Second Hand Car & Bike: Demand for old vehicles is also increasing rapidly in the Indian market, according to a research, the second-hand vehicle business in the country has grown significantly in the last few years. Now a recent report is claiming that the demand for Maruti Dzire and Bajaj Pulsar is the highest demand in the segment of bikes in the country’s used car market.
In fact, Droom, a company known for buying and selling old vehicles, has stated this in its annual automobile industry trading report. In this report, it has been claimed that Maruti Suzuki’s compact sedan car Maruti Dzire has got the most buyers in the used car market. At the same time, Bajaj Pulsar has become the first choice of customers in terms of bikes.
According to this report, the average price for used or used cars has been Rs 8,38,827 and for bikes the average price has been Rs 47,869. In addition, most of the old vehicles sold have been 67 to 77 months old. Let me tell you, this report has been prepared on the basis of vehicles sold in the year 2020.
More demand for diesel cars: It has also been told in the report that among the older vehicles sold, the demand for diesel cars has been highest. Accordingly, 34 percent petrol vehicles, 65 percent diesel vehicles and just 1 percent CNG vehicles have been sold. Apart from this, customers have opted for cars with the highest 65 percent automatic transmission. Apart from this, 35 percent people have bought manual transmission cars.
More demand for these colors: According to this report, buyers of older vehicles have opted for white, silver and gray color vehicles. About 49 percent people bought white cars, 16 percent bought silver cars and 10 percent bought gray colored vehicles. It is clear from this that the demand for bright and contrast colors like black, red, blue etc. is less in the second hand car market.
In this report of Droom, it has also been told that in the second hand market, the maximum home brand ie vehicles of domestic companies have been sold. According to the report, of the second-hand vehicles sold, 36 percent are from Indian brands, 22 percent from Japanese companies, 18 percent from German companies, and about 12 percent from South Korean companies.