Maruti most popular brand in used car market: report

Maruti Suzuki remains the top choice of car buyers and sellers in the used car space according to a report by e-commerce site Quikr

India's largest car maker Maruti Suzuki remains the top choice of car buyers and sellers in the used car space, according to a report from online selling platform Quikr.

The report reveals that demand for hatchback cars is the highest on the site. Amongst other findings, the report also states that premium cars such as Aston Martin and Lamborghinis are being bought and sold twice as fast as other economy cars.

The Quikr Online Classifieds Used Cars Report shares trends about consumers' car brand preferences, used car transactions and other key insights about the online used cars market. White and silver are the most popular colours for the cars being bought and sold.

Hatchbacks constituted 57% of the total number of cars sold across India's top cities, with Ahmedabad being the highest in distribution of cars came from followed by metro cities. Across cities, the average age of a resold car is four years old and most cars are listed for sale after 60,000 kilometers.

Among the other findings is that that Mumbai has the highest share of pre-owned sedans being sold while Chennai has the highest share of used SUV sales.  

Pranay Chulet, Founder & CEO of Quikr said, "Traditionally in India, people preferred to buy and sell used cars through offline channels. This market first started moving online and now the market has shifted to mobile which has become the most preferred way to buy, sell and find second hand vehicles. With this report, we aim to demonstrate the effectiveness of mobile internet as the dominant medium for used cars transactions."