Spinny, India’s leading full-stack used car platform, is witnessing a significant transformation in Telangana’s pre-owned car market, driven by evolving consumer preferences and growing digital trust. Online car purchases have remained steady at 34% in 2024, highlighting how buyers are becoming increasingly confident in making digital transactions for used vehicles.
Women are emerging as a key demographic in this shift, with their share rising from 9% in 2022 to 17% in 2024, reflecting greater confidence in Spinny’s transparent and quality-assured process. Every car on the Spinny platform undergoes a 200-point inspection checklist, comes with a 5-day money-back guarantee, and includes a 1-year after-sales warranty—factors that continue to reinforce consumer trust.
Car preferences are also evolving across Telangana. While Maruti Suzuki, Hyundai, and Tata remain the most popular choices, newer models like the Kwid have gained prominence in 2024, replacing previously favored models such as the Elite i20. The demand for automatic transmissions has also increased from 19% in 2022 to 25% in 2024, signaling a shift toward convenience-driven mobility solutions.
A notable milestone for Spinny in Telangana has been the rise in luxury car sales. While the segment was virtually nonexistent in 2022-2023, Models like the Compass, GLA, and X1 are gaining traction, signaling an aspirational shift in consumer preferences.
Spinny’s presence in Telangana has grown significantly, with a 50% surge in vehicle inspections in 2024, reflecting increased interest in used cars. Home deliveries have rebounded by 35%, highlighting improved logistics and customer confidence. Feeder cities like Vijayawada, Warangal, and Secunderabad are driving Hyderabad’s thriving used car market.
Hyderabad remains a stronghold for Spinny, with 4 out of 10 customers in the city booking a car through the platform. The market has grown by almost 30% year-on-year, demonstrating increased adoption of pre-owned vehicles. Notably, 20% of sales come from customers residing outside Hyderabad, including buyers from rural areas as far as 300 km away, who have benefited from same-day deliveries. Loan approvals have also become seamless, with 25-30% of cases being approved within just two hours.
Spinny, which operates 57 car hubs across 22 cities, including Hyderabad, remains committed to redefining the pre-owned car buying experience with technology, transparency, and convenience at its core. The brand’s credibility was further reinforced last year when Indian cricket legend Sachin Tendulkar joined as a strategic investor and lead brand ambassador.
As Telangana’s automotive landscape evolves, Spinny continues to lead the way, ensuring that affordability, trust, and convenience drive the future of mobility in the region.
