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Pre-owned vehicle sale, purchase and financing platform CARS24 has said vehicles worth over Rs 1,800 crore were sold to its platform in the April-June quarter of this year.
As per PTI report, The quarter also witnessed a surge in demand for pre-owned cars with as many as 30 vehicles getting sold at every hour during the period, the platform said.
Hatchback models dominated the total sales with 62 per cent share during the June quarter of 2023 while the sedans made a stylish comeback. Also, non-metro cities challenged the dominance of metros in car purchases, as Pune and Ahmedabad experienced a surge in pre-owned car sales, it said.
