If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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    We found 8 Used Car Loan - Introduction

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    13.1% - 15% Floating
    0
    20K - 10L
    1-5 Years
    Response Time Within 30 minutes
    Ad Rs.2,500 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    12.5% - 14.5% Floating
    2% One time fee
    1.5L - 25L
    1-7 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free 100% financing on car value
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good To Know
    Eligibility Criteria
    11.65% Floating
    575 One time fee
    1L Min
    1-3 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11.45% Floating
    ₹575 to ₹8050
    35K - 25L
    5 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    16% Floating
    1% One time fee
    50K - 15L
    1-4 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    13.50% - 15% Fixed
    Up to ₹5,310 One time fee
    75K Min
    1-7 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    12% - 14% Fixed
    2,500 One time fee
    1L Min
    1-3 Years Tenure
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
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  • Used Car Loan Reviews

    • Bank Bazaar Customer Support
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar website is very much easy to handle, also it has got all the information about finance. Bank bazaar provided a good service when I contacted them to process my loan application. The services offered by Bankbazaar is really good. The response is very good. It was very much fast and I am completely happy with the service provided by them.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 18, 2017
    • HDFC Bank Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      HDFC bank has been great in the car loan process. The documentation is normal and I got the loan on time. The deal was very attractive on the rate of interest. It was around 8.50% and the processing charges was a minimal amount of Rs. 6000 to 7000 and the tenure is for a period of 5 years of time.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 18, 2017
    • Bank Bazaar Customer Support
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar customer service is very good and The bank bazaar is the best portal where we can choose the products. The bank bazaar web portal is easy to use and user friendly. The bank bazaar gave very satisfied service the response was very quick.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 18, 2017
    • ICICI Bank Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The customer support executive of ICICI bank was very helpful I was given all the information about the car loan, loan amount I have applied 3.75 lakhs with 2500 rupees processing fee and the tenured is for 5 years of time They are very good in the service and response
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 18, 2017
    • HDFC Bank Car Loan
      "EXCELLENT"
      0.5 4.0/5 "Great!"
      The HDFC bank response was positive when I approached for the car loan.HDFC service was good, They had done very fast process to disburse the amount within a weeks time but I have taken the loan after 15 days of time.The rate of interest is 9% tenured is for 4 years of time and the EMI is around 7900 approximately.
      Was this review helpful? 0
      , vapi
      Reviewed on Aug 18, 2017
    • Bank Bazaar Customer Support
      "Feedback scrutiny for the loan applied through bankbazzarcom"
      0.5 5.0/5 "Blown Away!"
      It was mindblowing to keep searching for the best suitable offers.fantastic experience.but make it little bit user friendly as well.i was able to choose the apt one that suits my requirements.thanks to bankbazzar for helping me to find one.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 18, 2017
    • Bank Bazaar Customer Support
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Everything was fine with Bank bazaar as the customer services are good the details were clearly informed to me The website of bank bazaar is easy to use and user friendly I got the call from bank bazaar very instant after applying over all everything was fine and this was my first experience.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 18, 2017
    • Axis Bank Car Loan
      "RATE OF INTREST IS HIGH"
      0.5 5.0/5 "Blown Away!"
      Axis bank is good in customer service. The Rate of interest is very much high, when compared with other banks It would be great , if axis doing better with rate of interest The response was very instant from the banker and only because of high rate of interest I did not proceed with them
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 18, 2017
    • Bank Bazaar Customer Support
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I received a good response from them.When I approached bankbazaar website for my car loan, I came to know the loan process in detail. Their website is very helpful to choose the bank. Bank Bazaar executive have called and helped on loan process
      Was this review helpful? 0
      , surat
      Reviewed on Aug 18, 2017
    • TVS Credit Services Car Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      It was not a very good experience with TVS Credit services for the car loan as there was no clarity in the details they communicated which gave me unsatisfied service Intillay I received call from them and they have told that they will fix an appointment with executive but no one turned up and the loan amount I had an idea of taking 2 lakh rupees.
      Was this review helpful? 0
      , surat
      Reviewed on Aug 18, 2017
    • Bank Bazaar Customer Support
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The portal is very simple and it is very much easy to navigate the customer service and the response provided by bank bazaar is fanstatic. I got an instant response from their executive on my car loan application.I appreciate the service provided by Bankbazaar.com.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 18, 2017
    • Axis Bank Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Axis bank has done well in the process of the car loan. The customer services and response from them was good after applying for my car loan unfortunately I have not taken the loan from them since I have dropped my plan. I had an idea of taking loan for an amount of 8 lakhs.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 18, 2017
    • SBI Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Got car loan with State bank of India for a interest rate of 8.5%, which was very low comparatively. The documentation process was very good and smooth They have responded well on my car loan application they gave polite service.The loan amount got disbursed within a weeks time.over all it was a good service
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 18, 2017
    • Bank Bazaar Customer Support
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      The response which was given by bank bazaar is really good.The customer service is really good with bank bazaar, The website of bank bazaar is easy to use and user friendly.I just gone through with website and applied for the car loan I can find all the information in one go.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 18, 2017
    • Axis Bank Car Loan
      "AVERAGE"
      0.5 2.5/5 "Just OK"
      I had not taken the car loan with the Axis bank. Response was a fine one with the Axis bank. I would like to suggest that they need to provide the information clear the lady from the axis bank had spoken to me but she was not very informative she was not sure about the rate of interest, so I had to opt from other bank with good rate of interest.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Aug 18, 2017
    • SBI Car Loan
      "Swift Service"
      0.5 5.0/5 "Blown Away!"
      This is the known fact that the SBI is the best place for the lowest interest rate. I had taken the car loan, for which, they provided the lowest interest rate, and I am sure that I cannot get this rate from any other bank. Furthermore, they had completed the process in just two days. Actually the bank has done everything in a good manner because I went through a car dealer. It was a pleasant surprise that I had got my loan from SBI in two days but this happened because of the dealer. I just submitted my documents to the dealer and the rest of the loan process was taken care by the dealer. It was a hassles free service.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 16, 2017
    • Bank Bazaar Customer Support
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      The bank bazaar customer service was very supportive and helpful the customer service and the response with bank bazaar was good. The bank bazaar web site is easy to use and user friendly. I am satisfied using bank bazaar portal. I am satisfied using bank bazaar website
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 16, 2017
    • Axis Bank Car Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      Response was good with the Axis bank for the car loan, which I have applied, also they are very good toward the service aspects. Customer service was also good with the Axis bank .In the mean time ,I have pose pond my plan But I had and idea of taking the loan for about eight lakhs.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 16, 2017
    • HDFC Bank Car Loan
      "Good services"
      0.5 4.0/5 "Great!"
      HDFC Bank has offered me a car loan and I am happy with the process. The bank had a simple documentation process and the loan was also disbursed on time to me. The interest rate and processing charges is normal and in all there are no hassles faced.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 16, 2017
    • Bank Bazaar Customer Support
      "About card application is faster"
      0.5 4.0/5 "Great!"
      I am very much happy with bank bazaar because they everytime coordinate with me and my proposal is also very good. Keep it up and I would certainly be with you for a long time. All loan process is going fast, also they don't keep on hold so that is the reason why I always get in touch with bankbazaar.com. 15/ 7/2017.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 15, 2017
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    Used Car Loan - Introduction is Rated as "Great!" by 28701 Users

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    Car Loan BYTES FROM OUR KITCHEN

    Used Car Loan - Introduction

    The latest avatar of an age old adage is ‘old is sold’, and the rule applies to almost all our material possessions that are deemed aged, redundant and replaceable. A used car loan helps you procure an otherwise costly item that in mint condition would cost you a lot higher than its current ‘pre-owned’ state. Thus, allowing people with lower budgets to elevate themselves to the status of car owners. Aside from being a very comfortable option to purchase a ‘new’ car, a used car loan offers a dimension of simplicity, transparency and hassle free experience that is at par, and at times significantly higher than the corresponding car loan procedure for a new automobile. Want to own a car but are not willing to spend too much into the experience? What you seek is a well-maintained, reliable and springy used car that has aged gracefully, and consequently a second hand car loan to purchase it.

    Used Car Loans - Features and Benefits

      Used car loan
    • Immensely Pocket Friendly- Explained in simple associative terms, a second-hand car will cost less, thus, the pre-owned car loan financing it will also be a lesser number compared to its new-car alternative. Meaning, smaller monthly instalments to contend with.

    • Less Hassle, More Features- While most banks feature used car finance as an important component in their arsenal of products, the demand for it is naturally second to a new car loan. Thus, these products are customized to appear as customer friendly as possible. Meaning, lots of features and rebates at half the usual hassle associated with a new car loan.

    • Used Cars Are a Lot More Fun- When it comes to a pre-owned car, the choice of models isn’t dependent on its current on-road price. What would seem like a hefty investment for a new car of a particular model, seems very reasonable in the case of a second-hand car of the same make. Plus, the prospect of depreciation in pre-owned cars is considerably less when compared to new cars, thus retaining its original value when you intend to resell it at a future date. Importantly, the insurance costs of a pre-owned car is lesser compared to a new car.

    How to Apply for a Used Car Loan on Bankbazaar.com?

    On Bankbazaar.com, get a comprehensive glimpse of the various features, interest rates, eligibility criteria and required documentation for a second hand car loan as offered by an assortment of banks and financial institutions across India. All the information you want, in one complete package.

    • Calculate the applicable EMI and other essential loan details by using a variety of financial tools provided on the website.
    • A comprehensive listing of loaning banks- choose the one that meets your specific expectations.
    • Instant online loan application, followed by immediate approval based on the submitted information.
    • Robust customer support division to help you with concerns and queries.

    Applying for a used car loan on Bankbazaar.com is a simple and intuitive 3-step process:

    Step 1- On Bankbazaar.com’s homepage, access the navigational menu that is located at the top of the page and select the LOANS menu item. Next, select the USED CAR LOAN option off the various loan types listed. The resultant page helps you get an instant quote in terms of a plethora of used car loan options, as offered by various banks. Complete the simple requisite information and click on the ‘Get a Quote’ button. Now, spread before you are the various loan options. It’s time to choose!

    Step 2- You must compare between the various second hand car loan options before you and select the one that most appeals to your requirements and budget.

    Step 3- After the submission of the online application, you will receive an instant e-approval from Bankbazaar.com. This application is next transferred to your chosen bank from wherein a customer support executive will get in touch with you within a short duration of time. Meanwhile, you can track your application through SMS alerts and email.

    How to Calculate Used Car Loan EMI on Bankbazaar.com?

    The friendly financial tools available on our website make the whole EMI calculation process, as applicable to your old car loan, a simple and interactive effort. Essentially, follow these steps-

    1. Access the ‘Used Car Loan EMI Calculator’ tool.
    2. Note the two scales presented before you? One is marked ‘Loan Amount’ and the other, ‘Tenure’.
    3. Select the loan amount and the tenure applicable to you on these scales.
    4. Next, insert the applicable interest rate on your pre-owned car loan in the field marked ‘Interest Rate in %’, similarly insert the applicable processing fee in the field marked ‘Processing Fee (% of loan amount)’. Note that default values are already populated here- change them accordingly.
    5. Click on the ‘Calculate’ button to complete the process.
    6. Displayed before you is the complete breakup of the total interest due, monthly EMI and other relevant details. If you scroll down the page further, you will find a graphical representation titled ‘Your Amortization Details (Yearly/Monthly)’ that details the amortization information pertaining to your second hand car loan.

    Documents Expected When Applying for a Used Car Loan

    Based on individual banks, all or some of these documents will be requested to be produced at the time of the loan application,

    1. Proof of Age, Residence, Identification and Signature (Passport/Voter’s ID/PAN Card).
    2. Proof of Income (Salary slips/Form 16/ITR with income computation).
    3. Copies of the pre-owned car’s RC Book and Insurance records.
    4. Bank statement. Usually statements for the past 6 months will be required.
    5. Passport sized photographs (Minimum 2 nos.)
    6. Documentation or deed that establishes the credentials of a proprietorship or partnership firm.

    Eligibility Criteria for Used Car Loans

    The following list is a generalised view on the commonly expected requirements that form the basic eligibility criteria for second hand car loans. Banks, at their own discretion, may require additional proof and/or documentation to establish your eligibility for the said loan.

    • The applicant must be aged no lesser than 21 years nor be older than 65 years.
    • Must be a salaried individual, self-employed person, a proprietorship or partnership firm, a public sector undertaking, a private company, person currently employed in the agriculture sector or dependent industries.
    • In order to qualify for an old car loan, and if the applicant is a salaried individual, the net annual income of the said applicant and/or co-applicant together should not be lesser than Rs.3,00,000*.
    • If the applicant is a self-employed individual, proprietorship or partnership firm, then the net profit or total taxable income of said applicant and/or co-applicant together should not be lesser than Rs.4,00,000* per annum.
    • If the applicant is an agriculturist, the net annual income of the said applicant and/or co-applicant together should not be lesser than Rs.4,00,000* per annum.

    (* Numbers may vary for different banks)

    Applicable Interest Rates for Used Car Finance

    The situation with used car loan interest rates, as perceived by the loaning banks, can be summed up as ‘great risks, greater rewards’. The banks are funding an old car, thus the funds offered are lesser as compared to a new car loan. Also, most second hand car loans offer the option of pre-payment with a very nominal penalty- a situation that is a likely scenario in cases wherein the old car may suffer a functional meltdown through the tenure period, and the car owner might decide to repay the loan at one go. Thus, understandably, the interest rates on used car loans is greater when compared to new car loans. In terms of the popular reducing balance model, the interest rates offered by some popular Indian banksare as follows.

    Banks

    Interest Rates

    HDFC Bank
    • 15.25% to 17.75% (60 months)
    • 15.25% to 17.75% (48 months)
    • 15.25% to 17.75% (36 months)
    • 15.75% to 18.25% (24 months
    • 15.75% to 18.25% (Upto 12 months)
    • Corporate Rates 13.50% to 14.25%.
    State Bank of India (SBI)
    • 17.25% (Upto 36 Months)
    • 17.50% (Above 36 months).
    ICICI Bank 13.75% to 17%
    Bank of India (BOI) 11.45% (Upto 3yrs)
    Federal Bank 15.45% to 15.95%
    Axis Bank 16.50% to 18%
    Kotak Mahindra Bank 17% to 20%

    Refinance car loans

    Automobile refinancing is done by paying off an existing loan with a new loan. Refinancing a car loan is done for a number of reasons like reducing interest rates, lower the payments that have to be made every month or for other personal reasons. Most of the time people would want to lower the amount that they pay on a monthly basis towards a loan. This is done by either lowering the interest rates, by extending the loan payment period or by doing both.

    Sometimes a car loan borrower will want to add someone or remove their names from the car loan. Refinancing is an easy way to add or remove a cosigner to the loan.

    Top Used Car Loan Providers in India

    HDFC Bank- One of India’s premier banking organizations, the HDFC Bank is also massively preferred when it comes to used car loans. The bank has strategic tie-ups with a number of authorized pre-owned car dealers in India, and highlights its offerings with a commitment towards faster loan approval and convenient doorstep service. Some of the basic features and benefits of HDFC Used Car Loan are listed below-

    • Easy documentation- Loan is based on just an ID and address proof. No income documents needed.
    • Great Value- Assured funding of up to 100%.
    • Customer Centric- Transparent functioning and fixed interest rates. Very nominal down payment. EMI repayment not affected by fluctuation in the financial market.

    SBI Bank- India’s largest public sector bank is also a key player when it comes to used car finance. This loan applies for the purchase of a used vehicle that isn’t older than 5 years and may either be a passenger car, Multi Utility Vehicle (MUV) or Sports Utility Vehicle (SUV). The repayment tenure on offer is the longest in the Indian context, stretching upto 84 months. A listing of the features and benefits of SBI Used Car Loan are as follows-

    • Zero Advance EMI alongside the lowest EMI option in its class.
    • Long repayment tenure of 84 months/ 7 years.
    • Very nominal interest rates and processing fee (0.51% of loan amount).
    • Up to 85% funding depending on the on-road price of the car.
    • Pay EMI anytime through the applicable month.
    • Just 2% pre-payment penalty if you decide to finish the loan before the end of tenure.
    • Interest is calculated on the daily reducing balance model.
    • Provision for optional SBI Life Cover.

    ICICI Bank- One of India’s premier private sector bank, ICICI, is also a leading lender of used car loans. The loans on offer are highly customer centric and loaded with an attractive array of features and benefits that will appeal to the most discerning potential customer. The highlights of an ICICI Bank second hand car loan are as follows-

    • Loan up to 80% of the overall ex-showroom price.
    • Enjoy loan tenure of up to 5 years.
    • Very attractive rate of interest.
    • Easy documentation and hassle free loan approval process.
    • Availability of insurance cover for loan liability, repayable alongside the EMI.

    IndusInd Bank- An active player in the sphere of used car finance, IndusInd Bank offers comprehensive loan options when it comes to the purchase of a used car for personal or commercial use. The loan is offered for all makes and types of cars available in India. The salient features of this loan are as follows-

    • Attractive loan terms and efficient turn-around time.
    • Hassle free documentation and easy, fast track loan processing.
    • Transparent process with zero hidden costs.
    • Repayment tenure extends up to 60 months to suit the customer’s requirements.

    Capital First Used Car Loan - Capital First is a Non-Banking Financial Corporation that offers a wide variety of financial services to customers from different income groups with varying financial needs. One of its most popular products is the used car loan scheme called Used Car Elite Program, which offers finance for purchase of used cars at a low rate of interest. Customers can avail an LTV of 100% under this scheme. Some of the main features and benefits of Capital First Used Car Loan are as follows:

    • Quick and easy documentation - With minimal documentation and verification procedures, the loan will be processed by the company.
    • Low interest rate - Capital First offers an attractively lower rate of interest on their used car loan scheme, compared to other lenders.
    • Repayment - There is flexibility in the repayment options provided by the company and the borrower can choose an option that is best suited to his financial profile.

    TVS Credit Services Limited- The loans on offer here are very affordable, with the availability of a wide range of flexible pre-owned car loan schemes. The company also boasts of a quick turnaround time, robust customer service and adherence to a transparent and customer friendly loan approval and disbursement process. The salient features of TVS Credit Used Car Loans are as follows-

    • Funding to purchase any pre-owned car, manufactured in India and not older than a specified limit.
    • Hassle free, customer centric documentation and loan approval procedures.
    • Loan repayment tenures of upto 48 months.
    • Basic loan eligibility amounts to 15 times of the customer’s monthly income.
    • Open to salaried individuals, self-employed people, proprietorship or partnership firms, private and public limited companies.

    Used Car Loan - FAQ

    • How to procure a used car loan?

      The ideal choice is to compare the various pre-owned car loan options available online and apply instantly through the same medium. The contacted bank will reach out to you at a later date to finalize and confirm upon the associated documentation and other details.

    • When applying for used car loans, do I need a guarantor?

      No, most banks do not require a guarantor but may ask you to involve your parent/spouse/ offspring as a co-applicant if your income doesn’t meet the set eligibility criteria.

    • What car models can I purchase with my allotted used car finance?

      Any automobile available in the market. Some banks may finance vehicles that are only manufactured by an Indian company, but usually there are no restrictions in terms of the type and brand of vehicle available on the menu.

    • How much old car loan will likely be granted to me?

      Usually, the loans on offer fund anywhere from 80%-100% of the used car’s on-road price.

    • Can I borrow an additional loan over my allotted second-hand car loan?

      This activity is known as ‘refinancing’ and it is a possibility with many banks. The value of the car can be encashed to meet your immediate monetary requirements, even while you actively continue to use the car. Ideally, you can avail upto 80%- 85% of the car’s valuation amount.

    Read Used Car Loan news or Enjoy it on the go Google Play

    • Tesla Model 3 to include special parts from Infineon

      It has been decided that German chipmaker, Infineon, will be offering supply parts to the Model 3 electric car which is soon going to be manufactured and released by Tesla. Infineon provides chips to some of the top electric vehicle companies in the world. These chips are utilised for monitoring motors as well as batteries of vehicles.

      The products of Infineon are already used in the sports car of Tesla known as Model S. This is one of the best-selling cars in the globe.

      Last week, Tesla delivered the first 30 vehicles of Model 3s to its employees who were interested in the model. This is only a small portion of the half million bookings that have been made in advance.

      2nd August 2017

    • Used Car Market Gets New Addition

      India’s car market has witnessed a huge boom over the last decade, with the number of vehicle sales increasing every year. Apart from the new car segment, used cars have found considerable favour among the population, with trusted brands establishing pre-owned car dealerships to cash in on this demand. After Maruti Suzuki, Hyundai and Mahindra, Renault India has jumped onto the bandwagon, establishing “Renault Selection”, a flagship facility dealing in pre-owned cars.

      The first showroom of Renault Selection was recently launched in Whitefield, Bangalore, with the French carmaker hoping to start similar showrooms in Nagpur, Chandigarh and Jaipur. These showrooms will help prospective car buyers find a car which suits their needs, with the company offering a 1 year/20,000 km warranty on cars, ensuring buyers do not face any issues later. Apart from the warranty, Renault will provide additional services like roadside assistance, insurance and finance. The current facility has been established as a partnership with Trident Auto and can house over 100 cars, each of which going through an exhaustive 199 point check-up to ensure there are no hidden niggles.

      The Indian used car market is currently one of the biggest in the world, 3 times larger than western nations. Renault’s entry into this segment is bound to heat competition, heralding good news for car enthusiasts.

      13th June 2016

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