Chapters - 0:00 - Introduction 0:55 - Market for used cars 3:46 - New car prices hikes helping used car sales 5:32 - Making user cars aspirational 7:14 - How buyers are choosing between new and old cars 8:10 - How Spinny is trying to differentiate itself 9:45 - Rationale to own inventory 11:12 - Holding period, inventory and sales 12:49 - Core of market and types of buyers 15:14 - Expansion plans 17:12 - Easing vehicle sale 19:00 - Used car market's growth 20:30 - Impact of regulations on used cars 22:07 - Trends in used car space
Used car market doesn’t cater for any enthusiasts. Sad. Wish we had some rules for allowing old cars. The 10 and 15 year old rule for NCR is so annoying. The government allows old trucks and busses to ply, but oh god, you can’t drive any diesel older than 10 years.
Hardly a platform to sell you car. They will deduct commission from buyer and seller. And some charges foe operations. In the end you won’t get more than 40 per cent of what you can sell on your own
Chapters -
0:00 - Introduction
0:55 - Market for used cars
3:46 - New car prices hikes helping used car sales
5:32 - Making user cars aspirational
7:14 - How buyers are choosing between new and old cars
8:10 - How Spinny is trying to differentiate itself
9:45 - Rationale to own inventory
11:12 - Holding period, inventory and sales
12:49 - Core of market and types of buyers
15:14 - Expansion plans
17:12 - Easing vehicle sale
19:00 - Used car market's growth
20:30 - Impact of regulations on used cars
22:07 - Trends in used car space
Used car market doesn’t cater for any enthusiasts. Sad. Wish we had some rules for allowing old cars. The 10 and 15 year old rule for NCR is so annoying.
The government allows old trucks and busses to ply, but oh god, you can’t drive any diesel older than 10 years.
Great interview.
Inspiring 🎉🎉🎉
Is spinny into a franchise model?
Yes !
When will get Hyundai Verna drive review?
Thats ok but i wanted to buy a used e36 m3. The 15 year old car rule is infuriating.
Hardly a platform to sell you car. They will deduct commission from buyer and seller. And some charges foe operations. In the end you won’t get more than 40 per cent of what you can sell on your own
Where’s the verna review 😭 been waiting for that since last year ….
Hyundai didn't had its media drive