Spinny's Q2 Report Reveals Used Cars Trends

As demand for personal mobility increases, India's used car marketplace, Spinny has witnessed significant growth in its used car inventory in the second quarter of 2022. In Spinny's Q2 trend report 2022, over 57 per cent of buyers were first-time buyers. This report reveals several interesting insights about buying and selling pre-owned cars in India. As a result of the high demand for contactless buying & selling in the used-car industry, Spinny reported 44 per cent digital transactions.  Interestingly, Spinny has witnessed 32 per cent of women buyers in Q2. 

The majority of Spinny's car buyers are between 30 and 40 years old. The boost in demand for used cars is due to a number of factors, including personal mobility needs, economic factors, and the acceptance of used cars. The key goal of the brand is to create an efficient, credible and reliable ecosystem for used-car owners. Among favourite brands, Maruti, Hyundai, and Honda cars reign supreme. Hatchbacks are the most popular model type, followed by sedans and SUVs. Three of the most preferred car models are the Hyundai Elite i20, Grand i10 and Maruti Suzuki Baleno. Colours like white, grey, and silver, specifically in that order, are among Spinny buyers' favourites. 

Spinny had also recently launched its luxury segment, Spinny Max. The company has witnessed an increase in demand from metro cities and under the age bracket of 31 to 45 years. In the second quarter of 2022, Spinny Max premium cars are governed by brands such as Mercedes, Audi & BMW & the preferred car models are Mercedes C class, BMW 3 series & Audi Q3. Colours like white, grey, and black, specifically in that order, are among Spinny Max buyers' favourites.