The most popular reasons for purchasing a pre-owned car were family commuting needs and budget constraints across India according to a survey conducted in February 2021. In fiscal year 2020, the pre-owned car market stood at 4.2 million units. 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.
Key reasons to buy a pre-owned car across India in 2021
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CarAndBike. (March 25, 2021). Key reasons to buy a pre-owned car across India in 2021 [Graph]. In Statista. Retrieved November 04, 2024, from https://www.statista.com/statistics/1258607/india-key-reasons-to-buy-a-pre-owned-car/
CarAndBike. "Key reasons to buy a pre-owned car across India in 2021." Chart. March 25, 2021. Statista. Accessed November 04, 2024. https://www.statista.com/statistics/1258607/india-key-reasons-to-buy-a-pre-owned-car/
CarAndBike. (2021). Key reasons to buy a pre-owned car across India in 2021. Statista. Statista Inc.. Accessed: November 04, 2024. https://www.statista.com/statistics/1258607/india-key-reasons-to-buy-a-pre-owned-car/
CarAndBike. "Key Reasons to Buy a Pre-owned Car across India in 2021." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1258607/india-key-reasons-to-buy-a-pre-owned-car/
CarAndBike, Key reasons to buy a pre-owned car across India in 2021 Statista, https://www.statista.com/statistics/1258607/india-key-reasons-to-buy-a-pre-owned-car/ (last visited November 04, 2024)
Key reasons to buy a pre-owned car across India in 2021 [Graph], CarAndBike, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1258607/india-key-reasons-to-buy-a-pre-owned-car/
