Business News›Prime›Prime Vantage›This is how valuable True Value stores are to Maruti Suzuki – two decades later.
Auto
This is how valuable True Value stores are to Maruti Suzuki – two decades later.
![This is how valuable True Value stores are to Maruti Suzuki – two decades later.](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-102656324,width-1015,height-761,imgsize-116198,resizemode-8/prime/prime-vantage/this-is-how-valuable-true-value-stores-are-to-maruti-suzuki-two-decades-later-.jpg)
![This is how valuable True Value stores are to Maruti Suzuki – two decades later.](http://178.128.105.246/cars-https-img.etimg.com/thumb/msid-102656324,width-1015,height-761,imgsize-116198,resizemode-8/prime/prime-vantage/this-is-how-valuable-true-value-stores-are-to-maruti-suzuki-two-decades-later-.jpg)
A customer after purchasing a Maruti Suzuki Celerio from Maruti True Value in Haryana, India; image credit: Maruti Suzuki True Value via Facebook
Synopsis
Most Maruti Suzuki models are known for retaining a sizable resale value and it is easier to sell them. This is a big factor which works in its favour when a customer chooses to buy a new car. True Value helps protect this critical brand attribute. How is it standing up to startups like Cars24 and Spinny?
True Value has sold five million used-cars since its inception. That is a significant landmark for Maruti Suzuki, the passenger car segment leader in India’s automotive market. Especially considering the pioneering effort Maruti made in setting up an organised used-car sales network more than two decades back in 2001. Most Maruti Suzuki models are known for retaining a sizable resale value and it is easier to sell them. This is a big factor
( Originally published on Aug 12, 2023 )
- FONT SIZEAbcSmallAbcMediumAbcLarge
ET
Uh-oh! This is an exclusive story available for selected readers only.
Worry not. You’re just a step away.