Spinny: Digital drives greater demand for used cars from Spinny.
Spinny, India’s leading used-car platform, has witnessed rising demand for preowned cars through its contactless digital modes. As a full-stack used-car platform, Spinny sold 9,100-plus used cars till 2020, with a 38% referral purchase rate. More than 70% of used cars are purchased by those under 40 years.
Out of the 1,200 used cars sold each month since January 2021, 70% have been via home test drives and deliveries – a testimony to the trust in the quality of its cars and the information available online. In Bengaluru, about 80% of cars were sold via home drives. While almost 70% are first-time car buyers who earlier relied on public transport and shared cabs, more than 20% of car buyers have been women.
Spinny was the first to offer a completely contactless car buying and selling experience via #WithExtraCare – an initiative with home test drives and home delivery. Spinny 360 is an industry-first feature providing a 360-degree, detailed view of every Spinny Assured vehicle available in each city’s inventory. For people selling cars, Sellright by Spinny offers an assurance of the best price, instant online quotes, free doorstep inspection and instant payment without middlemen.