Exit Ford India: Do you have to purchase a used Ford automotive?

The Ford India exit story has introduced out a whole lot of fascinating details and views. Though this can be a extremely advanced matter, we nonetheless have another facets of the choice that we wish to open up and focus on. To this point, we’ve got talked about why Ford determined to pack operations in India in addition to the way it impacts its prospects and sellers within the nation. Allow us to speak about used automobiles at the moment; To be extra particular, allow us to focus on whether or not it’s price it so that you can purchase a used Ford automotive now. You see, the used automotive market in India is big and we see a whole lot of models of Ford automobiles, particularly Ford EcoSport, Ford Endeavor and Ford Figo. So, must you purchase any of those used automobiles now when Ford has determined that it’ll not make or promote fashions of automobiles (apart from particular, absolutely imported) automobiles in India?

To reply that query, we should first take into account the elements that matter to used automotive patrons: service and spare components. Effectively, this can be a concern for first homeowners as nicely, however it’s particularly vital for many who drive older automobiles and like to take care of them nicely. In that context, one mustn’t fear a lot as Ford has stated that it’ll proceed to supply after-sales providers in addition to spare components. The truth is, the corporate’s seller community will supply components and repair assist as soon as the prevailing inventory is bought. The US automaker additionally stated it could proceed to take care of components depots in Chennai, Delhi, Kolkata, Mumbai and Sanand. To make an extended story quick, in case you are a Ford automotive proprietor or planning to purchase a used Ford automotive in India, the corporate has obtained your again service and spare components.

There’s one other issue that performs an vital position within the context of used automobiles: value. Logic suggests the corporate’s preparedness to exit the market could have a big influence on the worth of its automobiles, and business consultants agree. The truth is, we’ve got seen this occur; When Normal Motors introduced its choice to stop operations in India, the worth of its automobiles in India declined. Primarily based on that, it definitely will not be a vendor’s market, however you may relaxation assured that this may be a good time to purchase a used Ford automotive within the nation. Effectively, that’s, if the anticipated pattern holds.

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