Audi India will venture into the pre-owned cars business with ‘Audi Approved Plus’. According to reports, Audi will display 8-10 pre-owned cars in the showrooms and the average age of these models is expected to be in the region of four to five years. They also suggest official Audi dealers will open the Approved Plus outlets adjacent or near the existing Audi showrooms.
Michael Perschke, head of Audi India in August had said, “The way Indian market is growing, there is an opportunity in the used car business and we also want to tap it. By the end of the year, we will start our used car business under the Audi Approved Plus brand.” He added that the company's expectation in the long term for the used car business was to have about 10-20 per cent of its new cars sales in India.
The German carmaker has not given any other details of the venture but has confirmed that there will be an official announcement in this regard shortly.