marketreports

  On OLX India, each refurbished car listing on an average gets more than 1000 views, and almost 65% of cars finds a buyer within the first week, with 15,000 cars listed for sale per day. Average lifespan of vehicles are increasing due to advanced engineering and has reached an average of 13-17 years in 2019 from 11.4 years calculated in 2014. With additional tenure added to the performing automotive, the scope of renewed application also increases. Owing to such developments, the used car sales market has evolved from an unorganized trade avenue to a well-organized marketplace; with car dealers, franchise, and financial investors capitalizing the   refurbished car sales   trend. Abundant potential has driven the global used car sales market size towards a staggering $87.72 billion in 2018. A huge share of refurbished car sales market demand is sourced by the premium vehicle category that is driving the global market with a CAGR of 11.71% during the forecast period 2...

  On OLX India, each refurbished car listing on an average gets more than 1000 views, and almost 65% of cars finds a buyer within the first week, with 15,000 cars listed for sale per day. Average lifespan of vehicles are increasing due to advanced engineering and has reached an average of 13-17 years in 2019 from 11.4 years calculated in 2014. With additional tenure added to the performing automotive, the scope of renewed application also increases. Owing to such developments, the used car sales market has evolved from an unorganized trade avenue to a well-organized marketplace; with car dealers, franchise, and financial investors capitalizing the   refurbished car sales   trend. Abundant potential has driven the global used car sales market size towards a staggering $87.72 billion in 2018. A huge share of refurbished car sales market demand is sourced by the premium vehicle category that is driving the global market with a CAGR of 11.71% during the forecast period 2...