Automotive and Transportation

Used Cars Market in India 2014-2018

  • TEC169643
  • 49 Pages
  • December 2014
  • Automotive and Transportation
Abstract
Used cars or pre-owned cars are witnessing increased demand from Indian consumers. The rise in purchasing power of consumers, rapid growth of economy and increased consumer demands are some of the reasons for such high demand. Earlier, consumers bought used cars only through their circle of friends and relatives. Later, small dealers started entering this market. Considering the growth prospects of this market and to cater to the demands of Indian consumers, some organized players have also started entering this market. Organized players have made the whole process of buying and selling a lot simpler, easier, and transparent.
TechNavio's analysts forecast the Used Cars market in India to grow at a CAGR of 23.46 percent over the period 2013-2018.
Covered in this Report
The Used Cars market in India can be segmented into two divisions: Unorganized Sector and Organized Sector. TechNavio's report, the Used Cars Market in India 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
Maruti True Value
Hyundai H PROMISE
Mahindra First Choice Wheels
Tata Motors Assured
Other Prominent Vendors

BMW Premium Selection
Chevrolet Certified
Das Welt Auto
Honda Auto Terrace
Ford Assured
Toyota U Trust


Market Driver
Availability of Loans
For a full, detailed list, view our report
Market Challenge
Consumer Perception
For a full, detailed list, view our report
Market Trend
Changing Consumer Needs
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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