The Used Car Market in Kerala

The Used Car Market in Kerala

The used car market in Kerala has seen a dramatic growth in the last few years. This is due to the fact that a number of companies have started to manufacture cars in the state. Some of these manufacturers include Honda City, Maruti Alto, Ford Fiesta and Maruti Suzuki True Value.


Maruti Suzuki True Value

True Value is a well-rounded company that provides customers with a comprehensive selection of used cars, including Maruti and Maruthy variants. They also offer a variety of options and services, such as exchange, finance, and insurance.


True Value is a subsidiary of Maruti Suzuki India, which is the largest car maker in the country. The company has a number of dealerships in various cities in India. Buying a new car is an important decision for many, and it is good to know that the company is dedicated to providing a hassle-free car buying experience.


The true value brand is also known for its digitally integrated approach to customer service. For example, customers can browse and test drive vehicles through a smartphone app. In addition, a dedicated relationship officer will help customers select the right car for their needs. It’s an ideal way for buyers to get a feel for the vehicle they’re considering.


Purchasing a used car in Kochi is a fun and stress-free experience thanks to the array of certified pre-owned vehicles available at the renowned True Value showrooms. These outlets also feature a large number of free services and products. This includes a wide variety of accessories, including Maruti Genuine Parts, insurance, and finance.


The company’s sales branch in Mamangalam, Kerala is a great place to start. There are a number of cars for sale, including the latest Celario. Another advantage of buying a pre-owned vehicle from the true value group is that they are less expensive than buying from a local car broker.


The true value brand also has a website where users can access their car listings and book test drives. Besides, the official True Value app is a useful tool for finding your nearest outlet.


Maruti Alto

If you are looking for a reliable, inexpensive and fuss-free car, Maruti Alto is the perfect choice. This small car has become one of the most popular cars in India due to its aggressive pricing and simple mechanicals.


The Alto range has been a popular choice for first time buyers in both metro and rural markets. Its resale value is the highest in its segment and its low maintenance cost makes it an ideal buy.


The Alto’s reliability and affordability helped it become the best-selling car in India. However, it is now facing stiff competition from modern day rivals with feature-rich interiors and better design.


With a wide network of dealerships covering all parts of the country, the Alto remains a popular choice in the Indian market. In fact, it was the first car in India to sell more than 200,000 units in a single financial year.


The Alto has been a favourite in the rural and hilly terrain markets. A CNG variant has also been introduced. These cars are known for their excellent mileage.


The Alto is also available with a variety of safety features. Some of these features include Driver + Co-Driver Seat Belt Reminder, ABS with EBD and Rear Door Child-Lock.


Maruti has also introduced a new range of Alto models with a revamped dashboard, better instrument cluster, sculpted headlamps and updated exterior elements. Even the interiors have been upgraded with refined upholstery.


The Maruti Alto is available in a variety of colour options and variants. For instance, the top-end trim has a durable suspension, light steering, good ergonomics, and SmartPlay dock.


While buying a second hand Maruti Alto, you should ensure that it has a proper service history and is in good condition. Check out for engine knocking. Also, make sure that it hasn’t been used for commercial purposes.


Ford Fiesta

The Ford Fiesta is a popular car among Indian drivers. It offers a comfortable drive with plenty of technology features, a decent safety quotient, and decent mileage. A used car is the perfect way to get your hands on this great car.


There are two main types of models available for the Fiesta. One is the diesel version and the other is the petrol variant. Each has their own advantages. For example, the diesel version offers more frugality and better mileage.


The diesel version is a must have for those who are interested in lowering the cost of fuel while on the road. However, the petrol version is still a good buy. Despite having a slightly smaller engine, it offers great performance and smooth power transfer.


The Ford Fiesta is a solid daily driver that will easily navigate most road conditions. With its sporty wheel forms and ample ground clearance, it will handle speed bumps with ease.


Although it is a decent car, it is not the best in its class. Other vehicles such as the Hyundai Verna, Honda City, and Maruti Suzuki Ciaz offer much better handling and a more comfortable ride.


Ford has a wide variety of variants for its Fiesta. Some of the variants include the Fiesta 1.6 Duratec Titanium, Fiesta S, Fiesta X, Fiesta Zetec, and Fiesta F.


The Ford Fiesta is also available in special edition models. These have extra features such as a front spoiler, alloy wheels, a chrome grille, and more. The Fiesta F has an aggressive design and is one of the first Fiesta models to feature leather upholstery.


Regardless of which type of model you opt for, you will find a lot to like about the Ford Fiesta. Among the most important features of the car is its distinctive design.


Honda City

Used Honda City cars in Kerala are available at affordable prices. The prices of these used cars vary according to the condition of the car. They are available in both petrol and diesel variants.


If you are looking for a reliable, spacious and stylish sedan, then the Honda City is the perfect choice. It offers a number of features, including a multi-functional instrument cluster, ABS with EBD, ISOFIX seats and dual airbags. It also has a custom side skirt and LED taillights with four exhaust tops.


It also has a 510 litre boot space, a central locking system and keyless entry. In addition, its aerodynamic design helps it retain its sleek and stylish look.


Apart from the basic features, the Honda City V has a host of modern amenities such as a touchscreen infotainment screen, automatic climate control and projector headlamps. It also comes with a multi-function steering wheel with all the necessary controls.


There are several used Honda City cars available in Kochi. You can opt for either a manual or an automatic gearbox. This is the reason why it is a popular choice for buyers.


Honda is a reputed car manufacturer, whose products are known for their reliability and superior performance. For this reason, the company has created a cult following among buyers. And in India, Honda is one of the most trusted brands.


When buying a used Honda City in Kochi, you will get a comprehensive warranty. It includes a 167-point certification check and a seven-day money back guarantee. Also, you can get home test drives and attractive used car loan options.


Honda has a cult following in the used car market in Kerala. These cars are available in several cities, including Kochi, Kozhikode, Mavelikara, Thiruvalla, Pathanamthitta, Ernakulam, Idukki and Thiruvananthapuram.


Semi-organized sector

The used car market in India is fragmented into different segments based on various parameters. Some of them include the fuel type, vendor, and size. A recent study has shown that the unorganized sector of the industry has a larger share than the organized segment.


In fact, the organized segment has an estimated market share of 12 per cent compared to the unorganized one of 60 per cent. In addition, the industry is highly supply constrained and the average inventory turns at a dealership is under 30 days. Hence, the organized segment will see faster growth in the near future.


On the other hand, the unorganized sector is still the dominant player. This sector has a total of 30,000 dealers. Many of these dealers sell cars without any kind of warranty. They typically have a small inventory and their sales are aided by commissions. As a result, the reliability of the unorganized channel is a concern.


However, the most important driver of the used car industry is the proliferation of established players. Amongst these players, the CARS24 is a prime example. It has a unique C2B business model. By doing all the leg work, it helps used car sellers tap a broader customer base.


For instance, it partnered with CamCom to provide an AI inspection for its customers. Moreover, it also introduced the cheapest new car in its fleet. Another factor boosting the growth of the used car industry is the rise in disposable income of middle class Indians. Thus, they can afford to spend more on second-hand SUVs.


Overall, the used car industry in India is a promising one. According to a recent report, the total value of the industry is expected to increase by more than 20 per cent by 2020.


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