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Some cars have a rugged history, but they are refurbished and made to look as good as brand new. They also come with a quality certification and a warranty ranging from six months to one year.Of late, Hyderabad's used car market has seen major players setting up shops and refurbishing units. City-based Mahavir Auto and Pune-based Automart India — promoted by the Mahindra group — have set up certified used car showrooms, displaying lots of vehicles of various brands at their outlets.These are in addition to Maruti's pre-owned car outlets and other similar counters run by unorganised players.Moreover, the dealers are also providing financial assistance for purchasing the used cars. The Rs 36-crore market of used cars in the city records an annual sale of at least 1,0000 cars, an industry expert said.The dealers are aware of the customers' apprehension in buying used cars. "The lineage of the car will be thoroughly checked and customers are informed about it. We will not take cars with any structural damage," said V Sharath Kumar, the business head of Automarket India. Industry is now more online than at usual gagrages, leading online used cars sales in hyderabad
"The price of the car strictly depends on the model, the kilometres travelled and the refurbishment cost at the dealer's end," he added. To ensure more transparency in deals as well as to avoid the 12 per cent inter-state sales tax, the organised players in the usedcar market only sell cars purchased within the state.Financial companies which seize cars from automobile loan defaulters and workshops having access to customers willing to replace old cars for a new one help the dealers in acquiring used cars. Pre-owned car dealers also help the customers in getting the re-registration done. "Since the authorities are aware of the way in which we check and refurbish cars before selling them again, documentation and re-registration is not a problem," Yashwant Jhabak of Mahavir Auto said.With car companies unveiling new models at regular intervals and customers willing to spend that extra rupee for owning a brand new model, the replacement market is turning vibrant.And there are customers who do not mind owning a relatively old model car and seek value for money. They get a right deal at our outlets, he said