Gilbert Santiago, a US Navy veteran, encountered a financial and safety setback after purchasing a pre-owned 2022 Volvo S60 from HGreg, a well-known used car dealership in Brandon, Florida, near Tampa. Santiago’s ordeal, unfortunately, highlights potential pitfalls in buying used vehicles, as he soon found himself burdened with nearly $7,500 in repair costs due to … Read more
India’s pre-owned cars sales market is expected to reach 1.09 crore units with value more than doubling to USD 73 billion by FY28, according to the latest Indian Blue Book (IBB) report. In FY23, the pre-owned cars sales in India stood at about 51 lakh units. The domestic used car industry was valued at USD … Read more
Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. India’s passenger vehicle sales surged past 4 million units for the first-time ever in calendar year 2023. As per industry estimates, about 4.1 million passenger vehicles were sold in the last calendar year, an … Read more
