The acclimated car bazaar in India is beyond than the new car market. In the year 2017-18, a absolute of 3.28 actor commuter vehicles, which includes hatchbacks, sedans and SUVs, were awash in India. The acclimated car industry’s aggregate was 3.8 actor units over the aforementioned period, according to OLX estimates. Acclimated cars accept some bright advantages over a new car. For instance, new cars lose 30% of their amount as you drive out of the showroom.
However, there are assertive brands and models that back bigger amount in the acclimated car market. According to OLX assay of advertisement of cars amid January and April 2018, the boilerplate amount of a four-year-old acclimated car, which has completed 65,000km, is ₹ 4.1 lakh. The amount assorted depending on the articulation of the car. Moreover, while the buyers are appropriately disconnected amid busline and non-metro cities, 65% of the sellers are from metros. This agency that bodies in abate towns are affairs acclimated cars from busline cities.
Here are segment-wise capacity of accepted acclimated cars in the market.
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