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Why Demand for Used Bikes Scaling Up In India After The Pandemic_

Here in this blog, we will be discussing five main things to keep in mind when looking to buy a second-hand sports style like a motorcycle of your choice.<br>

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Why Demand for Used Bikes Scaling Up In India After The Pandemic_

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  1. Why Demand for Used Bikes Scaling Up In India After The Pandemic?

  2. Did you know that the used goods market in India is expected to be around INR 60,000 crores respectively? And this number is increasing at an exponential rate. And the majority of the used products market belongs to the automotive sector. You will be surprised to know the fact that the demand for used bikes is quickly surpassing the sales of new vehicles. And that too after the unexpected pandemic situation that allowed many people to invest in second-hand bikes after bidding farewell to the heavily congested public transportation means. Also, to avoid the financial constraints of owning a brand new vehicle, a majority of two-wheeler enthusiastic individuals look forward to buying used bikes at less cost. As per the survey conducted by one of the leading new and used car selling platforms, it has been observed that there has been a 46% decline in the sales of new motorcycles. And there is an increasing inclination towards used bikes belonging to distinctive choices of brands.

  3. Specifically, the Hero Motocorp brand is witnessing a surge in the sales of new motorcycles and scooters. Despite that, the brand's additional service offering called Wheels of Trust (WOT) is allowing more & more people to check second-hand bike valuations online and sell second-hand motorcycles at the required cost. After the pandemic situation that came up with the economic uncertainty, many people had left with no choice but to invest in a used bike at an affordable cost. Mainly to cover the city-level distance, spending on second-hand motorcycles allow people to save time, effort, and money.

  4. Here are some of the compelling reasons for the recent surge in demand for second-hand motorcycles after the pandemic: The economic alternative of vehicle ● Purposefully used ● Cost-effective around the festive season ● Offer easy mobility factor ●

  5. Concluding Thoughts: Buying a second-hand bike has become an increased norm these days. Mainly after the pandemic, the demand for used bikes has improved to an optimum extent due to affordability, a wide range of options, riding convenience, and ease of mobility factor. If you are looking to buy a second-hand motorcycle, then do the same online without going anywhere else. Also, sell your used bike at a reliable platform of Wheels of Trust (WOT).

  6. Thanks!!

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