 CarArth Releases Industry Whitepaper Examining India's Used-Car Market Through 2030By: Aaro7 Fintech Private Limited The report analyses publicly available industry data covering FY2020-21 to FY2024-25 and compares trends in India's used-car market with mature automotive markets such as the United States and the United Kingdom. According to the study, India recorded an estimated 5.9 million used-car transactions in FY2024-25 against 4.30 million new passenger vehicle sales, representing approximately 1.37 used-car transactions for every new passenger vehicle sold. india-used-car- Rather than viewing the new and used vehicle markets as competing segments, the whitepaper argues that they function as complementary parts of the same ownership cycle, with healthy resale markets supporting future new-car demand. india-used-car- The report also identifies several structural factors expected to influence the sector's next phase of growth, including vehicle-history transparency, inspection standards, used-car finance, ownership-transfer efficiency, pricing transparency, and the emergence of the used electric vehicle market. india-used-car- "The conversation around India's used-car market often focuses on market size," said Kritarth Pattnaik, Founder and CEO of https://cararth.com/ The whitepaper is intended as a reference for automotive professionals, financial institutions, researchers, journalists, policymakers, dealerships and consumers seeking an evidence-based overview of India's secondary automotive market. The publication includes:
The report is based on publicly available secondary data from industry and institutional sources, including SIAM, Indian Blue Book, CRISIL Ratings, SMMT, NADA, Cox Automotive, CARS24 and Team-BHP, together with CarArth's independent analysis. india-used-car- End
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