Overview

The press release dated September 18, 2026, issued by Cars24, presents its internal transaction data up to July 2026, highlighting the six best‑selling used‑car models on one of India’s largest organised resale platforms. Collectively, the Maruti Suzuki Swift, Maruti Suzuki Wagon R 1.0, Honda City, Hyundai i10, Hyundai Grand i10 and Maruti Suzuki Swift Dzire account for 20.3% of all used‑car sales recorded by Cars24, with the Swift alone contributing the largest single‑model share of 4.8%.

Model‑wise Share

  • The Maruti Suzuki Swift holds a 4.8% share of the platform’s used‑car transactions.
  • The Maruti Suzuki Wagon R 1.0 and the Honda City each capture 3.4% of sales.
  • The Hyundai i10 records a 3.3% share, while the Hyundai Grand i10 and the Maruti Suzuki Swift Dzire each register 2.7%.

Brand‑level Distribution

Across the entire dataset, Maruti Suzuki accounts for roughly one‑third (33%) of every used car sold through Cars24, making it the dominant brand. Hyundai follows as the clear second‑largest brand with an approximate 22% share, and the remaining market share is divided among other manufacturers.

Market Growth Outlook

CRISIL Ratings projects that used‑car volumes will expand by 8% to 10% in the current fiscal year, reaching about 6 million units. This growth rate is more than twice the pace of new‑car sales, underscoring the accelerating momentum of the used‑car segment relative to the new‑car market.

Buyer Preference Insights

The six leading models share common characteristics: five are hatchbacks or compact sedans, and all are recognised for low running costs rather than premium features. This pattern signals that Indian used‑car buyers prioritize affordability and cost‑efficient ownership, a preference that appears unlikely to shift rapidly.

Disclaimer

The information is provided under an arrangement with Newsvoir, and PTI assumes no editorial responsibility for the content.