| Used Car Market in India 2010 | | | | the market. |
| | | | | |
| Demand for used cars is rising with the middle | | | | An analysis of the drivers highlights growth factors |
| income group aspiring to own cars. This has lead | | | | such as growth of original equipment manufacturers |
| many OEMs to enter the used car market, giving it an | | | | (OEMs) in used car market, favourable demographics, |
| organized outlook. Many luxury car manufacturers are | | | | changing lifestyles and consumer preferences, easier |
| also entering the market while existing players in the | | | | availability of loans and online portals increasing |
| market are expanding their number of used car outlets. | | | | awareness among consumers. The key challenges |
| The middle income group aspiring to possess a car | | | | identified include the launch of less costly cars in new |
| along with the entry of OEM in used car market has | | | | car segment, limited choice and used car buyers |
| lead to a huge demand for used cars. ( ) | | | | incurring extra costs and hassle of checking various |
| | | | | documents. |
| The report begins with an insight into the sales of | | | | |
| used cars (in volumes) and its growth, comparison of | | | | Competition section provides a snapshot of the |
| ratio of used car sales to new cars in India and the | | | | players in the market including information regarding |
| rest of the world and the sales of new cars vs. old | | | | their launch, business highlights and financials, expansion |
| cars through the years. This is followed by a | | | | plans providing an idea of the existing competitive |
| description and the share of the various segments in | | | | scenario. |