Market research & Consulting- NewAge

  Lower interest rates, increasing ownership of used cars, etc. to drive India used car loan market.  According to TechSci Research report, “ India Used Car Loan Market, By Vehicle Type (Hatchback, SUVs & Sedans), By Financier (Banks, NBFCs (Non-Banking Financial Companies) & OEM), By Percentage of Amount Sanctioned (Up to 25%; 25-50%; 51-75%; Above 75%), By Tenure (Less than 3 Years, 3-5 Years & More than 5 Years),   By Region, Competition, Forecast & Opportunities, FY2027F”  India used car loan market is projected to grow at a CAGR of over 11% in value terms and to reach around USD16 billion by FY2027F. With lower interest rates, rising ownership of used cars, increasing disposable income, etc. the market has witnessed an increase in demand for used car loans in the country. The Important Aspects of India Used Car Loan Market Choosing a used car loan is a wise decision that provides buyers with good value for money. With rising disposable incom...

  Lower interest rates, increasing ownership of used cars, etc. to drive India used car loan market.  According to TechSci Research report, “ India Used Car Loan Market, By Vehicle Type (Hatchback, SUVs & Sedans), By Financier (Banks, NBFCs (Non-Banking Financial Companies) & OEM), By Percentage of Amount Sanctioned (Up to 25%; 25-50%; 51-75%; Above 75%), By Tenure (Less than 3 Years, 3-5 Years & More than 5 Years),   By Region, Competition, Forecast & Opportunities, FY2027F”  India used car loan market is projected to grow at a CAGR of over 11% in value terms and to reach around USD16 billion by FY2027F. With lower interest rates, rising ownership of used cars, increasing disposable income, etc. Important Elements of India Used Car Loan Market the market has witnessed an increase in demand for used car loans in the country. Choosing a used car loan is a wise decision that provides buyers with good value for money. With rising disposable income a...