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Low Nano volumes drives prices of used cars
Low volumes of the 'common man's car', expected to encourage people to buy a brand new car instead of an used one, has, however, put prices in the used car market back on track. In March this year, the anticipation of Nano launch coupled with a sluggish demand had made a sharp dent in used car prices by 25-30 per cent. Dealers had feared a further dip in prices by around 10 per cent. "People
Low volumes of the 'common man's car', expected to encourage people to buy a brand new car instead of an used one, has, however, put prices in the used car market back on track. In March this year, the anticipation of Nano launch coupled with a sluggish demand had made a sharp dent in used car prices by 25-30 per cent. Dealers had feared a further dip in prices by around 10 per cent. "People
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