Rise of Indian used car market; set to exceed 10 mn units by FY28 – ET Auto
Baua Electric
MAY 24, 2024
Gupta recalled that in 2016-17, the penetration of finance was hardly 7%. Mahindra FirstChoice enables used car sales through inspections before it goes for financing. Over the past few years, Mahindra FirstChoice has rebranded its physical retail stores as car&bike. So that is driving the selling price in the market.
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