Tag Archives: Used

Major Tips on How to Inspect a Used Car Prior to Purchasing

Major Tips on How to Inspect a Used Car Prior to Purchasing The used cars are in great demand in the pre-owned market. People buy them 3.5 times more often than new ones. There are several reasons for this. For those who do not have enough money, this is the only opportunity to drive. For others, this is a conscious ... Read More »

9 Things To Keep In Mind When Buying A Used Car Online

It’s a highly digitised world where what can be done online is being done online. The added convenience of online shopping extends to buying cars as well, especially used cars. Sure you can configure and pre-order a new car from a manufacturer’s website but when you’re looking to buy a used car, it’s a bit more complicated. While there are ... Read More »

Things to be noted before you buy used car online

Scams can come in any number of forms and disguises and you have to ensure that you do not become a victim. (Representational Image) Purchasing an automobile is a major investment for anyone, especially today when the world has gone digital. With shopping increasingly going online, the wise customer is one who is vigilant and takes steps to protect himself ... Read More »

Buying A Used Car – Should Mileage Be The Only Factor?

The foremost factor that comes to mind when considering a used car is how many kilometres it has been driven. For instance, if you were choosing between two similarly priced cars of the same make and year, and one had 40,000km on it while the other’s odometer read 55,000km, you’re more likely to be inclined towards the first one as ... Read More »

Why online brands are going offline to tap fast-growing used car market

In India for every new car sold, there are 1.3 to 1.5 used cars sold. The ratio in US is around 2.5. Armed with $110 million funding received in January, Girnar Software-owned CarDekho is building a network of 200 used car dealerships across the country. It has already set up 31 stores altogether in Delhi-NCR, Bengaluru and Jaipur. Four new ... Read More »

This 2019 Study Reveals the Best Used Car Values for Under $20,000

New car sales are slowing down and due to the rising average cost of a brand new model, more buyers are pivoting to the preowned market. It’s no secret that letting someone else take the depreciation can result in a better value for your dollar, but a new study from iSeeCars examines which models can get you the most for your money. Even though ... Read More »

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 »

Used Car Marketplace Spinny Raises $13.2 Mn In Series A Round

Gurugram-based used car marketplace Spinny has raised $13.2 Mn in Series A funding round led by Accel and SAIF Partners. Existing investors such as Blume Ventures and Simile Ventures had also participated in the round. Raghunandan G (cofounder and former CEO Taxi For Sure) and Haresh Chawla (partner at True North PE firm) also joined the round in their personal ... Read More »

Accel, SAIF, Alteria invest in used car retailer Spinny

New Delhi: Used car online retailing platform Spinny has raised $13.2 million led by marquee early stage investors Accel Partners and SAIF Partners in a Series A round, the company said on late Tuesday evening in a statement. Its existing investors- Blume Ventures and Similie Ventures also participated. Further, it has also raised ₹20 crore in venture debt from Alteria Capital, which provides loans ... Read More »