76% of Used Car Buyers Are First-Timers, and 60% of Women Prefer Automatic Hatchbacks

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In a showcase of enthusiasm for used cars, a significant 76 per cent of customers in 2024 were first-time buyers, used car platform Spinny observed in its annual report. This year’s sales witnessed a jump of 3 per cent from the previous year’s figure of 73 per cent, the annual report added. On its platform, women buyers now represent 26 per cent of the total customer base, with the absolute number of women buyers growing steadily each year. Among them, 60 per cent prefer automatic hatchbacks, while 18 per cent prefer compact SUVs, the report added. The top three preferred car models saw a shift in 2024. Renault Kwid continues to be the hot favourite and Hyundai Grand i10 maintained its dominance, while Maruti Suzuki Sw