In the 1960s and 1970s, the average car lasted about eight years or 150,000 miles before it needed to be replaced.
In recent years, new designs, improved technology, and higher service levels have raised the average life expectancy to about 200,000 miles, or around 10 years.
There has been an increase in the number of cars on the road as a result of the increased availability of vehicle loans, the growth in wage structures, and the increased purchasing power of the middle class.
Nowadays, owning a car is more of a necessity than a luxury.
Global Pandemic and semiconductor supply shortage resulted in dip in the sale of new Cars. But, the Used Car Sale is sky-rocketing like never before. As more people opt for pre-owned cars for personal mobility, India's used car industry is expected to grow at a compound annual growth rate of 11%, with sales reaching up to 8.3 million units by FY 26.
This Website features News on Car Rebate, New Car Release, Comparison of Car Models, Catalogue Display & Sale of Used Cars, Pre-Owned Car Sale registration link, Review for Cars, Bikes & Automotive Accessories, Blogs and Promotion of Affiliate Products.