Used Cars Market in India 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast by Market Research Store

Deerfield Beach, FL -- (SBWire) -- 02/18/2016 --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.

Used Cars market in India to grow at a CAGR of 23.46% 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.

he 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.

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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

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Market Driver:
Availability of Loans
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Market Challenge:
Consumer Perception
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Market Trend:
Changing Consumer Needs
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