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ARMENIA HAS A HUGE MARKET FOR CARS by George Mathew
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ARMENIA HAS A HUGE MARKET FOR CARS |
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Automotive
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Cars in Armenia can be found easily of any kind or make. All you need to do is to first have knowledge about the market and about the car you are interested in buying. For cars Armenia is considered as a hub where you can find different color cars which may be as old as those of the late last century to the most state of the art model any manufacturer has produced. There is also a great demand of multi user cars that can accommodate a group of people and is used to occupy a large family so that they can drive themselves to a picnic point. In Armenia cars are bought after posting a purchase order to the nearest car dealer who after arranging for certain documentary requirements forwards the same to its manufacturer zone. In case where the car dealer is only limited to the advertisement and final sale the same has been performed by someone outsourced in this behalf. Some customers eyeing to have cars on rentals are found in sub urban region and this business has a seasonal effect as rentals are high during the peak season of December on during year end. You need to book your order in advance to avail the exciting offer that is made available to those customers who come first. For those who are interested in buying the car first need to deposit a certain sum of money with the car dealer who then arranges to get the required vehicle within the stipulated time as offered normally in the car industry. There has also been a surge in the demand of cars Armenia as the people of this area have experienced a rise in the per capita income and thus have much more purchasing power that ever before. This locality has almost half the percentage of its population in ownership of any sort of vehicle. This is based on the assumption that all family members of a household are considered to own a car even if a single vehicle exists in their name as a family. This place is also expecting to run high risks of pollution as the level of vehicles will increase. But the orders of the government and rules and regulations have been stringent and making it impossible for car to emit unnecessary smoke. Further all vehicles are required to get an inspection certificate from the relevant authorities. This certificate is required on an annual basis and is to be renewed every year. The renewal fee is nominal and the main purpose of this exercise is to ensure that the vehicle is fit for normal use. This part of the world also deals in used Armenia cars. There is a large market here for these old cars which are brought from different countries of the world. Some vehicles are also exported to countries and these results in bringing a lot of foreign reserves in the country. It also helps to maintain the balance of payment while being maintaining the income level of those associated with the industry at high levels
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