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Above is The Strategy Story Analysis and Research on Pre-Owned cars in India.

Swipe the slides to read the entire report but here is the summary

  • Considering macroeconomic factors such as financing options and improved infrastructure & built-in vehicle quality, a huge market is available in India & China for used car trading.
  • Post COVID-19, the ratio of used Vs new car is expected to increase because of impacted income and high uncertainties around COVID-19
  • Along with financial penetration, the rate of interest differential for pre-owned Vs new cars is high.
  • The key is to create a critical mass effect for both sellers & buyers by connecting semi-organized dealers/buyers to organized aggregators.
  • Demand is greater than Supply for vehicles aged below than 5 years.
  • Certain Customer, Market and Operational risks are still there that need to be mitigated.

Abhinav Garg
Author

A techno-commercial professional with over 10 years of experience and in the pursuit of creating value for the organizations and society. Abhinav has improved bottom and top line of the clients and organizations while working in the product strategy, product development, operations & Supply chain.

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