Around 60 percent of respondents had a budget less than 800 thousand Indian rupees for purchasing their next car in India according to a survey conducted in February 2021. In fiscal year 2020, India's pre-owned car market stood at 4.2 million units, bigger than the new car market. 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.
Likely budget for buying next car in India in 2021
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CarAndBike. (March 25, 2021). Likely budget for buying next car in India in 2021 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1258698/india-likely-budget-for-buying-next-car/
CarAndBike. "Likely budget for buying next car in India in 2021 ." Chart. March 25, 2021. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1258698/india-likely-budget-for-buying-next-car/
CarAndBike. (2021). Likely budget for buying next car in India in 2021 . Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1258698/india-likely-budget-for-buying-next-car/
CarAndBike. "Likely Budget for Buying next Car in India in 2021 ." Statista, Statista Inc., 25 Mar 2021, https://www.statista.com/statistics/1258698/india-likely-budget-for-buying-next-car/
CarAndBike, Likely budget for buying next car in India in 2021 Statista, https://www.statista.com/statistics/1258698/india-likely-budget-for-buying-next-car/ (last visited August 24, 2024)
Likely budget for buying next car in India in 2021 [Graph], CarAndBike, March 25, 2021. [Online]. Available: https://www.statista.com/statistics/1258698/india-likely-budget-for-buying-next-car/