Behaviour towards used cars changing in urban India post-pandemic

News  /   June

Mumbai

Behaviour towards used cars is changing in urban India post-pandemic, according to a report of Spinny - a full-stack used car retailing platform. These days it is observed that buyers feel content with e-tailer’s online showroom. They can read about verified details of the cars, compare and match different offerings, and also choose the one of which they want to try the test drive. The confident behaviour of the buyers is also contributed to the fact that car retailers are ready to address the factors that are responsible for breaching the trust gap between the industry and prospective customers. These factors can be detailed inspection reports, 360-degree view of cars, fixed prices, and verified ownership history.

Spinny has vouched for this change in the behaviour of the buyers. In cities like Bengaluru, Spinny has recorded conversions about online sales and home deliveries. An IT engineer based in California bought a car online without even a test drive for his aged parents. A Pune-based customer seemed disappointed with the city’s local dealership experience.

According to Niraj Singh, Founder, Spinny, the company has a limited but finely-tuned catalogue. The company is known for its quality; hence, the customers can bank upon the cars purchased online. The customers are also offered a well-rounded ownership experience. The people, who browse for a used car online, get converted into actual customers because Spinny offers assured buyback within 6 months, five-day money-back guarantee, a very favourable up-gradation policy, and a 1-year warranty complimentary year-long insurance.

More than 1200 cars have been sold by the company in around 14 cities from the beginning of this year and around 80% of the transactions were based on online research. In Bengaluru alone, the same number is more than 90%. Also, 20% of women prefer used-car platforms like Spinny.

Source – Press release

Image Source: Press release of "Spinny Ready" 

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