Likely budget for buying next car in India 2021
India's pre-owned car market stood at 4.2 million units, bigger than the new car market. The pre-owned car market grew continuously over the observed time frame. This segment was bifurcated among organized, semi-organized, unorganized, and customer-to-customer category.
Around 60 percent of respondents had a budget less than 800 thousand Indian rupees for purchasing their next car in India according to a survey conducted in February 2021. In fiscal year 2020,