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.
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