Despite the presence of a large variety of medium and small cars in the Indian market, local as well as foreign, the Indian consumer has a strong preference for foreign luxury brands. The family car is one of the most essential purchases made by the middle class Indian family as it is both a symbol of upward mobility and class status. At the same time, the Indian consumer is aware of the need to eventually dispose of this asset while some economic value can be traded for. So one of the first things you need to consider, especially when buying a foreign car such as the Honda, is how much you will be able to sell it for once you are ready to buy another car. Read More: