On an average, how many used car transactions take place in the city every month?
Around 1,800 to 2,000 cars a month.
What is the profile of the used car buyer in Chennai?
First-time buyers could be people who want to graduate from two-wheelers to cars. Usually, the middle management level. People with a salary of Rs 20,000 to 25,000 per month, small businessmen, traders etc. Usually people buy used cars to save money or because they want a certain model of car that they would not be able to afford brand new. It could be a second car in the family, car for the working wife and Commercial applications such as transportation (door delivery) or ambulance services.
How does the used car market in Chennai compare with that in other major cities?
The used car market in Chennai is much more organised than in other cities.
What are the used car finance options available to the buyer?
Usually the installment can range from Rs. 2,000 to Rs. 10,000 per month. The maximum tenure is 3 years. Financial Institutions and Banks form the major financiers. Institutions like ICICI, Kotak Mahindra, Sundaram Finance and banks like Citibank and Standard Chartered Grindlays bank etc. But banks and financial institutes do not lend for cars that are more than four years old. These cars usually go to the unorganised sector (private financiers) who go by the buyer and not the car.
What has been the response to Car Melas that have offered Trade-ins and Car finance?
things have slowed down a bit now With so many new cars entering the market, has it changed the used car market in any way?
Yes it has. The used car supply has increased because of so many new cars in the market. People want to go in for the latest models.
How has the Euro II emission norms affected the sale of used cars in Chennai?
Euro II has not affected us much, as the norms are not applicable to used cars, as of now.
What is the general perception among buyers about LPG Gas conversion?
People are willing to take the risk, as it is very economical. It saves about 60 to 65% in cost.How important is the Registration Number when it comes to buyer's choice?
It was important some time back, but not any more. Only the people from moffusils are still particular that all the numbers do not add upto 8. They are superstitious about the number '8'.
Wednesday, December 19, 2007
Cars in Chennai
The 2008 Chevrolet HHR is packed with splendid features, combining retro styling with everyday practicality all at an amazingly affordable price. It also offers one of the best luggage capacities in its class due to its tall passenger compartment and usable room.
The '08 Chevy HHR comes in a regular four-door wagon or a two-seat panel with solid, handle-less rear doors. The regular wagon has two trim levels namely LS and LT. The former includes 16-inch steel wheels, air-conditioning with cabin filtration, cruise control, keyless entry, a fold-flat front passenger seat, a 60/40- split-folding rear seat, full power accessories and a six-speaker CD stereo with auxiliary jack. On the other hand, LT models come in standard 1LT and the upgraded 2LT. The 1LT incorporates 16-inch wheels, an eight-way power driver seat and an MP3-compatibl stereo. Meanwhile, the 2LT adds a sport-tunes suspension, 17-inch alloy wheels, foglamps, exterior chrome accents, color-keyed running boards, a leather-wrapped steering wheel with audio controls and a premium audio speaker system with subwoofer.
With regard to interior design, the 2008 HHR regular wagon models have bright-ringed gauges, functional audio systems and very reliable outward visibility. Standard cloth or leather seats are available too. Its maximum cargo capacity is at 63 cubic feet, providing enough front and rear legroom.
OnStar emergency communications system which automatically informs OnStar advisors in case of crash highlights the safety features of the HHR. It also has basic front disc/rear drum brake setup, side curtain airbags, traction and stability controls. A five-star rating for occupant protection in both front and side-impact crash tests conducted by the National Highway Transportation Safety Administration guarantees a safe and secured ride for the whole family.
The 2008 Chevy HHR delivers comfortable and practical transportation with distinctive classis styling, huge space, and an affordable price, making it an ideal family vehicle
The '08 Chevy HHR comes in a regular four-door wagon or a two-seat panel with solid, handle-less rear doors. The regular wagon has two trim levels namely LS and LT. The former includes 16-inch steel wheels, air-conditioning with cabin filtration, cruise control, keyless entry, a fold-flat front passenger seat, a 60/40- split-folding rear seat, full power accessories and a six-speaker CD stereo with auxiliary jack. On the other hand, LT models come in standard 1LT and the upgraded 2LT. The 1LT incorporates 16-inch wheels, an eight-way power driver seat and an MP3-compatibl stereo. Meanwhile, the 2LT adds a sport-tunes suspension, 17-inch alloy wheels, foglamps, exterior chrome accents, color-keyed running boards, a leather-wrapped steering wheel with audio controls and a premium audio speaker system with subwoofer.
With regard to interior design, the 2008 HHR regular wagon models have bright-ringed gauges, functional audio systems and very reliable outward visibility. Standard cloth or leather seats are available too. Its maximum cargo capacity is at 63 cubic feet, providing enough front and rear legroom.
OnStar emergency communications system which automatically informs OnStar advisors in case of crash highlights the safety features of the HHR. It also has basic front disc/rear drum brake setup, side curtain airbags, traction and stability controls. A five-star rating for occupant protection in both front and side-impact crash tests conducted by the National Highway Transportation Safety Administration guarantees a safe and secured ride for the whole family.
The 2008 Chevy HHR delivers comfortable and practical transportation with distinctive classis styling, huge space, and an affordable price, making it an ideal family vehicle
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