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Indians investing more on pre-owned cars, aftermarket players becoming catalyst

Thursday, June 20, 2019

Posted on June 13, 2019 by ETAuto.com

New Delhi: Indians used to shy away from buying pre-owned cars. But, gone are those days, as Indians are now investing more and more on used cars. As a result, this has become one of the most profitable business.

With the pre-owned car business growing at a high pace, several startups are focusing on providing the used car buyers options to completely transform the vehicles. In the last couple of years, sale of pre-owned cars has increased to manifolds directly contributing to the rise of the Auto Accessories aftermarket.

Indians Investing More On Pre-Owned Cars, Aftermarket Players Becoming Catalyst

Those who can’t afford to buy luxury cars are now investing in used cars and transforming them into a brand new looking condition with the help of auto accessories aftermarket. Here, auto accessories play a vital role as a large number of pre-owned cars require a good amount of work before taking them to the roads. Thus, it comes as a boon for auto accessories retailers to sell their accessories and earn profits.

One such company is AutoFurnish working on Automobile Accessories Manufacturing, Trading and Exporting. Puneet Arora, CEO, AutoFunrish focuses on how customers prefer to install accessories from the aftermarket to transform their old cars into a brand new one, how the aftermarket solution for premium segment cars are safer and affordable.

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