Used Commercial Vehicle Market in India – Focus on TATA Vehicles
As India’s logistics and infrastructure sectors expand, demand for affordable and reliable used TATA vehicles will continue to rise. TATA’s strong brand presence, coupled with steady resale demand, ensures it remains the most trusted name in India’s used commercial vehicle market.
9/26/20251 min read
Market Overview
The Indian used commercial vehicle (CV) market is valued at $2.08 billion in 2024 and is projected to grow at a 5.52% CAGR until 2030. Rising logistics needs, growth in e-commerce, and infrastructure projects are fueling demand for used trucks across the country.
🚛 Role of TATA in the Used CV Market
TATA Motors, being the largest commercial vehicle manufacturer in India, holds a dominant share in the resale market as well.
Brand Trust & Resale Value: TATA trucks are preferred in the used segment due to strong durability, wide service networks, and reliable performance.
Popular Age Bracket: TATA trucks aged 3–11 years form the backbone of the resale market, balancing affordability and operational life.
High Demand Segments:
TATA Tippers → Widely used in construction and mining.
TATA Cargo Trucks & Trailers → Popular in logistics, FMCG, and long-haul transport.
TATA LCVs (Light Commercial Vehicles) → Strong resale demand in last-mile deliveries and e-commerce.
Resale Price Strength: Due to limited supply and brand reputation, used TATA vehicles have seen 25–30% price growth over the past two years.
💰 Financing & Accessibility
NBFCs Dominate: Most used TATA CV buyers rely on NBFC financing, as they are more flexible with older vehicles.
Banks Catching Up: Banks are slowly expanding into the used TATA vehicle market, particularly for vehicles under 8 years old.
🔑 Why Buyers Choose Used TATA Vehicles
Durability & Reliability – Built for Indian road conditions, TATA trucks retain strength even after years of use.
Service Network – With one of the largest service networks in India, maintaining a TATA truck is easier and cost-effective.
Value for Money – Lower depreciation makes used TATA trucks a smarter financial choice for small fleet owners and first-time buyers.
Versatility – Suitable for multiple industries: logistics, agriculture, mining, construction, and urban delivery.
📈 Outlook
As India’s logistics and infrastructure sectors expand, demand for affordable and reliable used TATA vehicles will continue to rise. TATA’s strong brand presence, coupled with steady resale demand, ensures it remains the most trusted name in India’s used commercial vehicle market.