Market ratio of pre-owned to new car in India FY 2016-2027
the pre-owned car market stood at 4.4 million units. 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.
The pre-owned to new car market ratio was expected to be around 1.9 times across India in fiscal year 2027. In fiscal year 2022,