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Price differential makes first-time car buyers drive to used market

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Technology, Business Services

Technology and Business Services

Price differential makes first-time car buyers drive to used market

27 Apr 2022

1 min read
India’s booming used car market is being driven by first time car buyers in the 25-40 year age group. According to two new surveys, affordable pricing and ease of acquisition is driving the used car market which is all set to hit nearly eight million units by FY26 and will clock a sales growth of 15% CAGR for the next four years.

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Price differential makes first-time car buyers drive to used market | PraxisGA