The Second Hand Cars Market in India is in a growing phase because of their increased sales of used cars in metro cities. Those who have tight budgets or are not able to buy new cars are buying used cars. In this article we are finding you the best selling second hand cars in India so you can make the right decision for buying the used car.
If you are looking to buy used cars then you definitely check these used cars retail platforms like Spinny, Cars24, Mahindra First Choice, True Value, Droom, CarDekho and CarWale. They all platforms provide you 1 year warranty, RC transfer and Quick Financing.
In the year of 2022 over 3.5 million used cars were sold, breaking the previous year’s record. As you know the depreciation rate for a new car is more than a second hand car and some damages can directly affect your resale value. Spinny’s Neeraj Singh said “Studies show that by 2026, it will become a $50 billion industry, indicating that the used car industry might record a CAGR of 15% during this period”.
According to the report of IndianBlueBook, these are the best selling second hand cars purchase by Indians in 2022 were Maruti Suzuki Swift, Maruti Suzuki Alto, Maruti Suzuki Wagon R, Maruti Swift Dzire, Hyundai i10, Hyundai Creta, Mahindra Scorpio, Honda City, and Renault Kwid.
Maruti Suzuki dominates the Indian used car market. People buy Maruti cars because they have good mileage, affordable cars, low maintenance, great resale value and availability of spare parts.
Most Demanding Used Car in India
In the Indian used car market the most demanded used car is the Maruti Swift Dzire, Maruti Ertiga and Hyundai Creta.
Hyundai Creta is the most demanding SUV followed by Maruti Brezza, Tata Nexon and Ford EcoSport. In Sedan, Honda City is the most popular in the used car market as it offers spacious interior, strong driving dynamics and strong build quality.