Top Selling Used Car Brands in Mumbai in 2024

Mumbai’s dynamic used car market continues to show strong demand for dependable and affordable vehicles. 

According to a 2024 used car market report from CARS24, Maruti Suzuki, Hyundai, Honda, and Tata emerged as Mumbai’s most popular used car brands in 2024. Let’s explore their market presence, key models, and year-on-year trends.

The Best Selling Used Car Brands in Mumbai

According to the latest data, Maruti Suzuki remained the top choice among used car buyers in Mumbai in 2024, reinforcing its stronghold on the city’s pre-owned car market. Hyundai and Honda followed closely in second and third positions, with Tata securing the fourth spot. Interestingly, Volkswagen claimed the fifth position, edging out Mahindra.

In Mumbai, used hatchbacks continue to dominate the pre-owned car market. However, the growing popularity of SUVs is hard to ignore, with cars like the Tata Nexon and Hyundai Creta registering increased demand. 

1. Maruti Suzuki – 34.3% Market Share

Maruti Suzuki retained its top spot in Mumbai’s used car market, accounting for 34.3% of sales in 2024. Its stronghold is largely driven by popular models that combine affordability with low maintenance costs.

The Wagon R 1.0 continued to lead Maruti's lineup of used cars in Mumbai, securing 14.91% of the brand's total market share. The Swift followed closely at 13.9%, maintaining its appeal as a versatile hatchback. Meanwhile, the Swift Dzire accounted for 10.42% of Maruti's sales, reinforcing its strong presence in the sedan category. The Ertiga, with 8.09%, gained slight traction compared to 2023.

Maruti Suzuki's consistent performance reflects its dominance not only in Mumbai but across India, where it holds a 35.9% share in the nationwide used car market.

2. Hyundai – 20.7% Market Share

Used Hyundai cars in Mumbai secured the second position with a 20.7% market share in 2024, showing a slight dip from 21.0% the previous year. Despite this, Hyundai’s key models remained in high demand.

The i10 remained the brand's top performer, contributing 15.57% of Hyundai's sales in Mumbai. The i20, with a stable 14.96%, continued to attract buyers seeking a premium hatchback experience. Meanwhile, the Verna showed notable growth, rising from 11.8% in 2023 to 13.43% in 2024, underscoring its popularity among sedan enthusiasts. 

This trend aligns with Hyundai’s national performance, where the i10 remains the best-selling Hyundai hatchback with a 26% market share.

3. Honda – 10.4% Market Share

Honda maintained a 10.4% share in Mumbai’s used car market in 2024, slightly lower than its 10.9% share in 2023. The brand’s strength lies in its sedan lineup, which continues to appeal to comfort-focused buyers.

The City was the best selling used Honda car in Mumbai, contributing 44.41% of the brand's used car sales. Although slightly down from 46.2% in 2023, the City’s sustained demand underscores its enduring popularity as a premium sedan. The Amaze, with a rising 14.65%, saw improved demand compared to 11.7% in 2023. Meanwhile, the Jazz and Brio held 8.74% and 7.65% shares, respectively.

Nationally, the Honda City also leads the sedan category with a 16% market share, reinforcing its position as a top choice for second-hand buyers.

4. Tata – 5.91% Market Share

Tata secured a 5.91% share of Mumbai’s used car market in 2024, reflecting growing buyer confidence in its safety ratings and build quality.

The Tiago emerged as the best selling used Tata car in Mumbai, contributing 21.79% of Tata’s sales — a significant increase from 16.7% in 2023. The Nexon saw notable growth as well, jumping from 9.9% in 2023 to 16.23% in 2024, driven by rising demand for compact SUVs. Meanwhile, the Nano’s share fell from 16.4% to 9.88%, and the Indica Vista declined from 10.1% to 7.04%.

Tata’s Nexon also stands out nationally, accounting for 48% of used Tata SUV sales across India.

5. Volkswagen – 4.15% Market Share

Used Volkswagen cars in Mumbai claimed the fifth position, surpassing Mahindra despite a slight decline from 4.34% in 2023.

The Volkswagen Polo emerged as the brand’s best-selling used car in Mumbai, contributing 45.07% of Volkswagen’s total used car sales. Its reputation for a robust build and athletic handling continues to make it a preferred choice among used car buyers, even after its discontinuation.

The Vento followed at 37.96%, reinforcing its steady appeal in the sedan segment. The Volkswagen Ameo secured the third spot with a 6.95% share, highlighting its niche demand despite limited overall sales.

Conclusion

Mumbai’s used car market in 2024 reflects both consistency and change. Maruti Suzuki maintained its leadership, driven by trusted models like the Wagon R and Swift. Hyundai’s i10 and Verna upheld the brand's strong presence, while Honda’s City continued to lead the sedan category. Meanwhile, Tata’s notable growth signals rising demand for its dependable models like the Tiago and Nexon.