New Delhi, June 27 -- India's used-car ecosystem is emerging as the dominant gateway to vehicle ownership, with first-time buyers, rising financing and SUV demand reshaping mobility preferences, a new report revealed. The Mobility Intelligence Report 2026, unveiled by Autocar India and Spinny, analysed over 11,000 transactions across nine cities to map the forces driving the sector.

According to the report, 80-82 per cent 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." The study estimates India's used-car market is 1.39 times the size of the new-car market and is growing at 11-13 per cent annually, while the organised used-car segment is...