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What is The Best-Selling Second-Hand Car in India?

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BMW 3 Series is the best-selling second hand luxury car in India in recent times. Although the sales figures for brand new units took a sharp dip during the first wave of the Covi-19 pandemic, the demand for used BMWs grew suddenly as a majority of owners started selling their cars for a better option, and subsequently, the demand and supply gap decreased rapidly. In the Indian luxury car market, the demand for used or pre-owned luxury cars is steadily growing due to many reasons. First and foremost, after the pandemic, people are willing to buy more individual cars for commuting, keeping in mind the social distancing norms in place. Moreover, since the depreciation cost of brand new cars is high, people are opting for used cars that were produced or bought first hand within the 4 to 5-year duration (2016 to 2021). People have now realized that not only the luxury cars help them make a statement in their social circle, but also are more reliable and safe in the long run.   BMW manages
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Should I buy a used luxury car?

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A common question that crosses the minds of consumers while looking for a brand new car can buy a used luxury car is a good decision. Consumers today are more connected and more aware of the latest trends in the automobile sector. With the major players trying to maintain their stronghold and new global players entering the Indian domestic market, the competition has upped a few notches. This has resulted in competitive pricing and a plethora of options for everyone. Indian car enthusiasts are shifting from the regular premium car segment to the luxury car segment because of the fall in prices due to the competition we talked about. Convenient financing options have allowed consumers to break down a major chunk of the money into easy EMI’s for buying luxury cars. Moreover, the entry-level luxury car segment has evolved considerably with automakers introducing more variants in that segment and decreasing the choices as we go up. Reduced taxes and excise duties have also helped few debu
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Which is One of The Best Second-Hand Luxury Car to Buy?

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A 2014-2016 edition Audi A6 is the best buy when it comes to buying a  second hand luxury car in India . The German giant, along with Mercedes and BMW, has made a strong presence for itself in the domestic car market in recent years. While some may argue that one should go for either  Mercedes or BMW  when it comes to buying a second hand car,  Audi  stands out due to the durability factor that it brings to the table like none other.  Let’s face it, high-performance cars offered by luxury car makers are bound to be tested in harsh conditions by the owners. The driving styles, upkeep, and maintenance differ from owner to owner. Young enthusiasts tend to push these machines to their limits, while executive class individuals tend to go soft on the vehicles. While Mercedes is preferred by institutions and organizations, BMW tends to be sought after by performance enthusiasts. Audi lies squeeze comfortably in between the two and blends in the luxury factor with the performance into a singl
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10 Secrets You Didn’t Know Before Buying a Used Luxury Car

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Secret-1: Not doing any analysis and heading straight to the dealer When buying a new car or a used luxury car, always research the dealership and select one or more car dealerships that you plan to visit to purchase a car. Almost every car dealership has its website, where you can familiarize yourself with the description of the  second-hand premium car  you are interested in, choose the vehicle configuration you need, and find out its cost. Thus, you will be able to collect the necessary information about the car since the seller is obliged to provide the consumer with the necessary and reliable information about the product promptly, ensuring the possibility of their correct choice. Secret-2: You don’t know how much you can afford To realize the dream of   buying the first car , it is necessary to do good financial planning. Many people make the mistake of just buying the vehicle without thinking that they will have to pay taxes, fees, maintenance, and fuel, such as increasing the m
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Eight Certified Pre-owned Luxury Car Lessons That Will Pay Off

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When we say a certified   pre-owned luxury car , we mean that  100 checks will be carried out before relisting a car that can be either the   pre-owned BMW cars  or any other brand. This service represents a valid opportunity for those who intend to buy a used hybrid or electric car with certified kilometers. Following the checks, all parts deemed unsuitable are restored and replaced with original spare parts. The results of checks, the state of wear, and the certification of kilometers are all reported in a report that accompanies the certified used car for sale.   Do you differ between a certified pre-owned luxury vehicle and a used luxury vehicle? When you make up your mind that you have to go for a used vehicle instead of a new one, there comes a choice that should you go for a regular used luxury car or a certified used luxury car. The certified   luxury second-hand car  models indeed will be a bit costlier than the used luxury cars but remember it comes with a proper warranty of
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What is the True Market Value Of Pre-owned Luxury Car? And Why you Should You Care!

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How does TMV(True Market Value) fall year after year for a brand new luxury car? The value of a brand new luxury car continues to decline as it is used. However, the depreciation of a car is not constant; it resembles a curve. Shortly after the new registration, the drop in prices is particularly steep; the car’s greatest depreciation occurs within the first year. The fall in prices levels off somewhat between the second and third year. Thus, going for a pre-owned luxury car is a wiser option. One of the reasons for the rapid loss in value of new cars is the oversupply of young 2nd hand luxury cars in addition to demonstration vehicles from dealers, there are also many ones to three-year-old cars on the market from leasing returns or decommissioned rental cars, which then lower the average residual value. A new luxury car loses 11% of its value after leaving the parking lot If you are thinking of getting a newer vehicle, you should consider investing your money in a newer used car if l
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A Complete Guide To Know About Used BMW X1 Maintenance For 2021

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The maintenance cost of used BMW X1 BMW X1 is one of the most popular luxury SUVs bought by Indian luxury car enthusiasts. BMW India announced new, affordable, pre-paid, upgradable packages for the Indian market in 2019. The packages start from INR 39,000 to INR 56,000 for the X1 petrol and diesel variant respectively, for a 3 year period. Used BMW X1 used to cost a hefty amount to maintain a few years back. The maintenance cost of used BMW X1 could go up to INR 2,00,000 for a 3 year period owing to the non-availability of spare parts and components locally in India. Since 2018, the German carmaker has tried to strengthen its supply chain and service center network to bring down the maintenance cost of its luxury vehicles. Major maintenance components of used BMW X1 Buying a used luxury car is a thorough process. There are hundreds of checks and inspections which must be done before buying a pre-owned luxury car The BMW X1, like every car, has some important components which are respo
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