Business Standard

BMW, Audi and Mercedes most preferred luxury car brands among young Indians

India's used-luxury-car market is growing 20% annually, with sales volume averaging more than 60,000 units a year, according to Spinny

Luxury carmakers likely to see faster electric vehicle transition
Premium

Representative Image

BS Web Team New Delhi
On the back of higher incomes, Indians in the age group of 30-40 years are preferring to buy luxury cars, a report by used car retail platform Spinny said. BMW, Audi, and Mercedes are their most preferred brands. India's used-luxury-car market is growing 20 per cent annually, with sales volume averaging more than 60,000 units a year.

In terms of car models, Audi Q3, Mercedes-Benz C-Class and BMW 3 series were the top favourites among consumers. The data for the report has been taken from Spinny Max, the company's new luxury car platform. 

"We realised that with the rise in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in