Initially being a strong one, the auto market in Lucknow has even recently witnessed significant development. Cars in all segments in the city have witnessed tremendous growth, which has given the auto market in U.P in particular and in the country in general a major boost. The rapid growth of the Lucknow auto market can be explained by the following reasons:
Higher living standards: Lucknow residents’ living standards are rising with higher disposable incomes. This has made buying a car, which is considered to be a luxury thing in the past, become a common practice nowadays in the city.
Availability of auto service centres and spare parts stores: This has helped the car owners more regularly have their cars repaired.
More loan schemes: Numerous loan schemes have been conducted by automakers and financial institutions, which makes it easier for people in Lucknow to purchase a car.
Decreased import tariffs and easier regulations: The government has decreased the import tariffs and relaxed the rules in equities in the auto industry, which has resulted in a reduction in auto prices.
All of these have contributed to the rapid growth of the Indian auto market in Lucknow. It is also worth noting that apart from the new car market, the used one is also experiencing a tremendous growth, even at a much faster space than the new one.
A used car dealership in Lucknow
2. How to purchase pre-owned cars in Lucknow?
Nowadays, there is a wide range of pre-owned used car options in Lucknow, which makes the purchase process much easier than before. Nevertheless, buying a second-hand car is much more challenging than a new car. Therefore, you should keep in mind the following tips so that you can purchase the best pre-owned cars with the best price.
Budgeting: The first thing that people who have made a decision to buy a used car instead of a new car keep in mind is their budget. Therefore, the first thing to consider is which models and variants most suit your budget.
Considering the options: Once you have shortlisted the options which suit your budget, it is time to consider again which options in this list suit your demand, your interests, etc.
Checking the car history: You should check all the options’ service history to have a better understanding of whether the car has experienced any accidents or overhauls.
Carefully checking the car: After that, it is necessary that you check all the car parts, the car body, the engine, the interior, etc. You can also bring a professional mechanic with you to help you inspect the car.
Test driving the car: You should also test drive the car to see if there is any problem with the engines, braking system, etc.
Price negotiating: Do not forget to negotiate the price with the sellers, especially a private one so that you can get the best price.
II. Which are the most affordable used cars in Lucknow?
The cheapest pre-owned cars in Lucknow include the Maruti Alto, the Maruti Wagon R, the Hyundai Santro Xing and the Hyundai i10. In such a price-conscious market like India, these cars are given a clear advantage over more expensive ones.
*Note: These above prices are for reference only.
III. Which are the top SUVs in Lucknow?
SUVs are a highly popular car type with the Indian auto users, thanks to their high ground clearance and rugged appearance, which seem to be suitable for most terrains in India. As a result, the SUV segment has been experiencing rapid development and many Indian people have a great passion for SUVs or any types of cars that look like SUVs. This type of car is also very popular with people in Lucknow. Some of the most popular SUVs in Lucknow include the Mahindra Scorpio, Ford EcoSport, Toyota Fortuner and Mahindra Thar.
*Note: These above prices are for reference only
IV. How pre-owned cars can be utilized in Lucknow?
The transfer of used cars’ ownership must follow slightly different procedures in each city. However, the general RTO regulations in all cities consist of the following steps. After a buying pre-owned car, you have to register for the transfer of the car’s ownership at the local RTO. The documents that you have to prepare include the car registration certificate, PUC certificate, residential evidence, Form 28, 29 and 30 and the N.C.R.B.A report. You also have to pay a fee of INR 300. Moreover, the Indian government has also announced that over-15-year old cars need to be scrapped, which means that all the cars that are more than 15 years old cannot be driven on roads and need to be demolished.
V. Second-hand cars people also look for in Lucknow
By Brand: Hyundai cars, Honda cars, BMW cars, Toyota cars, Maruti cars
By Price Range: Under Rs 1 lakh, Within Rs 2 lakh, Below INR 3 lakh
By Body Types: Sedans, SUVs