Spinny Adjusts Used Car Prices Ahead of New Vehicle GST Changes

Spinny, India's full-stack used car platform, has announced immediate price reductions across its inventory ahead of the government's GST restructuring for new vehicles set to take effect September 22, 2025.

The company has implemented discounts of up to ₹2 lakh for buyers while promising benefits of up to ₹20,000 per vehicle for sellers. While GST rates on used cars remain unchanged, Spinny says it has adjusted pricing to account for the indirect impact of new vehicle tax reforms on the secondary market.

"We've taken a proactive stance, adjusting prices before the GST reforms take effect. This ensures our customers can make confident decisions today, without waiting or second-guessing market movements," said Hanish Yadav, Senior Vice President & Business Head at Spinny.

The upcoming GST changes will introduce an 18% tax rate on small cars and two-wheelers, while larger and luxury vehicles will face a 40% GST. Auto component taxes have been reduced from 28% to 18%. These changes primarily target new vehicle sales but are expected to have downstream effects on the used car market.

Spinny, which operates 57 car hubs across 22 cities including Delhi, Mumbai, Bangalore, and Chennai, has positioned the price adjustments as part of its commitment to transparent pricing. The platform offers a 200-point inspection checklist, five-day money-back guarantee, and one-year warranty on vehicles.

Founded in 2015, Spinny has established itself as a significant player in India's used car market, with cricket legend Sachin Tendulkar joining as both strategic investor and brand ambassador last year.