Maruti, Hyundai lead used-car market; Renault Kwid among top three picks: Report

Renault Kwid is becoming a popular choice among used-car buyers in India as the model has secured its place among the top three preferred car models for the third consecutive quarter, as per Spinny’s quarterly report. The model is preferred by a substantial chunk of first-time car buyers , competing with much-desired models such as the Hyundai Grand i10 and Maruti Suzuki Wagon R. Besides that, Honda, after a brief absence, has made a return to the top three preferred car brands, now standing alongside Maruti Suzuki and Hyundai.

The re-entry is largely driven by the popularity of its models, particularly the Honda City and Amaze. Used-car sales: Compact SUV segment grows, petrol cars in demand The report also highlights a growing demand for compact SUVs , which have recorded a 12 percent growth in the last quarter. Fuel preferences remain consistent, with 83 percent of buyers opting for petrol cars, followed by 12 percent for diesel, and 5 percent choosing CNG.



Honda City long-term review: Still the best? | TOI Auto Used-car sales: MT still the king Interestingly, the demand for manual transmission cars has increased to 76 percent, up from 70 percent in the previous quarter, while automatic transmission vehicles have dropped to 24 percent. Women buyers now account for 30 percent of all purchases. The average age of car buyers remains 32, indicating a young and dynamic customer base.

The used luxury car market is also seeing substantial growth, particularly in urban regions like Delhi, Bengaluru, and Mumbai. Models like the BMW X1 and Audi A4 are gaining popularity among younger buyers, reflecting India’s growing interest in premium vehicles. The Jeep Compass has also joined the list of top luxury picks.

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