Channels For Buying And Selling Of Used Commercial Vehicles

Automobiles have become an inevitable part of our lifestyle today. It is not only a measure of national economy; but also of an individual’s growth in life and his/her social status as well. However, in times of soaring inflation, when the value of money depreciates every single moment, it is always good to look for alternatives. It is for this reason that a pre-owned vehicle may be as good as a new one these days.


Before zeroing on the service provider for such business, one must be completely aware of all the platforms through which such transactions take place.

Many semi-organized and organized enterprises are coming up in India to bank on this untapped trade. These service providers offer many channels; however, few of these are very popular like:

Physical/Live Auctions

·         The Physical auctions offer the possibility to inspect vehicle in person. One can also get a sense of the hot selling Used Vehicles, used construction equipments, and assets. This information may help end users, dealers with their auction strategies, greatly.


·         Additional, these auctions also offer the buyers and sellers with an opportunity to connect with each other; which might come handy in learning about the market trends.

Online/E-auctions

·         The online platform displays an increased variety of used commercial vehicles and equipments to the customer, along with the comfort of operating from anywhere.

·         Through this platform, the customer can bid and have the automobile checked once the auction is over. Service providers with a bidding website specialized  are just the intermediaries, if a person’s bid wins, it is between the two parties involved to close the deal and write the contract.

• ONE STOP (INTRANET KIOSK)

·         A company has recently come up with one stop intranet kiosks which are loaded with an exhaustive list of all the stock for every automobile/equipment available with them.


·         The Kiosks are exceedingly interactive medium making the transaction journey very easy approaching & smooth for the end users.

• PRIVATE TREATY

·         This platform brings together the sellers and buyers of bulk stock together. This is again an online process where bulk business is initiated when we upload the inventory. The purchasers are encouraged to submit their quotes.

 One must always look for a reliable source offering such business platforms as they provide guarantee of deserving ownership and accident certification to their end users and vendors along with better quality and benefits like warranty period and free repair services, engine loan, credit card facility, valuable services, general insurance, repair & refurbishment, documentation, etc.

SAMIL is an author of this article for more info about used commercial vehicles please use this link: https://www.facebook.com/ShriramAutomall

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