Overview

The press release from Cars24 presents the market share of the five leading used‑car brands on its organised resale platform in India up to July 2026.

Brand Share Summary

  • The top five brands – Maruti Suzuki, Hyundai, Honda, Tata Motors and Mahindra & Mahindra – together account for 75.5 % of all used‑car transactions recorded by Cars24.
  • Maruti Suzuki holds the largest share at 33.2 %; its three best‑selling models – Swift (14.5 % of total sales), Wagon R 1.0 (10.2 %) and Swift Dzire (8.1 %) – together represent 32.8 % of Maruti’s used‑car volume.
  • Hyundai occupies the second position with a 21.6 % share. The i10 contributes 15.4 % and the Grand i10 12.5 % of Hyundai’s used‑car sales; the Creta adds 9.7 % and is the only SUV among Hyundai’s top three models.
  • Honda accounts for 8.2 % of the market, with the City (41.1 % of Honda’s used sales), Amaze (22.1 %) and Jazz (9.6 %) comprising the bulk of its volume. The City alone represents 3.4 % of all used‑car sales and is the best‑selling used sedan.
  • Tata Motors holds 7.8 % of the market; the Tiago (23.1 % of Tata’s used sales) and Nexon (20.7 %) together make up 43.8 % of its volume, while the Altroz contributes 9.1 %.
  • Mahindra & Mahindra is the smallest of the five with a 4.7 % share, driven almost entirely by SUVs: XUV500 (29.4 % of Mahindra’s used sales), XUV300 (10.8 %) and Scorpio (10.4 %). Diesel engines dominate the fuel mix for Mahindra’s used SUVs.

Model Concentration

  • Honda’s sales are highly concentrated, with 72.8 % of its used‑car volume coming from the three models listed above.
  • Maruti Suzuki’s top three models account for only 32.8 % of its sales, indicating a broader model mix.
  • Tata’s Tiago and Nexon together represent 43.8 % of its used‑car sales, showing reliance on one hatchback and one compact SUV.
  • Mahindra’s portfolio is 100 % SUV‑focused, with the XUV500 alone covering nearly a third of its used‑car transactions.

Fuel and Transmission Trends

  • Petrol‑powered cars from Maruti Suzuki and Hyundai together constitute 54.8 % of all used‑car sales on the platform.
  • Manual transmission remains dominant; 92 % of buyers of the Hyundai i10 select a manual gearbox.

Body‑Style Preference

  • Hatchbacks dominate the top‑selling models across most brands, while sedans are prominent for Honda and SUVs for Mahindra.

Implications

  • The data underscores that Indian used‑car buyers prioritize established brands with proven resale value, extensive service networks and readily available spare parts.
  • Concentration around a few models per brand suggests limited diversification in buyer preferences within the organised resale channel.