Sale of used four wheelers and two wheelers surge in June
Kozhikode: The second-hand vehicle market is on the roll as people are reluctant to use public transport in times of COVID pandemic. In June, the sale of used four wheelers and two wheelers recorded an all-time high as many people, though not financially sound to own a vehicle, turned to buying one fearing coronavirus.
It is reported that the registration for new cars and bikes/scooters increased as companies reopened after lockdown.
Meanwhile, the registration of bus, lorry and autorickshaw have reduced considerably in June.
In November, 2019 the second-hand vehicle registration was at 5948 which jumped to 58,816 in June, 2020. Out of this, 80 percent is two wheelers and 15 percent four wheelers.