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Resale value of used diesel cars in Delhi expected to come down

Overdrive July 18, 2016, 21:49:24 IST

NGT’s ruling will compel owners to sell their old vehicles and instead buy newer ones

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Resale value of used diesel cars in Delhi expected to come down

The National Green Tribunal (NGT) has come up with a new ruling that states all diesel vehicles over 10 year old should be de-registered with immediate effect. It is still not clear on how will that reduce air pollution in Delhi as even the NGT seems to have ignored all the facts supporting the same. The area which will however see an impact because of NGT’s new ruling is the used car market.

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NGT’s decision will compel owners to…

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