Toyota expands U Trust used car business in India

Toyota Kirloskar Motor has announced the expansion of U Trust, its used car business in India. The business, which was launched in 2007, will now cover 56 markets in 19 states.

Under Toyota U Trust, customers can sell, purchase and exchange Toyota and non-Toyota cars. Old cars of any make can be exchanged for a brand-new Toyota car as well.

U-Trust has a 203-point inspection check list to evaluate the condition of a vehicle. Each car is certified after checking the documentation, quality level, service history and genuine refurbishment by a U Trust dealer. Only cars which satisfy all these criteria are certified. After the car is sold, buyer details are provided to the seller customer. U Trust also has warranty offers on certified cars up to 2 years and 30,000km.

The used car market in India is growing fast. Used cars command a 30% higher market share than new ones.

Source: Autocar Professional