67% of car buyers in India are first-time owners: Report
System User, Published on Sep 19th, 2024
A recent report by Spinny revealed that during the June-August 2024 period, 67% of car buyers in India were first-time buyers, with 30% being women. The report added that 83% of buyers preferred petrol cars. Car financing increased by 60%, and 82% of customers opted for hub deliveries. The used luxury car market also saw growth, led by Delhi.
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