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Preference for used cars grows amid Covid crisis: Report

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NEW DELHI : The number of people interested in purchasing a used or a pre-owned car has increased in the wake of the coronavirus crisis, according to a report by CARS24.

The report said that about 22.5 per cent of the consumers who were planning to buy a new car last year would now prefer to buy pre-owned car because of their limited budgets.

It further said that a considerable share of the commuters will now look forward to using private cars in the post-COVID world to essentially maintain social distancing, although, affordability and convenience of public transport will keep attracting daily commuters. "46 per cent respondents said that they have decreased their budget due to the global pandemic, out of which, 50 per cent said that they

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