AutoIndustriya.com / GPI Press | April 02, 2018 08:26
Better deals expected in this year's edition of Bangkok Used Car Show
On its 10th year running, the Bangkok Used Car Show continues on its promise to provide a professionally organized venue for quality pre-owned cars. It is considered the annual venue for leading car campanies, used car entrepreneurs and consumers to come together.
Over 14 companies are participating in this year’s show bringing together more than 100 models to sell on the entire exhibition space. Some of the dealers are BMW PREMIUM SELECTION, MASTER CERTIFIED USED CAR, MINI MILLENNIUM AUTO, TPM AUTO RICH, TNP USED CAR, YO RACHADA, J MOTOR TRADE, BEST SERVICE, AMORN WARRANTY By BENZ AMORN RATCHADA, Khun X’s Car By AUTO MASTER, Rod Sethi Car, CARMANA, and more.
As a mature automotive market, Thai consumers have been giving importance to product and service quality and standard as well as the social responsibility a used car company has for the community. This is a key growth factor for the used car market, because consumers recognize it as consideration for buying a used car.
"This is our 5th year as the main partner of the Bangkok Used Car Show and to work in collaboration with Grand Prix and used car companies," said Mr. Pairote Cheunkrut, the Head of Krungsri Auto Group, the Bank of Ayudhya Public Company Limited.
This year, Krungsri Auto joins the show with 'Krungsri Used Car' special campaign, which offer a low down payment rate with up to 84-month installment plan. To strengthen customers’ trust, the warranty for car parts is extended to the maximum of 2 years or 70,000 km. (Krungsri Auto Extended Warranty), being offered at an attractive rate starting from 17,000 THB. Plus get free a Krungsri Auto umbrella and a chance for a lucky draw to win many more prices when the applied loan is approved at the show. Even more special, the repeat customers will also get free a petrol voucher worth 1,000 THB.
“Thailand is one of the leading automotive industry of the world. Every year, the volume of new car sales is a huge number. Therefore, the circulation of used cars in the market is subsequently huge too. We have been anticipating that the used car market in Thailand is a high potential market because there is a group of consumers who prefer high value products and do not want to spend a lot of money on a brand new car. So Grand Prix came up with an initiative idea of hosting the Bangkok Used Car Show. The show was held in 2009 for the first time, and has been serving as the trading center for used car ever since,” said Mr. Jaturont Komolmis, Chief Operation Officer (COO) of Grand Prix International Public Company Limited and the organizing Chairman of The 10th Bangkok Used Car Show.
For 2017, the used car market in Thailand generated a total value of about THB 136 billion, equivalent to about 450,000 used cars sold. Compared to 2016, the market grew by about 7%.
"The 10th Bangkok Used Car is the big event of the year. The show plays a vital role in stimulating the sales of quality used cars, and is a key factor that urge individual entrepreneur to develop their products and services. This will in turn result in the used car profession being trusted and accepted by all related parties as well as to allow the used car market to grow and develop correctly in an appropriate way," said Mr. Wisut Hemapanpairo, the Chairman of the Association of Used Car.
Mr. Wisut also added that the used car market in general is expected to grow about 5 – 7% in 2018. The growth is said to be benefitting from the 13% of new car growth, which result in a bigger volume of used car added to the market. The popular segments are still those of the 3-4 years old Eco Cars and SUVs, which have been gaining market acceptance significantly.
The 10th Bangkok Used Car Show will be held from April 2 to April 8, 2018; Weekdays: 12.00 – 22.00 Hours; Weekends and Public Holidays: 11.00 – 22.00 Hours at the IMPACT Exhibition Center Hall 2- 4. The admission ticket is available at THB 20 only.