Toyota Enters Into Used Car Business In India

Toyota Kirloskar Motors has entered into the used car business with its first “Toyota Used Car Outlet (TUCO)” in Bangalore. As per the brand, the TUCO will only buy & sell Toyota pre-owned (used) cars. 

Toyota has also revealed that all used cars at TUCO will undergo a comprehensive inspection based on 203-parameters to determine the quality level and will be refurbished accordingly. TUCO showroom will also offer financing options, RTO assistance, insurance, and accessories for these certified pre-owned cars.

Customers will also be provided with a transparent valuation of vehicle history and authenticity. In fact, customers can even evaluate their vehicles online by browsing the U Trust website and clicking on the ‘Valuate your car’ option.

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Expressing his delight on this occassion, Mr. Vikram Kirloskar, Vice Chairman (VC), Toyota Kirloskar Motors (TKM) said, “India’s used car market continues to grow rapidly every year and TUCO represents our commitment to developing a fair and transparent used car market with increased reliability for our customers and to the Indian society as a whole. Our focus will be to offer our customers with the best quality refurbished cars with convenience, transparency, and value for money. We are committed towards creating a reliable and transparent used car market which will enable faster disposal of cars at right prices and right quality to the buyers.”