Used Car Market in India
01-Mar-2012 | News-Press Release
India represents one of the world’s largest car markets. Easy availability of  finance, and rising income levels are encouraging the launch of new car models  which have been leading to a stupendous growth of the industry for the past few  years. Besides, the entry of various international players has also had a  positive impact on the used car market. Thus, the demand for used cars is  anticipated to continue to grow at a stupendous rate in the future, according to  our latest report, “Used Car Market in India”.
  
  According to the latest study on the sector, the Indian used car industry  possesses a significant potential, with overall market expected to grow at a  CAGR of around 22% during 2011-2014 to reach 3.9 Million Units by 2014-end. The  report discusses those factors in detail which will drive the used car market’s  growth during the forecast period.  http://www.bharatbook.com/market-research-reports/transportation-market-research-report/used-car-market-in-india.html
  
  Our research highlights that the organized sector has been offering certified  used vehicles at competitive rates, along with finance and insurance options,  warranties and service guarantees, and the tide is expected to gradually turn  into the favor of this sector. As the demand for pre-owned vehicles continues to  outstrip the supply, Original Equipment Manufacturers (OEMs) have been  witnessing a huge opportunity in the business. However, the current encouraging  trend is likely to attract more companies into this fast-growing business. market research reports
  
  The report covers various aspects of the Indian used car market. It presents a  detailed analysis of the market, in terms of segments. While the small car  segment has been growing phenomenally, other segments also show a significant  potential. Each section in the report provides a brief explanation of the  current and future market trends, and developments in the Indian used car  market. Our research foresees immense opportunities for various domestic and  international players, like Maruti True Value, Mahindra First Choice, Hyundai  Advantage etc.
  
  Our report, “Used Car Market in India” comprehensively analyzed the emerging  trends, like online portal and the growing demand for used luxury cars. The  online portals are gaining popularity as customers can comfortably choose a car  according to their requirements on a single click. The report also evaluates  various strategies which will boost the used car market’s growth in India. This  will provide cutting-edge market intelligence to the clients, and help them make  sound investment decisions.
  
  List of Figures:
  Figure 3-1: Used Car Sales (Million Units), 2010-2014
  Figure 3-2: Small Car Sales in Used Car Category (‘000 Units), 2010-2014
  Figure 3-3: Mid-size Car Sales in Used Car Category (‘000 Units), 2010-2014
  Figure 3-4: Luxury Car Sales in Used Car Category (‘000 Units), 2010-2014
  Figure 3-5: Share of Organized and Unorganized Market in Used Car Sales (2010)
  Figure 3-6: Forecast for Share of Organized and Unorganized Market in Used Car  Sales (2014)
  Figure 4-1: Per Head Disposable Income (US$), 2010-2014
  
  For more information kindly visit : 
  Used Car Market in India
  
  Or
  
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