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If you are planning to take a car loan to buy a car, there is a slight chance that you are confused about whether you should take a new car loan or used car loan. A new car loan will enable you to buy a brand-new car while a used car loan can be used to buy a pre-owned car.

The Indian used car market is a bustling landscape, driven by a growing economy and a rising middle class. Several key players dominate this space, offering a range of services and catering to diverse customer needs.

In recent years, India’s used car market has experienced significant growth. With rising urbanization, increasing disposable income, and the advent of online platforms, pre-owned vehicles have become an attractive choice for many consumers. The used car market in India is expected to keep expanding,