The used car markets in India are getting voluminous with time. People want comfort in their daily commute, but expenses related to new cars sometimes come as a hindrance. Just to fill the gap between your wish and budget, the used car market comes to the rescue. That is the reason the number of second-hand cars is increasing each year. In FY 2019, it was a $24.24 billion market. In the forecast year 2020-25, the projected CAGR is 15.12%. If you have made up your mind to buy used cars then it is a great decision. Compared to new cars, used cars involve lesser paperwork, lesser car depreciation, save on insurance cost and road tax, also save a lot of money. It is a huge decision for many households to choose which vehicle to purchase. Families can find great used cars at affordable prices on sites like Grays.
List Of Used Cars Witnessing High Demand In India:
It is an entry-level hatchbacks family car that rides high on tested reliability of more than 20 years. Its fame and popularity can be seen from the fact that this car has a huge demand in the new as well as the used car market. The car gives maximum value to the owners including a petrol-engine, a highly spacious cabin, and a great ownership experience. You can receive even a 5-year old Maruti WagonR in a good condition for 2 lakhs.
Maruti Suzuki Swift
It is one of the highest-selling hatchbacks that is a desirable car in the second-hand cars market. This car is popular for the worry-free engine and undented performance and all generations of this car have a massive fan-following in the used car market. This car gets responsive and frugal engine options, which can give you better fuel mileage and good performance for a long time. It is available in automatic and manual transmissions. On average, you can receive a 2011 model car at Rs. 3.25 lakhs.
Hyundai Elite i20
If you are searching for a premium hatchback in the category like used cars in Gurgaon, Delhi, Mumbai, Chennai or anywhere else, and you are not on a tight budget, this is the car for you. It is one of the highly valuable hatchbacks. The car offers many engine choices, and it has a long list of safety features including built quality and high fuel economy. Both engines-diesel and petrol are receptive and peppy. The top model can be purchased at Rs. 5.50 lakhs.
Innova is a reliable car of Toyota brand. This car is on this list because of the low maintenance cost, highly responsive engines, premium comfort, and great mileage. This car has high-demand and it is a hot favourite among the big families for its consistency.
It is the most preferred sedan for Indian consumers. It ranks top of the list of sedan cars. The car meets the needs of people who are looking for a mix of sporty cars and corporate styling. It is a reliable car and with the brand name of Honda, this sedan has managed to keep the sales record of age-old cars very high.
Maruti Suzuki Alto
This car is on this list because it is the most affordable hatchback. The demand for this car is constant though there have been many new cars in this segment because of the low maintenance cost and resale value. People who are on a budget prefer second hand cars in Gurgaon, Mumbai, Kolkata, and any other places, because they come cheaper.
This car is known for its elaborate features and stunning looks. It is a preferred used diesel car and one of the highly researched used cars. Hyundai Verna provides stability and offers premium comfort features. From tech features for smart driving to powerful machinery, you get to enjoy the thrill of living in the fast lane.
The above-mentioned are the most trending used cars in the market. From sedan, hatchback to SUVs, auto-consumers have plenty of options to choose from. And, if you are running on a tight budget, you will be delighted to know that you can get top-notch options at affordable prices from the online automobile marketplaces like Droom. The company offers 360-degree solutions to bring reliable second hand cars which include many tools to generate a Fair market value, car inspection services to determine the true condition of the car, credit services and much more for the benefit of the buyers. So, get going to own your favorite car!