Page 3 - Used Car Market

Used car market sees a continued interest from buyers amid Covid-19

2020 saw incremental growth for 1st-time car buyers, category up 3% for Maruti

Average selling price of used cars falls first time in five years: Report

Change in emission norms dragged impacted demand, leading to price drop

Second-hand car business on high speed in India amid Covid-19 pandemic

The pandemic has accelerated the second-hand car business to the point of a demand-supply imbalance

Online used car aggregators see brisk business as demand outstrips supply

Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals

CarDekho to open 50 offline stores in India within 6 months

CarDekho to open 50 offline stores within 6 months as used car demand rises

Skoda drives into pre-owned car market as demand for owned vehicles soars

The used car market in India has been growing at more than 1.5 times that of new cars

In a bid to gain presence, Triumph to launch used-bike programme by Oct-end

Currently, Triumph retails nearly 13 products across various categories in the country

Get the used car you're buying inspected before making the purchase

For further peace of mind, you may purchase a warranty

Covid-19 impact: Over 54% potential buyers prefer used car, says study

Even as the preference for a personal vehicle is growing owing to safety concerns, buyers are not willing to fork out much

Personal car, 2-wheeler preferred mode of transportation post Covid: Survey

The research shows that the pre-owned vehicle will see a good traction as 96 per cent of the respondents want to purchase used car

Mahindra First Choice embarks on expansion, plans to add 30 outlets soon

Company's June volumes to reach 80% of pre-Covid levels, firm plans to have 1,250 dealers by FY21-end as it eyes overall sales of 200,000 units by FY21

Pre-owned car sellers expect a spike in demand in times of Covid-19

A study by second-hand car dealer Cars24 showed 22.5 per cent of the consumers, who were planning on buying a new car last year, would prefer used cars now due to limited budget

Pre-owned cars strike chord with customers as lockdown eases: CARS24

The preferred top five models in pre-owned cars continue to be Maruti Suzuki Swift, Hyundai Santro Xing, Hyundai Grand i10, Honda City and Maruti Suzuki Swift Dzire

Used car trade could rev up auto revival as consumer turns budget-conscious

Bookings, sales perk up for hatchbacks, cars between Rs 4 lakh and Rs 6 lakh

Used car market heads for boom post-lockdown as demand may pick up pace

The pre-owned car market is headed for a boom in the post-lockdown era as cars acquire a utilitarian value for people

Volkswagen ramps up used-car business, buys old vehicles from market

The company sold some 20,000 used cars last year and plans are to surpass this number going forward

Coronavirus impact: Auto manufacturers face second-hand challenge

The second-hand vehicle segment is expected to capture a larger share of the two wheeler and passenger car markets

Shriram Automall buys car selling portal BlueJack to strengthen offline biz

BlueJack is expected to fully integrate with SAMIL's operations and group companies in first half of 2020

Prosus-owned OLX invests $400 million in FCG's used car business

In India, OLX and FCG have a joint venture that operates OLX CashMyCar stores across almost 17 cities

Used car market on growth track, but auto crisis casts a shadow

Analysts and industry representatives fear that the slowdown in new car sales could have a spillover effect on the used car market