Now Reading: Andhra Pradesh tops vehicle ownership ease, UP last: report
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Andhra Pradesh tops vehicle ownership ease, UP last: report
The Story in Brief
Andhra Pradesh is the leading state for smooth pre-owned vehicle transactions, according to the first Ease of Vehicle Ownership Index released on 4 November. The index, prepared by industry body IndiaTech.org with consumer organisation Consumer VOICE, covers 15 states that account for over 85 per cent of India’s organised used-car market.
Andhra Pradesh scored 5.91 out of 10, followed by Kerala at 5.74 and Tamil Nadu at 4.58. Delhi was fourth with 4.58. Uttar Pradesh came last at 2.47, just behind Bihar (2.51) and West Bengal (2.56). No state crossed six points, indicating gaps even among the top performers.
The index assessed states on six metrics including rule clarity, online systems, procedural burden, fee transparency and consumer protection. Used cars are expected to outsell new ones at a 1.7:1 ratio by 2030, driven by lower upfront costs for middle-income households.
Indian Opinion Analysis
The index’s low scores, with no state crossing six out of ten, show that India’s used-car market still lacks a seamless ownership transfer ecosystem even in the best-performing states. For buyers, this means higher procedural costs and delays, which could slow the anticipated growth of the segment, where used cars are projected to outsell new ones at a 1.7:1 ratio by 2030. The report’s focus on official fees versus actual market cost points to a common pain point: hidden charges that make the process costlier than advertised. States like Uttar Pradesh and Bihar, with scores near 2.5, face the biggest challenges, potentially widening regional gaps in vehicle ownership. The next step is for states to address the six metrics identified, since the index itself names no immediate policy action or follow-up timeline.
Source: indianexpress.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
