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In FY2021-22 around 70 per cent of used cars purchase transactions happened using personal financing, while 30 per cent buyers took a used car loan. Whereas in FY2020-21, only 13 per cent buyers opted for a loan.
IBB Report 2022: Used Car Financing Becomes Increasingly Popular, But 70% Buyers Still Want To Pay Cash
Calender
Sep 14, 2022 07:34 PM
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In FY2021-22 around 70 per cent of used cars purchase transactions happened using personal financing, while 30 per cent buyers took a used car loan. Whereas in FY2020-21, only 13 per cent buyers opted for a loan.
IBB Report 2022: Top 10 Used Cars Purchased In FY2021-22
IBB Report 2022: Top 10 Used Cars Purchased In FY2021-22
calender
Sep 13, 2022 12:00 AM
In FY 2021-22 about 4.4 million used vehicles were sold in the country, and here are the Top 10 used car models that Indian car buyers preferred in FY2022.
Exclusive: Leasing And Subscription Could Be The Next Big Push For Used Car Sales, Says MFCWL CEO
Exclusive: Leasing And Subscription Could Be The Next Big Push For Used Car Sales, Says MFCWL CEO
calender
Sep 12, 2022 09:56 PM
In an exclusive interaction with carandbike, Ashutosh Pandey, CEO - Mahindra First Choice Wheels Limited highlighted about how leasing and subscription sales models could be the next big push for used car sales in the country.
Issues Plaguing The Used Car Market In India – IBB Report 2022
Issues Plaguing The Used Car Market In India – IBB Report 2022
calender
Sep 12, 2022 09:43 PM
While the used car market in India witnessing a purple patch and is set for significant growth, there are a few issues that are plaguing the market in India. We take a look at the issues plaguing the used car market in India.
Exclusive: Used Car Market In India To Surpass 8 Million Unit Sales By FY2027
Exclusive: Used Car Market In India To Surpass 8 Million Unit Sales By FY2027
calender
Sep 12, 2022 06:07 PM
The 2022 Indian Blue Book Report says that sales of used cars in India will surpass 8 million units by FY2027. The total used car sales in India in FY2021-22 was 4.4 million units.
Exclusive: 15 Per Cent Of Used Car Buyers Are Women, Says IBB Report FY2021-22
Exclusive: 15 Per Cent Of Used Car Buyers Are Women, Says IBB Report FY2021-22
calender
Sep 12, 2022 05:45 PM
The 2021-22 Indian Blue Book (IBB) Report revealed that women purchased about 15 per cent of all used cars and influenced over 77 per cent of all used car sales. However, there still needs to be a lot done for addressing women buyers at dealerships.
Buying A Used Tata Nexon EV?: 5 Things You Need To Know
Buying A Used Tata Nexon EV?: 5 Things You Need To Know
calender
Sep 10, 2022 03:00 AM
Wondering whether you should bring a used Tata Nexon EV home? Here are five things to know before you decide.
Buying A Used Jawa Perak: Pros And Cons
Buying A Used Jawa Perak: Pros And Cons
calender
Sep 8, 2022 06:10 PM
The Jawa Perak is the most affordable bobber-styled motorcycle on sale in the country and no doubt it is a great looking machine, but what about the pros and cons of buying a used model. We list out all the things you need to keep in mind while buying a used model of the Jawa Perak.
CNG Retrofitting: Challenges Explained
CNG Retrofitting: Challenges Explained
calender
Sep 7, 2022 09:58 PM
Are you planning to switch your car to CNG? We explain the challenges that may come with switching to CNG.