India becomes 3rd largest market for selling used cars
Image Credit: shortpedia
The new car market in India has slowed down for various reason and more consumers are now showing interest in buying used cars and the used car market has outpaced the new car market with a huge margin of 4,00,000 vehicles. The small cars like Alto, Hyundai i10, WagonR are accounting for more than 60% of the volumes in the used car market. The used car market has become more organized and trusts inspiring in recent time.