Strong preference for renowned brands such as Maruti, Hyundai and Tata
Bengaluru, Delhi-NCR, and Hyderabad emerged as the top cities driving demand for used cars in Q1 CY24, according to Spinny, India’s full-stack used car marketplace based out of Gurugram and Delhi.
Spinny https://www.spinny.com/ said on 28 May 2024 that its customers exhibited a clear preference for manual transmissions, constituting 70% of purchases, while automatic cars made up the remaining 30%.
Notably, demand for automatic transmission vehicles, especially in the market for used cars in Delhi and second-hand cars in Bangalore, has surged by 10% compared to last year, highlighting a significant shift towards a more convenient driving experience.
Amidst a diverse array of choices, Spinny customers have exhibited the strong preference for renowned brands such as Maruti http://marutisuzuki.com , Hyundai http://hyundai.com and Tata http://tatamotors.com . Compact SUVs keep growing with Ford EcoSport http://ford.com , Hyundai Creta, and Tata Nexon have emerged as top picks with colors such as white, grey, and red capturing the attention of discerning clientele.
In addition to the SUV trend, Spinny’s data reveals a significant shift in consumer preferences towards hatchbacks, with models like the Renault Kwid http://renaultgroup.com , Hyundai Grand i10, and Maruti Suzuki Wagon R leading the charts.
The pre-owned luxury car segment also saw growth in Tier 2 and Tier 3 cities. Brands like BMW X1 http://bmwgroup.com , Jeep Compass, and Mercedes-Benz C-Class http://mbusa.com have gained popularity, enjoying the growing appetite for luxury vehicles in these regions.
Commenting on the rise, Niraj Singh, Founder & CEO of Spinny, stated, “Our commitment to delivering a simple and delightful car-buying and selling experience remains unwavering https://attentionindia.com/ .
“The surge reflects a significant shift in consumer preferences towards versatile and spacious vehicles. We are meeting our customers’ evolving needs by providing a wide array of high-quality cars.
“Our dedication to transparency, convenience, and unparalleled customer service ensures a seamless and satisfying car-buying and selling experience for every individual.” Fiinews.com
