GM motors going to expand their Used car business

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Its been a great news for those who want to sell their used car and dont find any buyer for their car. Its a great initiative from GM India as they are planning to expand their used car business. Read the news here "GM is banking on the growing used car market in the country to

bring incremental revenues amidst sagging sales of passenger cars in

the aftermath of economic recession. General Motors clocked a sales volume of 65,702 units in the India

market in 2008 as against its targeted sales of 85,000-90,000 units.

The auto major had not set any sales target for 2009-10 but expected

sales to be flat." For detail article visit  

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These company operated used market always value the car less than the market value' date=' and sell those at a premium price. Only when there is no way(i'm not finding buyers outside), i'll go for them.[/quote']

Ya its true, but the safest way to buy a car is from the dealer himself because the possibility of being cheated is very remote.Even though you pay a premium you are safe.

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