Hyundai Elite i20, Grand i10 and Maruti Suzuki Baleno are the most popular second-hand cars

Jul 13, 2022

By: BI India Bureau

Nearly 60 percent of buyers bought a car for the first time

Three in five buyers on the used car marketplace Spinny were first time buyers. The majority of these buyers were between 30 and 40 years old in the April-June quarter.

Credit: BCCL

Maruti, Hyundai and Honda were among favorite brands

Maruti, Hyundai, and Honda — are the three most in-demand car brands among Spinny’s buyers. Hatchbacks are the most popular model type, followed by sedans and SUVs.

Credit: BCCL

Baleno was among preferred model

Three of the most preferred car models are the Hyundai elite i20, Grand i10 and Maruti Suzuki Baleno.

Credit: BCCL

People opted for classic colours

White, gray, and silver — in this order — were the most popular colours among Spinny buyers.

Credit: Canva

Spinny sell luxury cars too

Spinny had recently launched its luxury segment, Spinny Max, with over 500 cars and delivery service across 250 cities.

Credit: Canva

Luxury cars were popular in metros

In the second quarter of 2022, Spinny Max premium cars were dominated by brands like Mercedes, Audi and BMW. Majority of the buyers were 31 to 45 years old, and based out of a metropolitan city.

Credit: Canva

Mercedes C Class was quite popular

Mercedes C class, BMW 3 series and Audi Q3 were some of the preferred models. In this case too, white, gray, and silver — in this order —were the most popular choices.

Credit: Canva

Customers do trust pre-owned cars

“With our focus on the pillars of Spinny Assured® designed to include quality, standardization and the greatest degree of customer-centricity, people have come to trust a pre-owned car company and have helped us drive life-long relationships with car buyers,” said Niraj Singh, founder and CEO of Spinny.

Credit: Canva

Men bought more cars

One in three buyers on the Spinny platform was a woman, while the remaining two were men.

Credit: Canva

Online payment were not so far behind

Nearly two out of five purchases were paid for through online transactions, Spinny’s latest report has revealed.

Credit: Canva

80 percent buyers opted for home delivery

Four in five purchased cars were delivered to the customer's doorstep, Spinny noted. Spinny has 36 car hubs and is operational in 22 cities — including Delhi, Gurugram, Noida, Bangalore, Mumbai, Pune and Hyderabad.

Credit: Canva

As AI takes hold of your smartphone, the end of the app era could be in sight