Millennials are leading the charge when it comes to buying pre-owned vehicles in the country, according to research report by online used car brand CARS24.
The company has collaborated with leading research firm IPSOS to come out with the report which focuses on the used car buyer trends and top category drivers.
The study highlights the most-compelling consumer trends and statistics with respect to the Indian used car industry.
Young buyers, who account for 80 per cent of buyers' base, are helping feed the growing field of app and web-based channels, the report stated.
The rise in new-vehicle prices and lifestyle changes due to
Disclaimer: No Business Standard Journalist was involved in creation of this content