Given the surge in demand and rising popularity of the pre-owned car segment, especially in a value-conscious economy such as ours, the Pre-Owned Car Awards 2022 aims to applaud players within this very spectrum. The inaugural Pre-Owned Car Awards, hosted by OLX Autos in partnership with Autocar India, will be held soon, with a virtual event in keeping with the times.
To address rising demand in the pre-owned car segment is the need of the hour, and by presenting consumers with helpful insights and accurate recommendations on the best purchases in the Indian market, the awards have been spread across three main categories – Highest Residual Value, Our Choice and Special Awards.
A total of 13 awards are up for grabs in this hotly contested space, with the esteemed jury as well as viewers having a say in picking the winners. The ‘Highest Residual Value’ Category will have three awards with one winner each under Hatchbacks, Sedans and SUVs. The ‘Our Choice’ Category will have eight awards overall, including a ‘budget’ and ‘premium’ category each for Hatchbacks and Sedans, three awards (Budget, Mid-size and Premium) in the SUV category and one award for the MPV segment. In addition to this, the ‘Special Awards’ category will celebrate the Viewer’s choice for the ‘Best Pre-Owned Brand of the Year’, with the grand prize being the ‘Pre-Owned Car of the Year’ to be decided by the jury.
The jury panel consists of prominent names from the auto industry which include Hormazd Sorabjee, Editor, Autocar India, Renuka Kirpalani, Executive Editor Video, Autocar India, Sergius Barretto, Managing Editor, Autocar India, Amit Kumar, CEO, OLX Autos India, Armaan Ebrahim, Car Racer, Hemal N Thakkar, Director, CRISIL and Ravi Bhatia, President and Director of JATO Dynamics India. The jury round for the awards was held recently.
Marking the announcement of the inaugural Pre-Owned Car Awards, Amit Kumar, CEO, OLX Autos India, said, “We are excited to partner with Autocar India, a leading automotive publication to present the ‘Pre-owned Car Awards 2022’. We are confident that this association will help establish our presence in this booming pre-owned car market and will further strengthen our consumers’ confidence & trust in this industry. Covering different auto categories including Hatchback, Sedan, SUV, MUV, etc, this award will help educate our customers with the best value for money deal across categories.”
Hormazd Sorabjee, Editor, Autocar India, further added, “The pre-owned market has certainly come of age with a plethora of choices that are genuinely good alternatives to a new car. The objective behind these awards is to guide our audience to make the best choice when shopping for a pre-owned car. We are thrilled to partner with OLX Autos which has a goldmine of data and a finger on the pulse of this fast-evolving sector.”
Excited? So are we! Stay tuned for more updates on this milestone event.