Why People are interested to buy used luxury cars?

According to the reports of Spinny (a used car platform), the market in India is growing annually at a rate of 20%. We can see that people are now getting more interested in used luxury cars.

Spinny has said that the market is becoming more stable and organised each year. It led to an average of up to 60,000 units of sales each year.

Last year The Company has also introduced “Spinny max” which is a luxury car division. Also in the report, they mentioned a few luxury brands that sold the most: Brands like BMW, Mercedes, and Audi. There are a few other brands on the list: Jaguar, Volvo and Land Rover.

The most preferred models of these brands are Audi Q3, Mercedes Benz C class and BMW 3 Series. The CEO and Founder of Spinny “ Niraj Singh” have seen growth in sales of used luxury car brands.

Due to the rise in the average disposable income of working professionals, they are gravitating towards luxury cars. It's not a lie that all of us want to own luxury to take the feel of it. But it's not easy to afford one and most of us struggle to buy a brand-new luxury car.

So many people tend towards buying a used luxury car, the problem comes with the maintenance and the overall age of second-hand cars. That's why some companies focus on providing quality and fine used luxury cars that can satisfy all customer's needs.

The demands are coming from tier 1 cities and also from tier 2 and tier 3 cities. Moreover, cities like Delhi, Gurugram, Mumbai and Bangalore have more used luxury car buyers compared to other cities.

What does Spinny do?

The new and innovative way to buy and sell used automobiles online, Spinny, brings openness and honesty to the used car market. Eliminating pointless fees, minimising paperwork, and getting rid of all difficulties replace the laborious process of buying and selling cars.

They claim that fewer than 2% of young Indians had a positive used automobile buying experience. They want the nation to accept their approach, share their convictions, and appreciate old automobiles. They hope to help a billion dreams come true in this way.

Every vehicle on the Spinny platform, according to Niraj Singh, includes a 200-point inspection checklist, a five-day, no-questions-asked money-back guarantee, and a one-year after-sales warranty. Spinny's full stack model handles the car's upkeep, including service, waxing, and washing.