The second-hand automobile business in the country is growing rapidly, especially in the two-wheeler segment, where people are increasingly interested in old and used vehicles. According to a recent survey, the demand for the Bajaj Auto’s famous bike Bajaj Pulsar 150 is very high in the demanding second hand market. In terms of sales of the used bikes segment, this bike has also beaten Royal Enfield’s powerful bullet.
In fact, CRDR has conducted a survey of used two-wheelers online. The survey covered 10,000 users between June and December and sought to understand customer preferences. According to this survey, sales of used two-wheelers have increased substantially this year.
According to the CRR, 40 percent of inquiries for used two-wheelers are for motorcycles and 60 percent for scooters. People spend on average Rs 43,000 for bikes and Rs 32,000 for scooters. The Pulsar 150 is more like a second hand bike. After this, the likes of Royal Enfield Bullet Electra 350, Bajaj Discover 150, Hero Splendor, Yamaha YZFF R15S and Honda CB Shine 125.
The company found that the use of two-wheelers this year increased by 47 percent. The demand for second hand bikes has increased rapidly in cities such as Delhi NCR, Bangalore and Jaipur. People are more concerned about personal vehicles than public transportation. Creditor’s co-founder and CSO Sidhar Nandigam said the second-hand two-wheeler market will grow in the coming years.
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