In the USA, the cradle of the automobile industry, for every new car sold, three pre-owned cars are sold. In Europe the ratio is 1:2. Africa and Latin America are big markets for the refurbished pre-owned cars.
As a car owner, you will have to protect your vehicle from possible disasters like road accidents, theft and injury claims with a suitable car insurance policy. While the necessity of car insurance to meet your vehicle’s liability coverage can’t be denied, you should at least try to lower its premium rate as much as possible, without compromising on the coverage. Here is a quick expert-look at the crucial factors that can affect your car insurance premiums for good or bad.
Cars play a very important part in action movies, creating the necessary adrenaline rush and helping with the plot twists. There are countless movies with expensive and vintage cars. However, there are a few movies with signature scenes and car sequences that stand out from the rest, with special effects as well as customised cars that all car enthusiasts love to watch. Here is our panel’s list of the top 10 movies on cars.
A recent survey conducted by McKinsey & Co found that almost 13 percent of buyers are no longer prepared to even consider a new vehicle without Internet access, and more than a quarter already prioritize connectivity over features such as engine power and fuel efficiency. However, connected car experience is a relatively novel concept for Indian automobile buyers and users.
Hyundai’s i10, India’s top selling model since its entry in 2014, has had a facelift and the much-awaited 2017 Grand i10 has been launched. Hyundai Motors has been proactive in responding to the customer’s insights and understanding the sensibilities of the competitive automobile sector, introducing the upgraded version with stylish touches. The timing of the 2017 grand i10 launch has been planned to coincide/pre-empt the arrivals of potential models of other cars in the same segment. Considering the competition in this segment, we decided to take a thorough look to find out if Hyundai has actually come up with some radical changes or if it’s the same old version jazzed up a little.
More often than not, used car buyers are quite particular about the price of the car they have chosen, as they already have a pre-decided budget for the car in their mind. In this scenario, it’s important to realize that the overall cost of owning a refurbished car can be much higher than the price quoted. There are many a hidden cost involved in the purchase of a refurbished car. Here’s a sneak peek at some of these costs.
One of the biggest automotive markets in the world, India is also, ironically, one of the most value-conscious ones. The average Indian car buyer wants to buy the best possible value for his money, especially when it comes to consumer durables and automotive. Hence, the resale market in India is huge, with a large demand for certified pre-owned cars. While the list of popular cars is seemingly unending, here is a definitive guide to the top 5 cars in the resale market in the country.
The off-roader community of India, currently populated mostly by owners of SUVs, is agog with excitement. Scorpion MK IV, often labelled the “Most Lethal Vehicle” will soon be launched in India, thanks to IronScorpion HMV Pvt. Ltd., a Joint Venture between Preferred Chassis Fabrication and Sarbloh Motors of India.
How many of us think about the future resale value when using our car? While we might think about the resale value when buying the car, it is the last thing on our minds while actually driving it. Hence, when the time comes to replace our old car with a new one, the resale price most often is a huge disappointment.
The long awaited GST rollout is now finally likely by July 2017. With the Government keen on introducing the Bill in the second half of the current budget session in Lok Sabha, the Indian automotive sector is eagerly awaiting to rev up and reclaim its position as the third-largest auto market in the world. Having negotiated some tough roadblocks and speed breakers brought by demonetization and its after-effects, the sector is ready for the next step – the GST. So will GST impact the sector? And how?