Autobest Emperio, a New Delhi-based premium automotive dealership, has doubled its inventory of pre-owned luxury electric vehicles in the last year, reflecting growing consumer interest in premium EV ownership through the used vehicle market. This segment now accounts for around 20-25% of the dealership’s total sales volume.
The increase in inventory is due to growing demand from buyers wanting access to high-end electric vehicles at significantly lower ownership costs. Since luxury EVs typically experience around 40-50% depreciation within their first two years, the pre-owned market is emerging as an attractive option for consumers looking to upgrade to premium electric mobility.
This trend has created an attractive value proposition, enabling buyers to purchase flagship luxury EV models at a price comparable to new entry-level luxury internal combustion engine (ICE) vehicles. As a result, the secondary luxury EV market is gaining traction among value-conscious customers looking for advanced technology, premium features and sustainable mobility without the high upfront costs associated with new vehicles.
Avneet Singh Kohli, Founder, Autobest Emperio said, “Luxury EV buyers today are more value conscious than ever before. Customers are willing to buy a 2-year-old premium EV if they are getting flagship technology, performance and luxury at almost half the original price. We are seeing a huge change in buyer mindset, especially in metro markets.”
The company said improvements in charging infrastructure and reduced range anxiety in major metros are driving adoption among affluent and tech-savvy buyers.
To strengthen customer confidence, Autobest Emperio has increased its focus on battery health certification and technology-supported vehicle diagnostics, as EV buyers continue to prioritize transparency around battery performance and long-term reliability.
The increasing demand is also influencing Autobest Emperio’s expansion strategy. The company’s Gurgaon expansion aims to strengthen its presence in Delhi-NCR, which remains the largest market for luxury EV adoption due to strong charging infrastructure, high corporate wealth concentration and rising premium EV penetration.
Apart from Delhi-NCR, cities like Mumbai, Bengaluru and Hyderabad are emerging as key growth markets for pre-owned luxury EVs.
Looking ahead, Autobest Emperio plans to increase the share of EVs in its overall inventory to approximately 50-60% over the next 12-18 months, driven by growing consumer acceptance and the increasing availability of premium EVs entering the secondary market.
