Better roads, more disposable income helps boost demand.
M&M's used car biz becomes the first private firm to tie up with a bank for conducting online auctions of repossessed and off-lease cars. Ajay Modi reports.
In case of exchange, the automobile company offers the wholesale price on the old car, which can be 10-12 per cent lesser than the retail price.
Promoted by conglomerate Mahindra & Mahindra, Autoinspekt, a cloud-based vehicle inspection platform, is fast emerging as a critical tool for used car buyers and sellers.