While new vehicle sales are chugging along, the pre-owned market is booming! Analysts predict this segment to reach a colossal 55.8 million units by 2027, surpassing the market for brand new bikes! This unexpected gear change for Indian consumers can be attributed to a confluence of factors, each as compelling as the last.
For many buyers, the cost of a brand-new two-wheeler can be a significant barrier. A certified refurbished bike, however, comes at a significantly lower price than a new one, making it a smart and affordable alternative without compromising on quality. But affordability is no longer the only factor driving this shift.
Dit verhaal komt uit de March - April 2025 editie van Entrepreneur magazine.
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Dit verhaal komt uit de March - April 2025 editie van Entrepreneur magazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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