Hi Guys,
Need your valuable ideas & expertise on the current 2nd hand car market and predictable future.
Compare to an year ago, there is a big drop in most of the vehicle models. 2002/03 Allions are going below 3 M and even 2006/07 anniversary models are going in the range of 3.5 - 3.7 M range, where as an year ago it was well beyond 4 M.
Hybrids are invading like crazy and streets are flooded with models like Aqua, Fit, Vezel, Prius, Axio Hybrid and seems more & more getting registered and more orders been placed.
I heard but don't know its validity, that Japanese auto makers are going to discontinue manufacturing of non-hybrid cars from 2015/16.
So considering all these, what will happen to 2nd hand car market in near future? will it keep on falling in this pace? Will it be wise to ride with the wave, when it comes purchasing a new car....as Hybrids and Electrical cars seems to be the future?
