Business
Used Cars Have Gone from Budget Pick to Best Choice
Gurugram (Haryana) [India], May 25: For most of the last decade, the Indian used car market was framed as a fallback. It was the option buyers considered when a new car felt unaffordable, when the loan didn't come through, when waiting for a fresh model felt unrealistic. The Gears of Growth 2025 report by Cars24 and Team BHP records the moment that framing changed. The report states plainly that used cars are no longer a backup option. They have become a consistent, first-choice decision made throughout the year. The data behind this statement is striking, and the implications for India's automotive industry are larger than the line itself suggests.
May 25, 2026