In financial year 2023, the market volume of used car was around 5.2 million units. It was a significant increase in comparison with the previous year. During the presented period, a general growth trend could be observed. The pre-owned car market grew continuously over the observed time frame. This segment was bifurcated among organized, semi-organized, unorganized, and customer-to-customer category.
Market size of pre-owned car across India from financial year 2016 to 2023
(in million units)
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CarAndBike. (May 14, 2024). Market size of pre-owned car across India from financial year 2016 to 2023 (in million units) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1044753/india-pre-owned-car-market-size/
CarAndBike. "Market size of pre-owned car across India from financial year 2016 to 2023 (in million units)." Chart. May 14, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1044753/india-pre-owned-car-market-size/
CarAndBike. (2024). Market size of pre-owned car across India from financial year 2016 to 2023 (in million units). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1044753/india-pre-owned-car-market-size/
CarAndBike. "Market Size of Pre-owned Car across India from Financial Year 2016 to 2023 (in Million Units)." Statista, Statista Inc., 14 May 2024, https://www.statista.com/statistics/1044753/india-pre-owned-car-market-size/
CarAndBike, Market size of pre-owned car across India from financial year 2016 to 2023 (in million units) Statista, https://www.statista.com/statistics/1044753/india-pre-owned-car-market-size/ (last visited December 21, 2024)
Market size of pre-owned car across India from financial year 2016 to 2023 (in million units) [Graph], CarAndBike, May 14, 2024. [Online]. Available: https://www.statista.com/statistics/1044753/india-pre-owned-car-market-size/