Market ratio of pre-owned to new car in India FY 2016-2027

Published by
Shangliao Sun,
Sep 6, 2023
The pre-owned to new car market ratio was expected to be around 1.9 times across India in fiscal year 2027. In fiscal year 2022, the pre-owned car market stood at 4.4 million units. The pre-owned car market grew continuously over the observed time frame. This segment was bifurcated among organized, semi-organized, unorganized, and customer-to-customer category.

Market ratio of pre-owned to new car across India from financial year 2016 to 2022, with estimate of 2027

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Release date

September 2022

Region

India

Survey time period

FY 2016 to FY 2022

Special properties

*estimate

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

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