SUVs continues to dominate as per the brand's latest report

CarLelo’s Latest Report: SUVs Still Tops in New Car Choices!

CarLelo, an online new car-buying platform under the Capri Loans umbrella, is witnessing a remarkable surge in the popularity of SUVs in the festive season. As per the brand’s report, well-known brands like Maruti Suzuki, Mahindra & Mahindra, Hyundai, Honda, Kia, Tata, Toyota, and MG are shining in the market.

SUVs continues to dominate as per the brand's latest report

CarLelo’s Report: Trending Models and Target Audience

According to CarLelo’s report, the SUV and compact SUV models like Creta, Brezza, Grand Vitara, Jimny, Urban Cruiser, Hyryder, and Thar are in high demand. This report represents that the top-selling models are establishing their position as top picks in their respective categories.

Meanwhile, young buyers aged 25 to 35 are increasingly opting to buy these new cars online. This represents the ongoing trends and growth of the automobile industry in the market.

Accelerating Forward: SUV Market Set to Surge in India

The SUV market is on the rise, expected to reach USD 1,221.7 billion in 2027 from its 2023 value of USD 885.8 billion, with a steady growth rate of 6.6%. This growth is driven by the increasing demand for vehicles offering enhanced comfort features, making SUVs a promising choice in the years ahead.

Revolution in New Car Buying Experience

In today’s era of digital transformation, our company stands out as a true innovator in the automotive sector. The brand has adopted advanced technologies to simplify and enhance the new car buying experience, making it more convenient than ever. With a streamlined approach, customers can effortlessly research, compare, and make informed purchase decisions, all from the comfort of their homes.

As a result, the brand has posted a significant surge in digital inquiries and sales. These sales have perfectly aligned with the changing preferences of their valued customers.

Official Statement

“Amidst the festive buzz, SUVs have taken the spotlight, becoming this season’s trend. But it’s not just about the cars; customers now desire feature-packed vehicles with advanced safety measures. This shift in preference has led to a remarkable change in how we approach new car buying. Purchasing cars online is now a new way of doing things, giving us more convenience, choices, and clear information through virtual experiences. This change is happening because people’s preferences are evolving, and technology is also making a big impact on the new car industry. We are a one-stop shop where buyers and dealerships come together, offering a wide variety of car brands and models in one place along with financing options.” said Gaurav Aggarwal, Founder and CEO – CarLelo (A Capri Loans Venture).

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