Used car market booms!

A new vehicle would not have clocked even a mile, would smell good and is less likely to give you any kind of problems for several years. It does however cost money. If you are ok with saving couple of lacs on a vehicle that has clocked say 10k to 20k kilometers then I think its worth the buy. You should have a trustworthy mechanic check and test the vehicle you buy. New car sales have dropped this year however the used car segment still has a steady growth in its sales. In fact in India the new car market is more or less of the same size as the new car market.