SELL YOUR USED FORD CAR!

SELL YOUR USED FORD CAR!

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sell used ford cars in india

Ford India Private Limited is the 6th largest car manufacturer in India. It is headquartered in Maraimalai Nagar, near Chennai (Tamil Nadu). 

 

Ford India offers a wide range of cars, suitable for almost all kinds of customers and conditions in India. During their initial days in India, Ford launched the 6th generation Ford Escort, Ford Ikon, and 2nd generation Ford Mondeo model. Ford Ikon sedan witnessed huge success. After its initial success, Ford India brought its sedan model – the Ford Fiesta. Other Ford cars that became highly successful were Ford Figo, Ford EcoSport (a sub 4 meter SUV), Ford Endeavour, and Ford Mustang. 
The burgeoning middle class in India has not only increased the demand for new Ford cars but also for used Ford cars. However, due to certain misconceptions regarding the cost of maintaining Ford cars, the resale value is still comparatively low. However, to get the best deal, you can sell second hand Ford cars to Cars24. 

Quick Facts about Ford India Pvt. Ltd.

  • Ford car models currently plying on Indian roads include Ford Mustang, Figo, Freestyle, Figo Aspire, Ecosport, and Endeavour. 
  • To meet the increasing demand, Ford India has doubled its capacity to a whopping 440,000 cars and 610,000 engines per year.
  • The leading car company has over 376 sales/service outlets, located in 209 cities throughout India. 
  • They achieved their highest sales performance in 2010 by selling 83,887 vehicles, which was a year-on-year sales growth of 172%. 
  • Ford India exports around 25% of their car production and 40% of its engine production to 35 countries. 

Ford Cars – Resale Value

Resale value of Ford cars is still comparatively low. This is mainly because of mutually understood misconception about Ford cars in the Indian car market. The widespread misconception is that Ford cars come with high maintenance costs. Ford India is regularly arranging multifarious marketing campaigns to clear the doubts and misconceptions about their cars in the Indian automobile market. Due to these consistent efforts, the misconceptions are decreasing and Ford cars’ resale value has started picking up. Still, the company has to go a long way to eradicate the maintenance cost related buzz from the market. 

 

However, the comparatively lower resale value of Ford cars doesn’t mean that there is any dearth in the demand for Ford used cars. India has a burgeoning middle class but not all of them can afford new cars. That’s why a large chunk of the middle-income people search for second hand Ford cars. 
There is no fixed price for used cars. Ford used car price depends upon multifarious factors including model year, overall condition, kilometers run, and many more. So, the next time you visit a dealer to sell your used Ford car, keep these aspects in mind. If you want to sell second hand Ford cars and get the best deal, you may visit the Cars24 site. 

Ford India History

Ford Motor Company has a long association with the Indian car market. Many believe that Ford India started its operations in India in the 1990s. However, the truth is that as a part of Ford Motor Company of Canada, it started manufacturing cars in India back in 1926. It stalled the production of cars in 1954 because of financial crunch. 

 

Ford restarted its manufacturing operation in India back in 1995 after entering into a 50-50 joint venture with Mahindra and Mahindra. The entity was named Mahindra Ford India Limited (MFIL). However, the JV ended in March 1998 when Ford Motors increased its company share to 71%. They also changed the name to Ford India Private Limited. 

 

Till now it has invested over US$2 billion in its manufacturing facilities as well as sales/service footprint across India (one of the fastest-growing automobile markets of the world). In India, it currently has two manufacturing units. While one is at Maraimalai Nagar (Tamil Nadu), the other is at Sanand (Gujarat). The all-time most popular Ford cars in India are Ford Figo, Ford Fiesta, and Ford Ikon. 

Ford India – What Makes It Unique?

A car that is completely unique for Ford India is the sub-4 meter SUV called Ford EcoSport. Ford was the first ever manufacturer to utilize the sub 4 meter policy of the Indian government to come up with this car model. This model is not only successful in India but also abroad. EcoSport SUVs are also exported by Ford India to the United States of America and the European Union.

Current Ford Cars in India - Listing of Ford Cars

Ford is one of the most iconic car manufacturers world over. This manufacturer has a series of car models that make them unique in their own ways. The most important car models in different categories are –
•    Hatchback – Ford Figo
•    Cross-hatch – Ford Freestyle
•    Sedan – Ford Aspire
•    Compact SUV – Ford EcoSport
•    Full-size SUV – Ford Endeavour
•    Muscle car – Ford Mustang
However, the most iconic of them all in India is the Ford Mustang. 

Sell Used Ford Cars in India

The per capita income of Indians is going up. The income of the urban middle class is also on the rise. That’s why they are changing cars more frequently than ever before. It’s one of the main reasons why the demand for Ford used cars is growing so much. The second-hand cars that are available in the market are in far better condition than they were a decade back. 

 

In India, the demand for Ford second-hand cars is growing fast. Ford Figo, Aspire, Endeavour, and Mustang models have high demand, both in the new and used car markets. If you want to sell Ford used car, you may face valuation problems. This is because of the popular misconception in the Indian market that Ford cars come with high maintenance cost. With regular marketing campaigns addressing these misconceptions, Ford cars resale value is improving. It’ll take some more time for the valuation to reach a standard. If you want to sell a pre-owned Ford car at the best possible price, CARS24 is the best solution.

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Customers Love Us

  • Customer selling his Hyundai i20 at Cars24 branch

    I didn't know selling a car could be this easy! It's hassle free and faster than any other expected. Thank you for an awesome experience at CARS24.

    Hyundai I20 - Pradeep Pattanath

  • Customer selling his Hyundai Eon at Cars24 branch

    Selling your car is a very tedious process but with CARS24 it is the exact opposite. I sold my car the same day I visited their branch, got paid immediately and they got the ownership transferred themselves. Super job team CARS24!

    Hyundai Eon - Vijay Chawla

  • Customer selling his Tata Manza at Cars24 branch

    Inka jawaab nahi! CARS24 bought my car at a great price. Big thanks to people at the Golf Course branch, and CARS24 for helping me sell my car. These guys are the best at what they do.

    Tata Manza - Mr. Arun

  • Customer selling his Fiat Grand Punto at Cars24 branch

    CARS24, in my experinece, is the most convenient way of selling used cars. You go to their branch, sell your car and get paid - as simple as that. They even took the responsibility of transferring the ownership. What more do you need?

    Fiat Grand Punto - Mrs. Thapa

Still Confused? Take the Right Decision

Exchange offer. A bad idea!

Well, let us burst this bubble. This will never happen. Do you know what actually happens in an Exchange offer? Let us explain it to you.

There is a negotiation on the value of your used car. The sales executive will smartly offer you a higher price than what CARS24 is offering for your used car. This is the salesman’s way of gaining your trust by making you believe you got an amazing deal for your used car. This is a trap! What the salesman has done is that while negotiating a deal for the new car, he will give you significantly less discount than what he could have actually offered. Why don’t you test it out yourself?

Go to a new car dealership to buy a car. Separately, send a friend/family member to buy a new car in exchange of their used car. You would learn that the extra money offered for your used car would mean a smaller discount on your new car. Who will bear the loss for this? Definitely you!

Instead, get the best price for your used car on CARS24 and negotiate hard when you purchase a new car.

Selling on classified websites? Don't

First, let us tell you how CARS24 gets you the best price: we have long term, volume contracts with OEMs, corporates, leasing companies, car rental companies, etc who want your car to grow their business. That is how we get you the best price for your car.

So you don't need to look anywhere else. However let's still address your other options. Classified websites are likely to show much higher prices for your car. Honestly, they are arbitrary - almost 50% - 200% higher than the real value! We don't know why they are so poor with their 'price calculators' but trust us, you will know that as soon as you start the process of meeting buyers for your car.

Got a good deal? Check ours.

You could go ahead and sell your car directly to a consumer but do you know it could take months before you actually complete the transaction? Do you have months to spare & time to meet hundreds of individual buyers to find that one perfect buyer for your used car?

By waiting longer you lose more than you gain as your car value depreciates every day you wait. Moreover, transferring the ownership & shifting the liability of your used car over to the new customer could be a very tedious job.
Once you’ve handed over the keys to the new owner of the car, how long will you chase him for the transfer of ownership documents? Obviously you wouldn’t want your used car to land in the wrong hands and this liability is yours.

At CARS24, we guarantee a transparent process where we will get you the best price for your used car, as well as take care of all paperwork, including the transfer of ownership too! The best part being that from the moment you hand over the keys to us, we take full ownership & all liability of the car lies with us!

Found an end buyer? Wait!

When you are planning to buy a new car, waiting longer can help in getting you a better price for it. But this is the exact opposite, when you are trying to sell your existing car.

Even if your existing car has done 0km & maintained impeccably, it’s still losing value every day. Moreover, there are few events like Mega discounts on new cars, Year change, New model launch, that further drop the value of your current car.

Hypothetically, if Honda City announces a new facelift, the existing design might reduce value by 20%. This is fairly common in the car industry. Similarly with year change, you lose 10-20% value. So if you have made up your mind to sell your car, every minute you delay you are losing real cash. Now, go ahead and sell your car to CARS24 and get the best price possible in the market!

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