Porsche to enter pre-owned car business in India

Porsche will offer customers the option to buy, sell or exchange certified pre-owned cars.

According to a media report, Porsche is set to enter the pre-owned car segment in India.

It is said that 'Porsche Approved' centres will provide customers the option to buy, sell or exchange certified pre-owned cars. The company aims to provide used cars at competitive prices. It will also offer accessories, insurance and financial support to customers.

The Volkswagen Group currently operates two used car verticals in India. Das WeltAuto was launched in 2019 and is said to have sold over 20,000 vehicles in 2021.

Audi also has its pre-owned car business called Audi Approved Plus. It currently has 14 centre across India.

Source: Car and Bike