21 Jun, 2024

Kwid, Baleno, i10 top used car choices for women in March: Report

  • According to a used car sales report shared by pre-owned vehicle platform Spinny, women bought nearly half of all the models sold in March.
Kwid Baleno i10
Hatchbacks like Hyundai i10, Maruti Baleno and Renault Kwid remain a strong favorite among women buyers in India in the used car segment, according to a report by India’s pre-owned vehicle platform Spinny.

The used car segment in India continues to be dominated by SUVs and hatchbacks. Spinny, one of India’s pre-owned vehicle platforms, has released a report which shows how hatchbacks are more popular among women buyers. The report says that nearly 46 per cent of overall used car buyers in India in March were women. Most of these used car buyers are from urban centers like Delhi, Mumbai and Bengaluru.

According to the report shared by Spinny, hatchbacks like Renault Kwid, Maruti Suzuki Baleno and Hyundai Grand i10 Nios were among the top choices for women buyers in March. The report says that these models were particularly popular among buyers aged between 30 and 40 years.

The report also said that Delhi tops the list of cities with most women buyers in

1 min read

Used car market on ‘firm footing’ despite drastic price falls in final months of 2023 – Car Dealer Magazine

Auto Trader says the used car market is on a ‘firm footing’ heading into 2024, despite a difficult end to the previous year.

The firm’s monthly Retail Price Index has found that used car prices fell 5.6% year-on-year in December to £17,064.

That result was also slightly down on November’s figure of £17,319 but experts insist there are reasons for used car dealers to be positive.

Advert

The firm’s analysts found that consumer demand on the platform remained robust throughout December, up 11.7% on December 2022 – the strongest pace of growth since July.

Overall used car transactions also increased by 4% in the final month of the year, leading Auto Trader to increase its Market Health metric from 6% in November to 10.6% in December.

The early signs in January have suggested more good news, with the number of visits to the site up nearly 4% during the first week of 2024.

Advert

That follows a total of over 67m cross platform visits in December – a year-on-year rise of 10.2%.

Elsewhere, used cars continued to sell quickly, taking an average of just 36 days in December.

The figures come after Car Dealer reported last week that AA Cars had found

1 min read