Autocar India and Spinny Unveil Mobility Intelligence Report 2026, Revealing the Forces Reshaping India’s Used-Car Ecosystem
Spinny and Autocar India today unveiled the Mobility Intelligence Report 2026, a comprehensive study of India’s evolving used-car ecosystem based on an analysis of more than 11,000 vehicle transactions across nine cities. Combining transaction-led insights with broader market trends, the report offers a detailed view of how changing consumer aspirations, ownership patterns, financing adoption, and vehicle preferences are reshaping India’s mobility landscape. The findings highlight the growing importance of the used-car market in expanding access to personal mobility. According to the report, 80–82% of used-car buyers are first-time car owners, underscoring the category’s role as the primary gateway to vehicle ownership for millions of Indians.
Key Findings from the Mobility Intelligence Report 2026
Ownership & Market Growth
80–82% of used-car buyers are first-time car owners
India’s used-car market is 1.39x larger than the new-car market
The used-car market is growing at 11–13% annually
The organised used-car segment is growing at over 20% annually
Financing & Affordability
Used-car financing penetration has doubled from 16% to 32% over the past five years
Nearly 60% of transactions on organised platforms are financed
Consumer Preferences
SUVs continue to lead aspiration-driven demand across segments
Automatic vehicles account for 37% of transactions, reflecting growing preference for convenience and urban drivability
Ownership Economics
One-year-old vehicles depreciate by 21% on average
Three-year-old vehicles depreciate by 33% on average
Five-year-old vehicles depreciate by 41% on average while retaining nearly 60% of their original value
Future of Mobility
EV resale remains one of the most significant emerging challenges in India’s mobility ecosystem due to evolving technology, battery-health concerns and limited residual-value benchmarks
Please find attached the Mobility Intelligence Report 2026 for your reference. Requesting if you can consider this for your publication.
