Autobest Emperio, a premium automotive dealership based in New Delhi, has doubled its inventory of pre-owned luxury electric vehicles over the past year, reflecting growing consumer interest in premium EV ownership through the used vehicle market. The segment now accounts for nearly 20–25% of the dealership’s overall sales volume.
The increase in inventory has been driven by rising demand from buyers seeking access to high-end electric vehicles at significantly lower ownership costs. As luxury EVs typically experience depreciation of around 40–50% within their first two years, the pre-owned market is emerging as an attractive alternative for consumers looking to upgrade to premium electric mobility.
This trend has created a compelling value proposition, enabling buyers to purchase flagship luxury EV models at price points comparable to those of new entry-level luxury internal combustion engine (ICE) vehicles. As a result, the secondary luxury EV market is witnessing increased traction among value-conscious customers seeking advanced technology, premium features, and sustainable mobility without the higher upfront costs associated with new vehicles.
“Luxury EV buyers today are far more value conscious than before. Customers are willing to buy a 2 year old premium EV if they are getting flagship technology, performance, and luxury at almost half the original price. We are seeing a major shift in buyer mindset, especially in metro markets,” said Avneet Singh Kohli, Founder, Autobest Emperio.
The company said improving charging infrastructure and reduced range anxiety across key metro cities are further accelerating adoption among affluent and tech-savvy buyers.
To strengthen customer confidence, Autobest Emperio has expanded its focus on battery health certification and technology backed vehicle diagnostics, as EV buyers continue to prioritise transparency around battery performance and long-term reliability.
The rising demand is also influencing Autobest Emperio’s expansion strategy. The company’s Gurgaon expansion is aimed at strengthening its presence in Delhi-NCR, which remains the largest market for luxury EV adoption due to stronger charging infrastructure, higher corporate wealth concentration, and increasing premium EV penetration.
Beyond Delhi-NCR, cities such as Mumbai, Bengaluru, and Hyderabad are emerging as key growth markets for pre-owned luxury EVs.
Looking ahead, Autobest Emperio plans to increase the share of EVs within its overall inventory to nearly 50–60% over the next 12–18 months, driven by growing consumer acceptance and the increasing availability of premium EVs entering the secondary market.
