Luxury car market in India has witnessed a drastic fall in sales in the first two months of this fiscal year. On the other hand the sales of pre-owned car market in luxury and a super luxury car in India has gone up. However, these gorgeous cars are on sale at some very low prices. Car owners are putting them up for sale sooner than ever before and at much lower prices which would surprise new car buyers.
These exotic cars would not have travelled more than 15,000 kms, before they are put up for re-sale. Particularly, as the car owners would never dare take them out on congested Indian roads, where all things movable jostle for space. Many of these cars have exotic lineages traced back to big names from Britian, Germany, Italy, America and Japan. The used car market dealing in luxury cars is seeing an increased number of Rolls Royce, Bentleys, Ferraris, Porsche and BMW on the block available at some mind blowing low prices. At some of Indian biggest metros like Delhi and Mumbai it is not difficult to find almost new luxury cars at half the price at which they were bought.
The business on these high end cars usually depends on contacts. Car owners seek out trusted brokers to help find contacts who can buy their products. These brokers charge commissions ranging from 0.5 percent to 2 percent on every deal. Commission is scaled down depending in the relationship of the buyer with their clients. It has been noted that on an average at least 10 exotic pre-owned cars are sold in Delhi every month. Car owners sell them to upgrade to new cars.
Mercedes-Benz cars are high on the list of pre-owned car buyers. Many of those sold in an around Delhi would have been in possession of these cars for less than two years, say brokers. Cars that are available at Rs 30 lakh and more would be available at a much lower price a year later. Car buyers lookout for good discounts on their buys.
Apart from Mercedes-Benz, Porsche, and BMW are also available at throwaway prices. Pre-owned car dealers even offer the financing options on these vehicles.
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Article Source: ArticlesBase.com - Luxury Cars Sold at Attractively Low Prices
