Used Car Market 2025 Predictions In India. What's pushing India's used car market? Explained here HT Auto Let's explore the trends and future scope of the Indian used car market as per CARS24 and Team BHP's latest category report, Gears of Growth. The COVID-19 pandemic had a minimal impact on the industry.
Used Car Market Trends 2025 Tonye Noreen from elenabkarrie.pages.dev
The India used car market size reached USD 36.0 Billion in 2024 The market's Compound Annual Growth Rate (CAGR) of 15.10% from 2019 to 2024 indicates a strong upward trajectory
Used Car Market Trends 2025 Tonye Noreen
Along with this, the market is estimated to grow at a CAGR of around 14.87% during the forecast period, i.e., 2025-30. The growth is mainly due to the rising internet penetration, which makes information on used cars easily available. The India used car market is segmented by vehicle type into hatchbacks, sedans.
Growth of Used Car Market In India Poonawalla Fincorp. The growth is mainly due to the rising internet penetration, which makes information on used cars easily available. The COVID-19 pandemic had a minimal impact on the industry.
India’s usedcar market valued at 23 billion in FY22 The Hindu BusinessLine. This expansion is fueled by increasing affordability compared to new cars, a wider variety of choices across vehicle types (hatchbacks, sedans, SUVs), and the. Base Year: 2024 Historical Years: 2019-2024 Forecast Years: 2025-2033 Market Growth Rate: 12.30% (2025-2033)