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Ibb Latest News

Post COVID-19 there is a strong affinity towards personal mobility and a major chunk of consumers are buying used cars. The 2022 IBB report addresses some of defining factors involved in purchasing a used car in India.
IBB Report 2022: Key Factors Used Car Buyer Considers When Purchasing A Vehicle
Today’s used car buyer is looking for more than a well-functioning car with decent mileage on it. They also want value added services like warranties, financial assistance, digital purchase experience and more.
IBB Report 2022: 7 Things Indian Used Car Buyers Want When It Comes To Services
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
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.
IBB Report 2022: Top 10 Used Cars Purchased In FY2021-22
The IBB report highlights the fact that while there are several business themes at work globally, at least three are linked with the majority of the organised used vehicle platforms in India.
IBB Report 2022: Three Major Evolving Trends In India's Used Car Market
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