BIG PLAYERS GETTING INTO USED BIKES MARKET

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Finally, used bike market is seeing some action like used cars. Companies like automartindia and Maruti Udyog have been active in the used cars market for some time now, and have given some safety and reliability to buyers, though at a price. A similar action is now likely to be seen in two wheelers too.

Although it is not going to happen soon, TVS and Hero Honda have plans to enter used bikes market. Hero Honda is already running pilot projects in a few cities, so it may not be long before they are in your city.

The good thing about organized players getting into used vehicles market is that buyers can be assured of quality, reliability and authenticity of the product they are buying. Inexperienced buyers could easily get swindled otherwise. Of course, all this goodness comes at a premium, and the buyer has to decide if he is ready to pay it up.