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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

lakh, said Vinay Sanghi When Dilip Singh was looking to sell his seven-year-old SUV whose odometer had clocked nearly 1 lakh km, he was surprised to find that he managed nearly 70% of the cost of the vehicle. Used car marketers say the demand pull means a slightly older SUV is available for the price of a hatch. lakh from INR 3-3.5

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CARS24 introduces SUV exclusive hubs in Bengaluru and Gurugram | Autocar Professional

Baua Electric

CARS24, has announced the inauguration of exclusive hubs for pre-owned SUVs. Strategically located in Bengaluru and Gurugram, these facilities are tailored to meet the distinct needs and preferences of SUV enthusiasts. Customers can benefit from instant loan approvals, ensuring a swift and hassle-free purchasing process.

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Xiaomi to follow up Tesla Model 3 competitor with SUV by year end: report

Teslarati

Industry watchers in China have noted that smartphone giant Xiaomi may strike the iron while it’s hot this year, with the Chinese tech company potentially releasing an all-electric SUV following the launch of the SU7 sedan this week. Nio, one of China’s premium homegrown EV makers, started with SUVs.

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Electric Vehicle Spotlight: Financing a Volkswagen ID.4

EV Life

One of the most significant updates to the popular SUV crossover is where it is made. 4 to its plant in Chattanooga, Tennessee, which allowed the popular SUV to join the ranks of EVs that qualify for the $7,500 federal tax credit. But there’s a better way to finance your Volkswagen ID.4. Volkswagen ID.4 Safety Features All ID.4

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Tesla launches limited-time 0.99% APR loan rate on U.S. Model Y orders

Teslarati

Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. On Friday night, Tesla launched the promotional financing on its website for the Model Y, offering a 0.99

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Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto

Baua Electric

The preference for SUVs is growing. Gupta recalled that in 2016-17, the penetration of finance was hardly 7%. Mahindra FirstChoice enables used car sales through inspections before it goes for financing. While the purchasing power may be different, customer aspirations are the same. Third, the yard business for parking the cars.

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Volkswagen to rebrand used car biz, plans future investments – ET Auto

Baua Electric

While it is satisfied with a presence in the fast growing SUV segment, it believes that Tiguan has done well, but it can definitely do better. Some work needs to be done on the SUV segment. On Thursday, the Volkswagen Group’s finance chief said it is in concrete talks about partnering up on passenger car production in India.

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