The days where a handful of car manufactures used to produce a handful of cars are long behind us; today there are an entire lot of car manufacturers making cars all year round like mushrooms. With the abundance of production, people today also like to change their car frequently, but doing so can be costly which is why the second hand or refurbished car market is also one of the biggest markets for car buyers. Here we talk to the most renowned refurbished car establishments to get an insight on the second hand market.
Among all the car brands, which is the brand that sells the most in the second hand market?
Hyundai and Suzuki are the two brands that sell the most in the second hand market.
What are the top 3 brands with the best resale value?
Toyota, Hyundai and Suzuki followed by Daihatsu are the brands that have the highest resale value. Customers have an image of durability and reliability when coming across a Toyota; this image is also associated with Hyundai. While Suzuki is associated with good looks and low maintenance among potential buyers, Daihatsu returns a good aftermarket value.
What are the important things that a buyer must keep in mind while buying a second hand vehicle?
Before making a second hand purchase, a customer has to check the overall condition of the vehicle which includes condition of the engine and the gearbox, the kilometres run and the damages to the vehicle.
- Shailendra Shrestha
Kathmandu Automobiles
Hyundai :Best resale value
Among all the car brands, which is the brand that sells the most in the second hand market?
Hyundai’s 1st and 2nd Generation i10s sell as quickly as within a couple weeks, because of their reliability and the availability of spare parts and easy maintenance.
What are the top 3 brands having the best resale value?
Hyundai, Suzuki and Daihatsu have the best resale value. In fact, the Terios still has an excellent resale value today because there aren’t small SUVs with 4x4 features.
What are the important things that a buyer must keep in mind while buying a second hand vehicle?
A customer who is looking to purchase a second hand vehicle should check for possible leaks, structural damages, chassis and framing, kilometers run, wheel alignment. Similarly, we also recommend them to always buy from a reliable source.
- Rakesh Khadgi, Baba Basera Auto
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