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Rise of Indian used car market; set to exceed 10 mn units by FY28, ET Auto

Fuelled by a burgeoning middle class with rising disposable income, a growing desire for personal mobility and shorter vehicle replacement cycles, the used car market is steadily growing. Moreover, In India, buying a pre-owned vehicle is no longer considered a ‘compromise’. ....

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India's Pre-Owned Car Market Set To Reach 10.92 Million Units By FY2028: IBB Report 2023

The latest study by India Blue Book suggests India's used car market is expected to be valued at over USD 70 billion by FY 2028. ....

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