chennai demand for preused two wheelers are vrooming as customers look for bargain buys in the run up to the festival season according to preused auto marketers sales of used two wheelers is being fuelled by demand from semi urban and rural markets which have been hit hard by the pandemic used two wheeler particularly motorcycle demand is now on par with used cars as pennypinching customers find the current price tags on new models too expensive ashutosh pandey ceo mahindra first choice wheels said over the last threefour months there has been a spurt in demand for used twowheelers in the smaller markets especially the rural ones the growth mainly is on account of two reasons increased preference for personal transportation as the country comes out of the pandemic and price hikes in new twowheelerspandey added in the markets we operate in used twowheelers and used cars are growing at a similar pace of 1518 over last year as our stores make inroads into smaller towns we are witnessing lots of consumer interest in used twowheelers and electric vehiclesdittoed amit kumar ceo olx group on olx autos in the last three months both demand and supply of preowned twowheelers from tier 3 cities saw an increase of 13 he said on the supply side the top brands and models were bajaj pulsar and tvs apache rtr whereas on the demand side bajaj pulsar and hero splendor were the more popular brands he addedused auto marketers say a combination of factors are responsible for this trend first rising raw material prices prompted two wheeler companies to take multiple price hikes over and above the sharp markup due to bs6 vinay sanghi founderchairman of multichannel auto platform cartrade tech said the used two wheeler market has been very strong because over the last two years of the pandemic the biggest hit has been on two wheelers this segment was badly hit by the increase in third party insurance increase in fuel cost and repeated price hikes taken by two wheeler companies this has led to a demand transfer towards used vehicles