Wednesday, February 24, 2021
Indian Drives
No Result
View All Result
No Result
View All Result
Indian Drives
No Result
View All Result
Home Latest News

Used diesel cars in hot demand

by indiandrives
in Latest News
0 0
0
0
SHARES
20
VIEWS
Share on FacebookShare on Twitter

Diesel car owners never had a good time than they are having now. Operating costs of diesel cars are drastically down now when compared to petrol cars because of 50% difference in price in diesel and petrol fuels. The good news that’s surfaced is excellent resale value for diesel cars.

CEO, S. Saha, Mahindra First Choice Wheels Limited elaborated that the earlier car market now looks like the current car market. Since a few months, the demand for diesel cars is on the high. There is a 15% to 20% rise in customers preferring diesel cars over petrol cars. Dealers say that strong demand meant diesel car prices have risen to 15% to 20% over the last 6 months.

The demand has been so much that dealers are finding it pretty difficult to acquire diesel cars because of limited supply.

An unnamed car dealer that deals in second-hand cars from Mumbai says that owners of diesel cars are not thinking of selling their cars and that new cars are costing more hence supply of cars is really down.

Saha told it is really difficult to acquire high-quality personally driven diesel cars, and cars that are generally good have high prices.

Deepak Pasricha, AP Motors, New Delhi told there has been a 50% increase in diesel cars demand in four to five months and around 20% to 25% for CNG automobiles.

Therefore, it is not a surprise that diesel versions of Tata Motors Indica, Maruti Swift Dzire and Indigo are top-selling cars at the moment. There is also a demand for older cars of Hyundai Accent, Hyundai Verna, Ford Ikon and Indigo Marina.

With 15 years of experience in the business, Harish Khatri, Chennai Motors, elaborated that customers were ready to pay between 10% to 15% premium for diesel cars, and they were aware of diesel technology benefits. He also said that customer preferences are shifting to diesel due to hike in petrol prices. He further told he was selling 20% more of diesel cars when compared to the last 6 months.

Ayaz Fazulbhoy, Fazulbhoys Motors, Mumbai, feels there would be a continued demand for diesel cars as long as there was a significant difference in diesel and petrol fuels.

Petrol prices have trended up to 34% from June of last year. The difference between petrol and diesel prices currently is between Rs. 22 to Rs. 26.

Dealers said the petrol cars scene was a different one in that customers who run their cars minimally for occasional needs would prefer to go for a petrol car.

Tags: Indian car marketUsed diesel cars
Previous Post

Not many Americans keen on buying cars from China and India

Next Post

Maruti Suzuki would be launching 20 models in the coming five years

Next Post

Maruti Suzuki would be launching 20 models in the coming five years

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Archives

Recent Posts

  • New Mahindra Scorpio S3+ Variant Launched In India: Prices Start At Rs 11.99 Lakh
  • All New Tata Safari SUV Launched In India: Prices Start At Rs 14.69 Lakh
  • Latest News From Indian Automobile Industry – Yamaha FZ, Renault Kiger, MG Hector, Datsun, Jawa 42
  • 2021 Jawa 42 Motorcycle Launched In India: Prices Start At Rs 1.84 Lakh
  • Datsun Car Discounts For February 2021: RediGO, GO & GO+ Models Receive Benefits Of Up To Rs 40,000

Categories

Indiandrives.com

© 2020 Indian Drives

Navigate Site

  • Auto Expo 2020
  • Aston Martin
  • Audi
  • Bentley
  • BMW
  • Buyers Guide
  • Car Comparison
  • Chevrolet
  • Driving Tips
  • Events
  • Featured
  • Ferrari
  • Fiat
  • Force
  • Ford
  • Great Wall Motors
  • Harley Davidson
  • Honda
  • Hyundai
  • Isuzu
  • Jaguar
  • Kia
  • Koenigsegg
  • KTM
  • Lamborghini
  • Latest Cars
  • Latest News
  • Lexus
  • Mahindra
  • Maruti Suzuki
  • Maserati
  • Mercedes Benz
  • MG Motor
  • Mitsubishi
  • New Car Reviews
  • Nissan
  • Peugeot
  • Porsche
  • Range Rover
  • Renault
  • Rolls Royce
  • Skoda
  • Tata
  • Test Drive
  • Auto Expo 2020
  • Toyota
  • Kia
  • Upcoming Cars
  • MG Motor
  • Used Car Reviews
  • KTM
  • Volkswagen
  • Isuzu
  • Volvo
  • Harley Davidson
  • MG
  • Great Wall Motors

Follow Us

No Result
View All Result

© 2020 Indian Drives

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In