Normal 0 false false false MicrosoftInternetExplorer4 Demand for used cars: Indian Automobile Manufacturers Association informs that in
India used cars sales is at par with new car sales. Every year 13 lakh new cars are sold in
India. Nearly 10 lakhs used cars
are also sold in the market. ‘True value’ of Maruthi, ‘Advantage’ of Hyundai, ‘Assured’ of Ford Corporation, ‘Auto Mart India’ of Mahendra,
‘Auto Terrors’ of Honda
are the important used car sellers. It is estimated that by 2012 used car sales will be higher than the new car sales. According to Market Analyzers due to regulated sales,
the value of used
cars increasing in the market.