Tag Archives: is

Value picks: Used car financing is now outselling new car loans

With many more consumers opting to buy second-hand cars, given how prices of new cars have shot up, banks are now focusing more on used car financing. Indeed, at a time when the demand for new car loans has flagged, credit for used cars is growing at perky 15-18%, according to bankers. CarDekho.com puts the pace of growth at an ... Read More »

This Chinese Used Car Marketplace is Making all the Right Noises

One may have a second thought before purchasing a used car, but millennials in China are slowly changing this attitude towards owning one. A research firm recently published a report stating that the supply of used cars in China will increase as the market matures and the cost benefits will start to stand out more. And reaping full benefit is ... Read More »

Why the second-hand car market is seeing a boom

Even as new car sales have slowed down in the recent past, the pre-owned car market has continued to grow over the past year and is larger than the new car market now. Consider this: In 2018-19, while new car sales were recorded at 3.6 million units, 4 million second-hand cars were bought and sold, according to a recent report ... Read More »

View: Future of democracy is literally in India’s hands

. “On or about December 1910, human character changed,” the English novelist Virginia Woolf once wrote. It’s no exaggeration to say that human character in India changed equally dramatically between 2014 and 2019 as the number of active smartphones in the country quadrupled from 100 million to 400 million. Woolf, like many of her contemporaries in the early 20th century, was interested ... Read More »

Bugatti La Voiture Noire is the most expensive new car of all time at Rs 131.33 crore

The French luxury brand Bugatti is known for making super expensive cars. With every new introduction, the company sets the bar higher. Now its one-off hyper sports car La Voiture Noire has sold for 16.7 million euros or Rs 131.33 crore (the amount includes the price of the car along with the taxes), making it the most expensive new car ... Read More »

2019 Geneva: Bugatti La Voiture Noire Is The Most Expensive New Car Sold

The Bugatti La Voiture Noire is a one-off and will be delivered to its owner after 2.5 years The La Voiture Noire has been commissioned to commemorate the brand’s 110th anniversary The Bugatti La Voiture Noire has been commissioned to commemorate the brand’s 110th anniversary and made its debut at the ongoing 2019 Geneva Motor Show. Only one example of ... Read More »

Your New Car Is A Hacker Magnet — Automotive Industry Disconnect To Blame

The car that you drive today is a far cry from those of just a decade ago and in many ways is now an internet-connected computer on wheels. This push towards connectivity and smart-motoring has seen the automotive manufacturing industry shift towards becoming as much about software as they are transportation. And that means it faces much the same security ... Read More »

Car Review: Mazda6 Signature is the anti-boring sedan, with more luxury, turbo power

WASHINGTON — While cars become less popular with buyers, some manufacturers don’t bother building them anymore. Mazda isn’t one of them. While their crossovers prove more popular, they still show love for fun-to-drive sedans. Now the Mazda6 adds a new Signature trim level. Is it worth the extra cost? I’ve been a fan of the Mazda6 for a few years ... Read More »

How CARS24 is shaking up the used car industry in India through technology innovation

The used car market in India is growing at a phenomenal pace and due to shorter car ownership periods, price value quotient, penetration in smaller towns, demand for used luxury cars, and reduced customer anxiety towards pre-owned car segment, it is turning out to be bigger than the new car market As per the data by SIAM released in 2018, ... Read More »

Paris Motor Show 2018: Audi R8 LMS is the new Le Mans racer from Ingolstadt

–    The R8 LMS GT3 is an evolution of 2016 Audi R8 LMS race car for customer racing.  –    Comes with evolution upgrade kit for existing race cars as well. –    Audi Sport will deliver the first customer race cars in November for a price of 398,000 Euros (Rs 3.36 crores) Audi had performance in mind when arriving at the 2018 Paris Motor ... Read More »