Tamil Nadu is witnessing a significant rise in the demand for used cars, with CARS24, the leading AutoTechcompany in India, leading the way in promoting smart vehicle ownership. In fact, in the initial six months of 2023, the area experienced a noteworthy 80 percent surge in sales of pre-owned cars, indicating a growing preference for second-hand vehicles. Since its expansion in Tamil Nadu in September 2017, CARS24 has rapidly expanded its footprint, now catering to customers across twelve cities throughout the state.
In Chennai, the capital of the state, there's a notable increase in used car sales. This rise can be attributed to a transparent and efficient buying process, highlighting the benefits of intelligent car ownership.This change in trend indicates a shift in attitudes towards car ownership, with more people recognizing the value offered by the pre-owned car market.
"The notable increase in used car sales is a positive indicator of the changing automobile landscape in Tamil Nadu," saidGajendraJangid, Co-Founder, CARS24. "Consumers are becoming more discerning in their choices, considering not only affordability but also the long-term value and practicality of owning a used car."
Recent data from CARS24 provides intriguing insights into the evolving used car market in Tamil Nadu. Chennai, in particular, showcases a strong affinity for Maruti Alto 800 and other Suzuki models, with over 15000test drives booked, predominantly for Suzuki models. CARS24's data reveals a remarkable milestone in the Tamil Nadu car market, with people from the state selling cars worth over INR 222croreson the platform in the first half of 2023. As a result, more people are choosing to sell their used cars, creating a vibrant market for platforms like CARS24 that offer convenience, trust, and a streamlined selling process.
With a strong presence in more than 150 plus cities across India, CARS24 is playing a pivotal role in reshaping the future of car sales and ownership, as the automobile industry embraces emerging trends and technologies.CARS24, operates across 12 cities in Tamil Nadu including Chennai has made a substantial impact in the region.