| Are you a middle class Pakistani with a limited | | | | with the same company. |
| budget and planning to buy a car? Whether it's for | | | | 4. Used Cars have become Easier to Find |
| your spouse or one of your teenage children, you | | | | A good used car in Pakistan has become far |
| should seriously consider a second hand, used car. | | | | easier to find over the last couple of years. |
| Why? The market for used cars in major cities | | | | Popular Newspapers like Dawn and Jang publish a |
| like Karachi, Lahore, Islamabad and Rawalpindi has | | | | classified ad section every Sunday which is |
| grown tremendously over the last few years, | | | | brimming with used cars for sale. For further |
| offering a wider selection of manufacturers like | | | | convenience, the cars are arranged by |
| Toyota, Honda, Suzuki and Charade to families | | | | manufacturer with Toyota, Honda, Suzuki and |
| looking to buy a second car. As mentioned below, | | | | Charade being the most popular makes |
| the reasons for this growth are linked to the | | | | advertised. |
| numerous benefits associated with buying used | | | | Online classifieds catering to the Pakistani Market |
| cars and the savings realized in the process. | | | | have also sprung up in the last few years. These |
| 1. Used Cars Bring More Value for Less Money | | | | are easier to use as they offer advanced search |
| Getting your money's worth while staying within | | | | options allowing the user to perform a more |
| your budget is probably the greatest advantage | | | | refined search, including one based on his or her |
| of buying a used car. With a little research and | | | | budget. You can also view photos and videos of |
| patience you can always get a car that's within | | | | the car you're buying. Classifieds cater to both the |
| your price range and problem free. If you're well | | | | national market and to more localised urban |
| acquainted with the mechanics of a car or know | | | | centers like Karachi, Lahore, Rawalpindi and |
| someone who is make sure you get the car | | | | Islamabad. With the increase in internet users and |
| checked thoroughly before any sort of | | | | inexpensive (mostly free) advertising online |
| commitment. Take it for a test drive and check | | | | classifieds have been a tremendous help in |
| for rattling or any unusual sounds. Don't waste | | | | boosting the market for used cars. |
| too much time once you find the car that fits | | | | 5. Ease in Communication between Buyer and |
| your needs. Good deals can attract a lot of | | | | Seller |
| buyers and such cars tend to be sold fast. | | | | With the growth in the mobile telecommunication |
| 2. Lose less When You Sell Your Used Car in the | | | | sector in Pakistan and cheap call rates, |
| Future | | | | communication between the seller and buyer has |
| Another major benefit of buying second hand | | | | become effortless and instant. This has resulted in |
| cars is that you car value doesn't depreciate as | | | | a higher turnover of used cars and several auto |
| quickly over time as a new car's does. The | | | | dealers have invested heavily in this market to |
| increasing demand for used cars has limited the | | | | realise quick profits. Almost all ads mention the |
| decline in worth both in percentage and absolute | | | | seller's mobile number to facilitate the sale. And |
| terms. So if you sell your car in the future, you | | | | rightly so. |
| won't lose as much as you would have on a new | | | | Conclusion |
| car. | | | | The ease with which a great used car can be |
| 3. Pay Less for your Second Insurance | | | | found tied in with the savings realized are factors |
| The insurance premiums on used cars are much | | | | that can no longer be ignored. In times of |
| lower and depending on the year of manufacture | | | | economic instability, Pakistanis are weighing their |
| you can save up to forty to fifty percent on the | | | | options more carefully and the shift in buyer |
| premium for your second car. Additionally, | | | | preference towards used cars is clear evidence of |
| Pakistani insurance companies like Adamjee and | | | | this fact. With a little digging and probing and a |
| EFU offer discounts of up to ten percent on | | | | few clicks of the mouse families not only save |
| insurance premiums for your second car. So if | | | | cash, but also get to buy a great car. No longer |
| your current insurance company hasn't given you | | | | are people letting social pressures trap them into |
| problems with past claims and the service has | | | | buying a brand new car when they know they're |
| been above average, insure your second used car | | | | better off with the extra money in the bank. |