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Over the past few months, I have been asked if it’s a good idea to buy cars in India through a classified portal. Before answering this question, let’s take a look at the car business as a whole.

The major companies buy three million cars each year and after 18 to 20 months, those cars do not magically disappear, they get sold, either at major auctions or through a classified portal. This means roughly one in five cars on the road is a well-conditioned used car on which you could be sitting right now and do not even know about it.