In the last two decades in Bangladesh, with the socio-economic development and increasing purchasing power of the middle and upper middle class, the trend of using private cars has also increased. From 2011 to 2021, the number of passenger cars increased at an average rate of more than 7 percent each year. With the increase in private car buying among customers, the trend of buying brand-new cars has also increased. In 2016, where 92 percent of cars were reconditioned, in 2020, it has reduced to 82 percent. Although JDM reconditioned, cars dominated the automobile market of Bangladesh for a long time. In this video, we will explore the tendency to buy brand-new cars among the people of Bangladesh.
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Video Sections:
00:00 - Introduction
01:17 - Bangladesh Brand New Car Market
07:27 - Reasons Behind Changing Behavior
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BEG AUTOS: cutt.ly/i1Ul0eU
Haval Bangladesh - Official: cutt.ly/91UlBls
Asian Imports: cutt.ly/H1UlLBN
Honda: cutt.ly/h1UlGLa
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