Mahindra First Choice Wheels (MFCWL), the country’s largest certified multi-brand used car firm, has expanded its presence in North India with its new dealership outlet in Delhi named under Sachdeva Motors. This new MFCWL outlet is located at the prime location of Motinagar in New Delhi and is spread across 2000 square feet. This new outlet was inaugurated on 12th of February by Mahindra First Choice Wheels’ National Head of Franchisee Business, Mr. Tarun Nagar.
While speaking during the inauguration ceremony, Mr. Tarun Nagar said that his new outlet is a part of the company’s strategy to expand the company’s already considerable presence in the used car market of North India which is of great importance for Mahindra First Choice Wheels. The potential size of the used car market in the city of New Delhi is an outstanding 30000 cars every month and this figure is going to increase many folds. He added by saying that this new showroom is the second outlet by the same dealer and has its first outlet at Lajpatnagar, which shows the successful market potential. Sachdeva Motors has extensive knowledge of the local used car market and this will definitely help Mahindra brand to grow further.
Mr. Hemant Sachdeva of Sachdeva Motors while commenting on the occasion said that the company has its presence in South of Delhi, in the form of its first outlet in Lajpatnagar and this second outlet will help the company to draw more customers and cater to the demands in one of the major locations in Central Delhi.
He added that the company is extremely pleased to be associated with the Mahindra First Choice Wheels in the city of Delhi. He explained that MFCWL offered everything that is required for an all inclusive used car business. MFCWL’s steadfast focus on great innovation and dealer’s profitability has made the company the leading brand and the most preferred choice all over India.
MFCWL started its humble start back in the year 2007 with its first outlet in India and has now is the undisputed ruler of the multi-brand used cars business. MFCWL is constantly trying to offer innovative products to enhanced customer experience and this also include selling certified multi-brand pre-owned cars with warranty and proving great comprehensive warranty on used cars in India.
MFCWL has also expanded its footprint in the business specially meant for pre-owned luxury cars and has opened specialized outlets called the ‘Highline’ stores to offer great experience to the premium used car buyers.
The used car market which is already larger than the new car market and is expected to be double the size of the new car market in the next 5 years. Moreover, it is much stable and does not get much affected by market slowdown. Mahindra First Choice Wheels being the dominant company in the multi-brand used car segment in India is all prepared to take the full advantage of this potential and is determined to grow much further.