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Has it become easier to buy cars online?

May 22, 2017

In today’s times, everything can be bought and sold online. Right from vegetables and groceries to medicines, from phones to laptops, from clothes to cars. Yes, cars. It might sound unbelievable but in last few years with everything and everyone going digital, people have started buying cars online today. Here are the reasons people find it easier to buy cars online.

  • Easy Car Loans
    It is easier to avail car loans these days, both new and used car loans. Banks and financial institutions have started to provide loans at very competitive interest rates and flexible EMI policies. This has at-tracted a lot of people to buy new and used cars. NBFCs such as Tata Capital have also collaborated with car dealers which helps customers check car options online to find the perfect vehicle.
  • Variety of Options
    Customers have a variety of car options online, where they can survey and shortlist cars that suit their needs and comfort. Customers can check cars ranging from small hatchbacks, to sedans to SUVs and even luxury cars. Detailed specifications and technical analysis are also easily available online along with reviews and feedback of other users, who drive these cars. Now, getting a price quote and other add on features in a car are also just a few clicks away. Online used car selling companies also offer the op-tion to choose the make and model of the car, along with the year of manufacture and age of the car.

Related: Have car sales gone up in February?

  • Hassle Free Paper Work
    People are not required to visit banks or financial institutions to avail loans. Companies such as Tata Capital provide loans online without any trouble. Customers can avail all types of loans, including home loans and car loans online. Who knew, something as simple as offering hassle free paper work would make buying cars online easier for people.
  • Door Step Services
    Earlier, only sites such as OLX and Quicker engaged in buying and selling various second hand prod-ucts including cars. While it was easy to browse and choose cars from these sites, finding a seller in the nearby or at least easily accessible areas was still difficult. Online car stores provide you with doorstep services which means you can, not only choose a car, but also ask for a test drive at your convenience. In addition to this, the car selected is also delivered at your home today.

Related: How online used car loan providers are helping the auto loan industry

  • Authenticity and Reliability
    While buying cars online was a thought that excited most people, the lack of reliability and authenticity of used cars still made the buyers uncomfortable. Buyers had to either trust the seller or their mechan-ics for smooth and proper functioning of the used cars. However, with more and more automobile companies entering the sector that are selling only certified cars, along with their guarantee, has in-creased the authenticity of quality of used cars and has also gained the customers’ confidence.
  • Easier Processing and Seamless Transitions
    The entire process, which includes surveying the car, shortlisting it, financing, customising, paying for it and getting it delivered, can be done online. This has increased transparency and made buying a car a much easier process. This has also added to the overall appeal of buying used cars from a certified online store.

So now that you know of all the advantages of buying a car online, what are you waiting for?