Indian roads are on high! Thanks to the best as well as high-end cars which can be spotted in most of tier 1 and 2 cites. The car owners are boasting about their new driving partners on the road. The new millennial with handsome purchasing power is not shying away from investing in luxurious second-hand cars . But if you have to go ahead to make a purchase of the first-hand car then make sure you know the resale value of the car also. The future returns are important because a car is a depreciating value. Be it a used car or a brand-new car, you should always understand and analyse in what you are investing. There are multiple cars which can give you a good rate of return at the time of the resale but not necessarily it would be a good return. The future returns have to be looked from a holistic perspective to let you cover some of your cost of the cars. Therefore, you need to understand how is the second-hand market as well as the consumers behave. With the second-hand car mar...
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