Significance of Car Dealers in India
India, UK, USA, Pakistan, Sri Lanka, July 10, 2014 (Newswire.com) - There are several methods of purchasing a car.
Availability of funds:
The rapid spurt in the salaries and wages of the employed class of people, coupled with the increase in the number of affluent business families in the country, have converted cars into necessity items rather than luxuries.
As the entire automobile industry is dealer based, the car dealers have become essential for making the cars available to the ultimate users.
The Car Dealers almost invariably have tie-up arrangements with banks, so that the non-availability of funds, do not discourage those desiring to own cars.
Role of Car Dealers in India:
The car dealers act as essential middlemen between the manufacturers and the users. The manufacturer gives a commission to the dealer, for the service provided, and this compensates for the efforts of the latter to sell the vehicles.
Often, in a bid to beat competition, dealers offer their own margin and sell at lower profit margins. Offers of free insurance, other freebies, are also used to score over fellow dealers.
Used Car Dealers, also take up jobs of overhauling used cars, and reselling them on behalf of the ownaers. Here too, a lucrative margin is available to the dealers.
It has thus become very lucrative, though challenging, to take up the profession of car dealership in India and going to be one of the prime career choices due to the surge in the demand in cars among the people of India is increasing.
Car Dealers in India play a significant role in purchasing the best model cars from car showroom.