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“At 440 million, millennials comprise over a third of India’s citizenry and about bisected of the absolute alive citizenry and are amenable for active the burning adventure which is reflected in the pre-owned cars market,” says Kataria.
The abstraction shows that pre-owned cars are the arch best for aboriginal and additional time car owners and 49% of millennials who purchased a pre-owned car during the aftermost one year were aboriginal time car owners.
What affairs to this articulation is the array on action for the amount they are accommodating to pay. “A acceptable 27% say availability of choices amid brands is important to them, compared to alone 15% of non-millennial buyers,” says Kataria.
“Also, this articulation is accommodating to cede affordability for best – 38% of millennials compared to 51% of non-millennials cited this as their primary acumen for affairs pre-owned cars online,” he says.
The abstraction has begin that millennials adopted to buy acclimated sedans and hatchbacks rather than buy new access akin baby cars. As abounding as 74% of all pre-owned cars bought online by millennials are sedans and hatchbacks, compared to two-thirds (66%) for non-millennials.
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