Spinny Eyes Over 2x Growth In Sales This Festive Season

Spinny, an online pre-owned car selling platform said that it expects to sell over 6,300 cars over October and November 2021, as against 2,500 cars sold during the same period last year, marking a growth rate of a whopping 150%.

Buoyed by an overall steady economic recovery and an increasing preference for personal mobility, owing to the pandemic and social distancing norms; used car sales are anticipated to witness notable growth over the October and November festive period, opines Spinny. 

Most of these customers are in the age group of 25 to 35 years, salaried professionals who are buying their very first cars, relying on car loans and other financing options. Most of these customers are preferring to buy compact yet feature-loaded SUVs, over sedans. It is also interesting to note here that 20% of Spinny’s car buyers were women in 2020. That number rose to 30% in the last six months of 2021, the statement noted.

Speaking about initiatives & festivals of Spinny, Niraj Singh, Founder & CEO, Spinny, commented, “Our focus is primarily on the safety aspect during this festive season. We are overwhelmed by the momentum and validation that we are receiving for our services and we are convinced about the safe experience that we can deliver to our customers at all times. We strongly believe that for every decision, precautions and social distancing norms still need to be adhered to, on priority. For the festive season, Spinny has implemented ‘With Extra Care’ initiatives that commit to a safe and contactless buying experience including Home Test Drives and deliveries.  The initiative has been fervently welcomed by all our users.”

Spinny plans to expand to 20 to 25 cities from the current 13 cities by the end of 2021.