Used Car Market in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Used Car Market in India is Segmented by Vehicle Type (Hatchbacks, Sedans, and Sports Utility Vehicles), Vendor Type (Organized and Unorganized), and Fuel Type (Petrol and Diesel). The Report Offers the Market Sizes and Forecast in Value (USD Billion) for all the Above Segments.

Used Car Market in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

India Used Car Industry Overview

Due to their business models and increased number of pre-owned car retail outlets, significant players hold the largest market share in India's used car market. OLX, Mahindra First Choice Wheels, CARS24, Maruti True Value, and Hyundai H Promise are among the major players. To maintain their market position, these companies are pursuing a variety of growth strategies. For instance,

  • In August 2021, Audi India announced its plan to expand Audi Approved Plus showrooms from 7 to 14 by the end of 2021, which will back up pre-owned sales, along with the 40-plus workshops countrywide

India Used Car Market Leaders

  1. Cars24

  2. Maruti True Value

  3. Mahindra First Choice Wheels

  4. OLX

  5. Hyundai H Promise

  6. *Disclaimer: Major Players sorted in no particular order
India Used Car Market Concentration

Used Car Market In India Report Snapshots

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