nobody, especially in a metropolis like Bangalore is without a car. Because the speed of life in this city is so fast-paced, waiting in huge lines for public transit is impossible. According to a report, the statistics supplied by Bengaluru’s Transport Department were shocking. As of January 2021, the total number of automobiles registered in the city had nearly surpassed one crore.
Second hand cars in Bangalore are most used and preferable. Given the amount of taxes paid by the Indian government on the purchase of a new automobile, it is understandable that purchasers are shifting to used cars. Used cars at DROOM have included pricing estimates, features, and historical information. Buyers may browse through these selections to choose the best one for their unique needs.
Buying A Used Car Saves Money
It’s no surprise that buying a secondhand car is less expensive. A well-kept Used Cars, on the other hand, represents greater value for money than a new one. For example, if a brand-new sedan costs Rs 8 lakh (on-road), you can obtain a well-kept, lightly used, and a few months old models of the same car for roughly 6-7 lakh, giving you more bang for your buck. This holds true for every car in India. According to me, it is extremely beneficial to buy Best Used Cars. Used cars at DROOM have a good variety.
You Can Advance in Life
This point follows from the previous one. Take, for example, a middle-class family member who wants a larger car to accommodate his growing family. He can possibly look at the Hyundai Grand i10 or the soon-to-be-released Tata Tigor with a budget of Rs 5 lakh for new cars. On the other hand, for the same money, he may cheerfully acquire a used Maruti Dzire, a Hyundai Verna, or even an old Honda City. These vehicles are unquestionably superior to the Grand i10 and Tigor. Larger vehicles provide more comfort, better features, enhanced safety, and, of course, a higher social prestige.
Depreciation is handled
This is something that most purchasers are unaware of. Every automobile has a depreciation value associated with it. When you drive out of a new automobile showroom, the car’s value decreases from the first day! Most automobiles lose 25-30% of their value in the first year and another 10-15% in the second year. This indicates that if you sell an 8 lakh rupee automobile after three years, you could expect to lose 4 lakh rupees.
On the other hand, if you buy a comparable automobile from the used car market and sell it after three years, you will only lose around half the money. This is due to the fact that when you acquire a used car, the previous owner has already absorbed the depreciation value. Doesn’t it sound nice?
Schemes for Easier Financing
As previously said, the used car market is becoming more structured. Most manufacturers have their own pre-owned divisions, and a growing number of financial institutions are now offering low-interest loans. As a result, if you decide to acquire a used automobile, you won’t have to worry about large EMIs. Some automakers with used car divisions are now providing ‘zero down payment options as well.
Mindfulness
One of the most common concerns among second-hand car buyers has been the vehicle’s uncertain dependability. Modern engineering, on the other hand, has made automobiles extremely dependable. Furthermore, warranty lengths have risen, and most of the owners wind up acquiring ‘extended warranty in the first place. This means that if you buy a secondhand automobile that is 1-3 years old, you don’t have to be concerned about its dependability.
It is also easy for a car owner to obtain the service history from an approved repair and demonstrate it to the buyer.
Used Cars Under 10 Lakh in Bangalore
| Maruti Suzuki Swift | ₹ 1 Lakh – 8 Lakh |
| Toyota Innova | ₹ 3 Lakh – 27 Lakh |
| Honda City | ₹ 1 Lakh – 15 Lakh |
| Hyundai Verna | ₹ 2 Lakh – 13 Lakh |
| Hyundai i10 | ₹ 1.25 Lakh – 4.Lakh |
| Hyundai Elite i20 | ₹ 4.8 Lakh – 11 Lakh |
| Maruti Suzuki Alto | ₹ 0.5 lakh – 4.5 Lakh |
| Hyundai Grand i10 | ₹ 3.31 Lakh – 7Lakh |
| Volkswagen Polo | ₹ 2.90 Lakh – 11 Lakh |
| Mahindra XUV500 | ₹ 6 Lakh – 18Lakh |
When all the facts and indicators are considered, it is evident that purchasing a used automobile is more advantageous than purchasing a new car. All the owners who have driven used automobiles have given them high marks for performance, elegance, and value for money.