Hyundai Promise sells over 1.57 Lakh pre-owned cars in CY 2024

Hyderabad: Hyundai Motor India Limited (HMIL) through its pre-owned car program - Hyundai Promise, has achieved its highest-ever yearly sales in CY 2024, retailing 1,57,503 pre-owned cars with 5.8 per cent YoY growth. Strengthening customer trust and value, Hyundai Promise recorded 35,553 certified pre-owned car sales, contributing 23 per cent to its total volume, registering 8 per cent YoY growth.

Hyundai Promise set a new benchmark in customer engagement, achieving its highest-ever exchange outreach of 20.4 per cent in CY 2024. Among Hyundai Promise certified pre-owned car sales in CY 2024, the Hyundai i20, CRETA and GRAND i10 dominated sales, registering 55 per cent of the total volumes. SUVs accounted for 21 per cent of certified pre-owned car sales, with the CRETA being the highest contributor at 13 per cent and VENUE at 8 per cent, of total Hyundai Promise sales.

Commenting on Hyundai Promise sales, Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, “The pre-owned car market in India has ample room for improvement in parameters like transparency, trust, and reliability - challenges that Hyundai Promise, as an OEM-owned network, directly addresses by using new-age technology and the trust of brand Hyundai. With over 1 million pre-owned car sales since inception, Hyundai Promise has redefined the experience of buying and selling used cars, making it more reliable, transparent, and hassle-free. The Hyundai CRETA stands as the most sought-after SUV with 13 per cent contribution in the certified pre-owned segment, mirroring its unmatched popularity in the new car segment. SUV models such as the VENUE and CRETA fetch over 70 per cent of its original price even after third year.”

Certified pre-owned cars retailed through Hyundai Promise go through a rigorous 161-point checklist before being listed on the platform. To ensure absolute reliability and a new-car like ownership experience, certified pre-owned cars by Hyundai Promise are offered with added benefits including a 1-year comprehensive warranty for cars aged under 7 years, and 6 months engine and transmission warranty on cars aged between 7-10 years. All certified pre-owned cars are also offered with road-side-assistance and upto two free services at no extra cost.

Hyundai’s innovative ‘Click-to-Buy’ platform on hyundai.co.in, offers a seamless digital buying and selling experience for pre-owned cars. Buyers can virtually explore certified pre-owned cars available at Hyundai dealerships, request test-drives and place a booking from the comfort of their homes. Sellers have the option of requesting for an evaluation, uploading all relevant documents and viewing the offer price - all through a hassle-free phygital process. Additionally, the H-Smart App for dealers enables seamless and transparent evaluation process, offering best price for used cars to the sellers.

Hyundai Promise makes the pre-owned car buying and selling process reliable, transparent and convenient through a network of 600+ dealers pan India.