Hatchbacks Constitute 57 Percent Of Cars Resold Across Top Cities In India: Report

Pranay Chulet, Founder & CEO of Quikr said, "Traditionally in India, people preferred to buy and sell used cars through offline channels. This market first started moving online and now the market has shifted to mobile which has become the most preferred way to buy, sell and find second hand vehicles. Quikr is at the forefront of this shift, connecting buyers and sellers through our mobile apps and site.

Not only do we connect buyers and sellers via our messaging service Quikr NXT and older generation methods like emails and calls, we also offer value added services such as No Fikar Inspection Reports and Maximum Selling Price (MSP) to help people make the best car purchasing decision. With this report, we aim to demonstrate the effectiveness of mobile internet as the dominant medium for used cars transactions."

Quikr sees over 1.3 million transactions per month across categories with cars being one of the largest and fastest growing category.

 Methodology

The report was created considering the trends in the auto industry based on Quikr’s internal data analytics. The analytics are based on two main sources of data: ad listings posted by users on the sell side as well as feedback from users on the buy side.

The data analyzed is based on ad listings on Quikr’s platform from October -December 2014. The cars included in the survey ranged from hatchback cars to premium luxury cars. 

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