Used car sellers: i20, Nexon, Swift, Kwid among top choices – Times of India

Data released by used-car aggregator Spinny reveals that women buyers are a major driving force behind India’s growing pre-owned vehicles market. In the last one year, a growing number of women buyers have been registered from Tier 1 and Tier 2 cities. In the first half of 2022, the percentage of female buyers on the portal increased from 28 percent to 32 percent.

The data also revealed that most of the female buyers were in the age group of 30 to 40 years. Automatic and petrol, with preference to cars less than five years old. The figures also point to the fact that Indian women are now more financially independent and prefer private transport over public transport.

Urban cities such as Delhi NCR, Hyderabad and Bengaluru registered a significant increase in female buyers. Silver and red colors were recorded as the preferred colors among female buyers and while hatchbacks were the most popular choices, they were only ahead of SUVs which were most sought after by women. Overall according to statistics Hyundai i20, Tata NexonRenault Kwid, Maruti Baleno And in the used car segment, Swift was the most preferred car among women buyers. Neeraj Singh, CEO and Founder, Spinny, said, “With increasing inquiries, it is clear that women will never compromise on safety in transport to any home. Delays in delivery of new cars due to global semi-conductor chip shortages and supply chain issues are also behind the boost to India’s used-car industry.