Ad

Ad

Why People are interested to buy used luxury cars?

By
Mohit Kumar
Mohit Kumar
|Updated on:08-Feb-2023 04:25 PM

Share via:


Follow Us:

google-news-follow-icon
noOfViews-icon

2,489 Views



ByMohit Kumar

Updated on:08-Feb-2023 04:25 PM

noOfViews-icon

2,489 Views

share-icon

Follow Us:

google-news-follow-icon

Are you also looking to buy a used luxury car? or thinking about why people choose second-hand luxury cars?

Why People are interested to buy used luxury cars?

According to the reports of Spinny (a used car platform), the market in India is growing annually at a rate of 20%. We can see that people are now getting more interested in used luxury cars.

Spinny has said that the market is becoming more stable and organised each year. It led to an average of up to 60,000 units of sales each year.

Last year The Company has also introduced “Spinny max” which is a luxury car division. Also in the report, they mentioned a few luxury brands that sold the most: Brands like BMW, Mercedes, and Audi. There are a few other brands on the list: Jaguar, Volvo and Land Rover.

The most preferred models of these brands are Audi Q3, Mercedes Benz C class and BMW 3 Series. The CEO and Founder of Spinny “ Niraj Singh” have seen growth in sales of used luxury car brands.

Due to the rise in the average disposable income of working professionals, they are gravitating towards luxury cars. It's not a lie that all of us want to own luxury to take the feel of it. But it's not easy to afford one and most of us struggle to buy a brand-new luxury car.

So many people tend towards buying a used luxury car, the problem comes with the maintenance and the overall age of second-hand cars. That's why some companies focus on providing quality and fine used luxury cars that can satisfy all customer's needs.

The demands are coming from tier 1 cities and also from tier 2 and tier 3 cities. Moreover, cities like Delhi, Gurugram, Mumbai and Bangalore have more used luxury car buyers compared to other cities.

What does Spinny do?

The new and innovative way to buy and sell used automobiles online, Spinny, brings openness and honesty to the used car market. Eliminating pointless fees, minimising paperwork, and getting rid of all difficulties replace the laborious process of buying and selling cars.

They claim that fewer than 2% of young Indians had a positive used automobile buying experience. They want the nation to accept their approach, share their convictions, and appreciate old automobiles. They hope to help a billion dreams come true in this way.

Every vehicle on the Spinny platform, according to Niraj Singh, includes a 200-point inspection checklist, a five-day, no-questions-asked money-back guarantee, and a one-year after-sales warranty. Spinny's full stack model handles the car's upkeep, including service, waxing, and washing.


Follow Us:

whatsapp-follow-icon
instagram-follow-icon
youtube-follow-icon
google-news-follow-icon

More News

Rolls-Royce Spectre Black Badge Launched in India at INR 9.50 Crore

Rolls-Royce Spectre Black Badge Launched in India at INR 9.50 Crore

Rolls-Royce launches the Spectre Black Badge in India at ₹9.50 crore, making it the most powerful production EV from the brand.

23-Jun-2025 07:29 AM

Read Full News
Rolls-Royce Spectre Black Badge Launched in India at INR 9.50 Crore

Rolls-Royce Spectre Black Badge Launched in India at INR 9.50 Crore

Rolls-Royce launches the Spectre Black Badge in India at ₹9.50 crore, making it the most powerful production EV from the brand.

23-Jun-2025 07:29 AM

Read Full News
BYD Atto 3 Crosses 1 Million Global Sales Milestone

BYD Atto 3 Crosses 1 Million Global Sales Milestone

BYD Atto 3 achieves over 10 lakh global sales in less than 4 years. The 2025 model year brings updates like ventilated seats and improved battery tech to India.

23-Jun-2025 03:35 AM

Read Full News
BYD Atto 3 Crosses 1 Million Global Sales Milestone

BYD Atto 3 Crosses 1 Million Global Sales Milestone

BYD Atto 3 achieves over 10 lakh global sales in less than 4 years. The 2025 model year brings updates like ventilated seats and improved battery tech to India.

23-Jun-2025 03:35 AM

Read Full News
Bajaj Offers ₹5,000 Discount on Freedom 125 Drum Variant to Boost Sales

Bajaj Offers ₹5,000 Discount on Freedom 125 Drum Variant to Boost Sales

Bajaj Auto slashes ₹5,000 off the base variant of the Freedom 125 CNG motorcycle, now priced at ₹85,976. The move aims to boost sales amid slowing demand in the commuter segment.

21-Jun-2025 07:11 AM

Read Full News
Bajaj Offers ₹5,000 Discount on Freedom 125 Drum Variant to Boost Sales

Bajaj Offers ₹5,000 Discount on Freedom 125 Drum Variant to Boost Sales

Bajaj Auto slashes ₹5,000 off the base variant of the Freedom 125 CNG motorcycle, now priced at ₹85,976. The move aims to boost sales amid slowing demand in the commuter segment.

21-Jun-2025 07:11 AM

Read Full News
Honda City Sport Launched at ₹14.88 Lakh: A Stylish Twist on the Iconic Sedan

Honda City Sport Launched at ₹14.88 Lakh: A Stylish Twist on the Iconic Sedan

Honda Cars India has introduced the limited-edition City Sport at ₹14.88 lakh, featuring sporty cosmetic upgrades, a premium black-red interior, Honda Sensing ADAS tech and more.

21-Jun-2025 03:53 AM

Read Full News
Honda City Sport Launched at ₹14.88 Lakh: A Stylish Twist on the Iconic Sedan

Honda City Sport Launched at ₹14.88 Lakh: A Stylish Twist on the Iconic Sedan

Honda Cars India has introduced the limited-edition City Sport at ₹14.88 lakh, featuring sporty cosmetic upgrades, a premium black-red interior, Honda Sensing ADAS tech and more.

21-Jun-2025 03:53 AM

Read Full News
KTM Restructuring Plan Approved by Austrian Court & New Operational Phase Begins

KTM Restructuring Plan Approved by Austrian Court & New Operational Phase Begins

KTM has received court approval for its restructuring plan, paving the way for a 30% creditor payout and a revamped manufacturing strategy under Pierer Mobility Group.

19-Jun-2025 07:31 AM

Read Full News
KTM Restructuring Plan Approved by Austrian Court & New Operational Phase Begins

KTM Restructuring Plan Approved by Austrian Court & New Operational Phase Begins

KTM has received court approval for its restructuring plan, paving the way for a 30% creditor payout and a revamped manufacturing strategy under Pierer Mobility Group.

19-Jun-2025 07:31 AM

Read Full News
Hero MotoCorp to Launch VIDA VX2 Electric Scooter on July 1, 2025

Hero MotoCorp to Launch VIDA VX2 Electric Scooter on July 1, 2025

Hero MotoCorp will launch the VIDA VX2 electric scooter on July 1, 2025. Positioned below the Vida V2 lineup, the VX2 debuts a Battery-as-a-Service (BaaS) model.

19-Jun-2025 03:48 AM

Read Full News
Hero MotoCorp to Launch VIDA VX2 Electric Scooter on July 1, 2025

Hero MotoCorp to Launch VIDA VX2 Electric Scooter on July 1, 2025

Hero MotoCorp will launch the VIDA VX2 electric scooter on July 1, 2025. Positioned below the Vida V2 lineup, the VX2 debuts a Battery-as-a-Service (BaaS) model.

19-Jun-2025 03:48 AM

Read Full News

Ad

Ad

Explore Other Cars Brands

Cars In India

Tata Harrier EV

Tata Harrier EV

₹ 21.49 - 27.05 Lakh

Volkswagen Golf GTI

Volkswagen Golf GTI

₹ 53.00 Lakh

Kia Carens Clavis

Kia Carens Clavis

₹ 11.50 - 21.50 Lakh

Tata Altroz

Tata Altroz

₹ 6.89 - 11.49 Lakh

Hyundai Stargazer

Hyundai Stargazer

₹ 9.60 - 17.00 Lakh

Mahindra XEV 7e

Mahindra XEV 7e

₹ 21.00 - 30.00 Lakh

MG Cyberster

MG Cyberster

₹ 60.00 - 70.00 Lakh

BMW M3 Facelift

BMW M3 Facelift

₹ 1.47 Cr

Ad

Ad

Ad