Rise in Demand for Off-Lease Vehicle Expected to Drive India Pre Owned Premium Car Market over the Forecast Period: Ken Research A pre-owned vehicle is a vehicle which has one or more retail owners. It is also known as used car or secondhand cars. It is sold through various outlets such as rental car companies, franchise & independent car dealers, leasing offices, buy here pay here dealerships, auctions, and private party sales. Some car retailers provides… Read More »
Increasing Trends In The India Pre Owned Premium Car Market Outlook: Ken Research The premium used car market in India is on the continuous increase dominating the robust growth in the last few years. The foremost cause for this double digit growth has been enlargement of the fresh car sales, inauguration of the fresh models/variants/colors/personalization, decrease in the average ticket size, establishment of the fresh sales channels and… Read More »
India Pre Owned Premium Car Market Research Report and Future Outlook: Ken Research How is the India Pre Owned Premium Car Market positioned? Market Growth: The market registered a CAGR of ~ % and ~ % on the basis of GTV & volume respectively during 2013-2018. This has been due to expansion of new car sales, launch of new models customizations, decline in average ticket size, introduction of… Read More »
Expansion of Dealerships into Non Metro cities and Declining Ownership Period for Used Luxury Cars has increased Sales for Pre-Owned Premium Cars: Ken Research “Improving Lifestyle, Perception of Premium Car as Social Status, Rising number of HNIs Launch of New Models and Variants and Higher Demand for New Premium Cars has Positively Driven the Market”. Analysts at Ken Research in their latest publication “India Pre Owned Premium Car Market Outlook to 2023 – Growth Propelled by Traction from Digital… Read More »
India Pre Owned Premium Car Market Outlook to 2023: Ken Research The report titled “India Pre Owned Premium Car Market Outlook to 2023 – Growth Propelled by Traction from Digital Platforms, Surge in Certified Dealership, Decline in Average Car Price and Faster Launch of New Models” provides a comprehensive analysis of the Used Premium brands car market in India. The report also covers the overview of… Read More »