Hyundai Motor sells 157,000 used cars on CY24

While Hyundai is one of India’s leading new car manufacturers, the company is also a major player in the used car business. The company’s popular products such as Creta, i20 and Grand I10 have excellent responses in both the new and used car markets.

Hyundai promises used car sales

Operating under Hyundai’s promise, the company registered outstanding used car sales numbers for the 2024 calendar year, totaling 1.57 billion units. To be exact, 1,57,503 units. The 157,000 units of CY24 are the best sales ever made in a calendar year. This resulted in a 5.8% increase over the number of CY23.

Not only that, Hyundai Commitment also hits Exchange-Outreach 20.4% in CY24, setting a new benchmark for customer engagement. Wherever certified used car sales are involved, Hyundai has sold 33,553 units, offering trust, value and quality.

Hyundai’s pledge certified used car business accounts for 23% of total sales in the vertical, accounting for 8% of CY23 growth. Breaking down the volume of pre-used car sales that Hyundai promises to be certified, we can see that Creta, i20 and Grand I10 alone account for 55% of sales.

Analyzing trends in the used car sales space, Hyundai promises to be certified as SUVs, and 13% if it comes from CRETA. So, Crete cheese is established as the most popular SUV in the second-hand business, followed by 8% of the locations. The company promises a car commitment to pass 161 rigorous inspections from experts, as well as a full 1-year warranty for cars under 7 years old, and other privileges, to certified by 161 rigorous checks.

Hyundai Motor Co., Ltd. Statement

Commenting on Hyundai’s Commitment Sales, Mr. Tarun Garg, full-time director and chief operating officer of HMIL, said: “India’s used car market provides enough room for improvement for parameters such as transparency, trust and reliability. As a commitment to OEM-owned network, by using New era technology and Brand Hyundai’s trust are directly resolved.

Since its inception, Hyundai Promise has redefined the experience of buying and selling used cars since it has sold more than 1 million used cars, making it more reliable, transparent and worry-free. The Hyundai Creta is the most popular SUV, contributing 13% in certified pre-hand, reflecting its unparalleled popularity in the new automotive sector. Even after the third year, SUV models such as venue and CRETA are over 70% of their original price. ”