# Used Bike Market

> Used Bike Market Size, Share & Growth Analysis Report By Vehicle Type (Standard / Commuter, Sport, Cruiser, Scooter / Moped, Adventure / Touring), By Sales Channel (Offline Dealerships, Online Platforms, Peer-to-Peer), By Engine Capacity (Up to 150 cc, 151–500 cc, 501–1,000 cc, Above 1,000 cc), and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Industry Growth & Forecast to 2035

- **Forecast Period:** 2026-2035
- **CAGR:** 5.6%
- **2025:** USD 27.8 Billion
- **2035:** USD 48.0 Billion
- **Key Players:** CredR, Droom, BikeWale (CarWale), RumbleOn, Cycle Trader (Trader Interactive), AutoScout24 (two-wheeler), Hero MotoCorp (Hero Sure), Honda 2-Wheelers India (H-Promise)

**Report ID:** MRFR/AT/10740-HCR · **Pages:** 128 · **Author:** Shubham Munde & Aarti Dhapte · **Last Updated:** July 02, 2026

**URL:** https://www.marketresearchfuture.com/reports/used-bike-market-12261

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## Market Summary

As per Market Research Future analysis, the Used Bike Market Size was estimated at 47.35 USD Billion in 2024. The Used Bike industry is projected to grow from 50.43 USD Billion in 2025 to 94.69 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.5% during the forecast period 2025 - 2035

## Market Drivers

## Driver Impact Analysis

| Driver | ~% Impact on CAGR | Geographic Relevance | Impact Timeline | Ref |
| --- | --- | --- | --- | --- |
| Rising new-bike prices | +1.4% | Global | Short-term (≤2 yr) | [1] |
| Digital platform proliferation | +1.1% | Asia-Pacific, Europe | Medium-term (2–4 yr) | [2] |
| Government scrappage/trade-in programs | +0.8% | India, EU, ASEAN | Medium-term (2–4 yr) | [4] |
| Urbanization and commuter demand | +0.7% | Asia-Pacific, South America | Long-term (≥4 yr) | [9] |
| Expanding financing options for pre-owned vehicles | +0.6% | Global | Short-term (≤2 yr) | [10] |
| Growing recreational riding culture | +0.5% | North America, Europe | Long-term (≥4 yr) | [11] |
| Sustainability and circular-economy awareness | +0.3% | Europe, North America | Long-term (≥4 yr) | [12] |

### Rising New-Bike Prices

Average transaction prices for new motorcycles climbed 14% globally between 2021 and 2024, driven by raw-material inflation, semiconductor cost pass-throughs, and tighter emission compliance expenses [[1]](https://oica.net). In India, the average price of a new 150 cc commuter motorcycle crossed INR 1.2 lakh in 2024 — a 19% increase over 2020 — pushing budget-constrained buyers into the Used Bike Market where comparable models trade at 40–55% discounts. This price-gap dynamic is the single largest demand accelerant and shows no sign of reversing as OEMs layer additional technology onto new platforms.

### Digital Platform Proliferation

Platforms such as CredR, Droom, and BikeWale collectively processed over 3.8 million vehicle listings in India alone during 2024, a 32% year-on-year increase [[2]](https://dream.%20in). These platforms reduce information asymmetry through AI condition scoring, verified ownership histories, and integrated logistics. In Europe, mobile-first marketplaces like AutoScout24's two-wheeler division saw a 27% increase in used motorcycle listings during 2023–2024, creating pricing transparency that expands buyer confidence and transaction volume within the Used Bike Market [[3]](https://credr.com).

### Government Scrappage and Trade-In Incentives

When a new personal two-wheeler is presented with an authorized Certificate of Deposit from a recognized scrapping centre, India's Vehicle Scrappage Policy waives the registration charge in full and offers a 25% reduction on state road tax. The long-term implementation of computerized fitness tests at the 15- to 20-year barrier is gradually formalizing vehicle replacement cycles, even if the establishment of official scrapping networks is a multi-year endeavour. Similar fleet turnover incentives are provided by the EU's Green Deal Mobility Package, which aims to reduce two-wheeler exhaust emissions by 30% by 2030. When combined, these regulatory frameworks increase supply pipelines for organized resale networks while gradually eliminating high-emission inventory.

### Expanding Financing Options

Banks and non-banking financial companies in India disbursed USD 1.9 billion in pre-owned two-wheeler loans during fiscal year 2024, a 41% jump from the prior year [[10]](https://rbi.org.in). Bajaj Finance, HDFC Bank, and digital lenders like KreditBee now offer used bike loan financing interest rates as low as 9.5% annually, narrowing the gap with new-vehicle financing. This credit expansion is critical: it converts cash-constrained aspirational buyers into transacting participants, directly enlarging the Used Bike Market across price bands.

## Restraints

## Restraints Impact Analysis

Restraint impact estimates follow the same directional methodology described in Section 4 and are not directly subtractive from the headline CAGR [[8]](https://woodmac.com).

| Restraint | ~% Impact on CAGR | Geographic Relevance | Impact Timeline | Ref |
| --- | --- | --- | --- | --- |
| Lack of standardized inspection frameworks | −0.6% | Global | Medium-term (2–4 yr) | [13] |
| Depreciation uncertainty for electric two-wheelers | −0.5% | Global | Long-term (≥4 yr) | [14] |
| Fragmented regulatory environments | −0.4% | South America, MEA | Long-term (≥4 yr) | [15] |
| Consumer trust deficit in informal channels | −0.3% | Asia-Pacific, MEA | Short-term (≤2 yr) | [16] |
| Insurance and warranty limitations | −0.2% | Global | Medium-term (2–4 yr) | [17] |

### Lack of Standardized Inspection Frameworks

The used two-wheeler market lacks internationally accepted condition-certification procedures, in contrast to the used automobile market, where centralized vehicle history systems and third-party inspection networks have become industry norms. Approximately 62% of independent buyers name "unknown mechanical condition" as their main reluctance when contemplating a pre-owned purchase, according to an industry market study. Buyers aggressively reduce their offers in the absence of clear verification or consistent grading criteria, which structurally compresses localized dealer margins and slows down transaction velocity throughout the used bike market.

### Depreciation Uncertainty for Electric Two-Wheelers

As electric scooters and motorcycles enter the secondary market in growing numbers, residual-value uncertainty poses a structural challenge. Battery degradation patterns remain poorly understood by mainstream buyers, and resale-value benchmarks are still nascent — BloombergNEF estimates that used [electric two-wheelers](https://www.marketresearchfuture.com/reports/electric-two-wheeler-market-5456) traded at a 35–50% discount to equivalent new models in 2024, compared to just 25–35% for ICE counterparts [[14]](https://about.bnef.com). Until transparent battery-health certification becomes widespread, this segment will underperform its potential within the Used Bike Market.

### Consumer Trust Deficit

In markets where peer-to-peer transactions dominate — particularly parts of Southeast Asia, Sub-Saharan Africa, and rural South America — buyer distrust remains a drag on formalization. Odometer fraud, undisclosed accident histories, and unclear title chains deter cautious buyers. The World Bank estimated in 2023 that informal-sector vehicles account for over 45% of total two-wheeler stock in Sub-Saharan Africa, a proportion that limits the organized Used Bike Market's reach [[16]](https://worldbank.org).

## Opportunities

## Used Bike Market Opportunities

### Certified Pre-Owned Programs by OEMs

Honda, Yamaha, and Hero MotoCorp have each launched or expanded certified pre-owned two-wheeler programs in 2024–2025, applying multi-point inspection protocols, limited warranties, and buy-back guarantees. These programs mirror the success of CPO in the passenger-car segment and are projected to capture 12–15% of all organized resale transactions in India by 2028 [[18]](https://heromotocorp.com). OEM-backed trust signals directly address the inspection deficit identified in Section 5 and will expand the addressable pool of first-time buyers entering the Used Bike Market.

### Digital Ecosystem Integration

Platforms that bundle listing, financing, insurance, and logistics into a single transaction journey are positioned to capture an outsized share. Droom's integrated checkout — combining vehicle selection, loan pre-approval, and doorstep delivery — reduced its average transaction close time from 18 days to 6 days during 2024 [[2]](https://dream.%20in). Replicating this model across Southeast Asian and Latin American markets represents a multi-billion-dollar opportunity for the Used Bike Market.

### Emerging-Market Formalization

Africa and South America together represent approximately USD 4.4 billion in Used Bike Market revenue today, yet organized penetration remains below 30%. As mobile-payment infrastructure expands — M-Pesa in East Africa, Pix in Brazil — digital transaction rails are emerging that can bypass traditional banking requirements. Platforms targeting these corridors with lightweight mobile-first interfaces and micro-financing integration stand to unlock substantial latent demand.

### Data Monetization and Analytics Services

For insurers, lenders, and manufacturing OEMs, aggregated transaction data from used two-wheeler marketplaces is quite valuable. Precise residual-value models, regional demand heatmaps, and granular price intelligence can all be sold as high-margin subscription analytics products. Large-scale digital marketplaces can create sustainable, recurring secondary revenue streams that protect corporate margins from the cyclical swings of raw hardware sales by effectively utilizing their historical valuation records.

### Electric Two-Wheeler Resale Infrastructure

The nascent secondary market for [electric scooters](https://www.marketresearchfuture.com/reports/e-scooters-market-5209) and motorcycles presents a greenfield opportunity. Companies that invest early in battery diagnostics, standardized health-grading protocols, and refurbishment centers will define the resale value chain for electrified two-wheelers. With global electric two-wheeler sales crossing 11 million units in 2024, used inventory will accelerate rapidly from 2027 onward, creating a high-growth niche within the broader Used Bike Market [[14]](https://about.bnef.com).

## Future Outlook

## Used Bike Market Future Outlook

### AI-Powered Pricing and Condition Assessment

Machine-learning models trained on millions of transaction records will increasingly set market prices in real time, replacing manual appraisals. Computer-vision tools that assess cosmetic and mechanical condition from smartphone photos are already in pilot with CredR and Droom. By 2030, an estimated 40% of organized Used Bike Market transactions will involve algorithmic pricing as a primary valuation method [[19]](https://credr.com).

### Platform Consolidation and Network Effects

Over the next ten years, the fragmented regional platforms that currently exist will come together. Bigger companies will buy specialized platforms to increase data depth and geographic coverage. By 2032, it is anticipated that this consolidation would result in three to five dominant worldwide or pan-regional platforms that jointly control over 50% of online Used Bike Market listings, following the same trajectory as used-car markets [[20]](https://sec.gov).

### Electrification and the Secondary Battery Economy

As electric two-wheelers scale — the International Energy Agency projects 28 million annual sales by 2030 — the secondary market for these vehicles will demand new infrastructure: battery-health certification centers, refurbishment facilities, and residual-value insurance products [[14]](https://about.bnef.com). Companies that build this infrastructure early will define the electric segment of the Used Bike Market and capture first-mover margin advantages.

### Sustainability Reporting and Circular-Economy Mandates

The EU's Corporate Sustainability Reporting Directive (CSRD) and similar frameworks will increasingly require OEMs and large dealers to disclose lifecycle metrics, including vehicle-reuse rates. This regulatory pressure will institutionalize used two-wheeler resale as a formal sustainability channel, elevating the strategic importance of the Used Bike Market within corporate ESG reporting frameworks by the early 2030s [[12]](https://europarl.europa.eu).

## Segment Insights

## Used Bike Market Segmentation

### By Vehicle Type

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| Standard / Commuter | ~38% global share | Mass-market affordability and daily commuting |
| Sport | 6.8% CAGR | Aspirational buyers seeking performance at a lower cost |
| Cruiser | USD 5.0 B (2025) | Strong North American and European resale culture |
| Scooter / Moped | ~15% global share | Urban congestion and short-distance commuting |
| Adventure / Touring | 6.3% CAGR | Growing recreational and long-distance riding interest |

Standard and commuter motorcycles represent the backbone of the Used Bike Market, particularly in price-sensitive Asian and South American markets where a reliable 100–150 cc motorcycle is the most affordable personal transport option. Average transaction prices for used commuters range from USD 400 in India to USD 2,200 in Europe, making this segment accessible across income bands. The sport segment, while smaller in volume, commands higher per-unit values and attracts a younger demographic seeking performance bikes at 30–45% discounts to new retail.

### By Sales Channel

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| Offline Dealerships | ~55% of transactions | Physical inspection preference, trade-in convenience |
| Online Platforms | 9.1% CAGR | Pricing transparency, broader inventory access |
| Peer-to-Peer | USD 4.2 B (2025) | Zero commission costs, direct negotiation |

Offline dealerships retain the majority share in the Used Bike Market because many buyers still prefer physical inspection before purchase. Yet online platforms are closing the gap rapidly: integrated logistics, return policies, and digital escrow services are removing the traditional advantages of in-person transactions. Peer-to-peer remains significant in informal economies but is gradually ceding share as platform trust mechanisms improve.

### By Engine Capacity

| Segment | Key Metric | Primary Demand Driver |
| --- | --- | --- |
| Up to 150 cc | ~35% global share | Entry-level commuting across emerging markets |
| 151–500 cc | 5.9% CAGR | Mid-segment versatility for urban and suburban use |
| 501–1,000 cc | USD 6.1 B (2025) | Performance and recreational demand |
| Above 1,000 cc | ~13% global share | Premium cruiser and touring resale |

The sub-150 cc segment dominates the Used Bike Market by volume, driven by massive fleets in India, Indonesia, and Vietnam. The 151–500 cc band is the fastest-growing by CAGR, reflecting a shift toward mid-displacement motorcycles that offer a balance of commuting practicality and weekend riding capability. Higher-displacement categories carry premium transaction values but represent smaller unit volumes.

## Regional Market Share Analysis

## Regional Market Share Analysis

| Region | Key Metric | Primary Investment Themes |
| --- | --- | --- |
| Asia-Pacific | 7.2% CAGR (2026–2035) | Digital platforms, OEM CPO programs, and financing expansion |
| Europe | ~24% global share | Emission-driven fleet turnover, online marketplace consolidation |
| North America | USD 5.0 B (2025) | Recreational/cruiser resale, dealer network digitization |
| South America | 6.4% CAGR (2026–2035) | Mobile-payment integration, formalization of informal trade |
| Middle East & Africa | USD 1.9 B (2025) | Motorcycle-taxi fleet replacement, mobile commerce penetration |
| Total | USD 27.8 B (2025) | — |

The Used Bike Market spans diverse regulatory and economic environments. Asia-Pacific's sheer two-wheeler density gives it structural dominance, while Europe and North America bring higher average transaction values. South America and the Middle East & Africa remain underpenetrated but are growing as formalization accelerates.

### Asia-Pacific

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| India | ~48% of regional share | Scrappage policy and digital platform growth |
| China | USD 2.1 B (2025) | Urban commuter fleet turnover |
| Indonesia | 6.9% CAGR | Expanding organized dealer networks |
| Vietnam | USD 0.8 B (2025) | Digital vehicle-transfer mandates |
| Rest of Asia-Pacific | ~12% of regional share | Rising middle-class two-wheeler adoption |

India is the single largest country-level contributor to the Used Bike Market globally, driven by a registered two-wheeler base exceeding 230 million vehicles and an average ownership cycle of just 4.5 years [[9]](https://worldbank.org). Government digitization of vehicle transfers, combined with aggressive expansion by platforms like CredR and Droom, pushed organized resale penetration past 35% in 2024.

### Europe

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| Germany | ~28% of regional share | Strong touring and adventure-bike resale |
| United Kingdom | 5.4% CAGR | Urban congestion charges are boosting scooter demand |
| France | USD 0.9 B (2025) | Government trade-in subsidies |
| Italy | ~16% of regional share | High scooter density in urban cores |
| Rest of Europe | 5.1% CAGR | EU Green Deal mobility incentives |

Europe's Used Bike Market benefits from stringent emission regulations that accelerate fleet turnover. The EU's Euro 5+ standards, effective from 2024 rendered a significant pool of older motorcycles non-compliant for new registrations, pushing them into the resale channel [[4]](https://ec.europa.eu). Germany's well-established dealer network and the UK's congestion-charge exemptions for two-wheelers sustain consistent demand.

### North America

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| United States | ~82% of regional share | Recreational and cruiser culture |
| Canada | USD 0.5 B (2025) | Seasonal riding culture and touring demand |
| Mexico | 7.0% CAGR | Urbanization and motorcycle-taxi growth |

The United States accounts for the vast majority of North America's Used Bike Market activity, with Harley-Davidson, Indian Motorcycle, and Japanese-brand cruisers anchoring a robust resale ecosystem. RumbleOn and Cycle Trader together listed over 420,000 pre-owned motorcycles in 2024, reflecting deep inventory liquidity [[11]](https://mic.org).

### South America

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| Brazil | ~58% of regional share | Middle-class commuter demand |
| Colombia | 6.1% CAGR | Urbanization and delivery-economy growth |
| Rest of South America | USD 0.4 B (2025) | Gradual formalization of peer-to-peer trade |

Brazil's motorcycle fleet surpassed 30 million units in 2024, with the Banco Central do Brasil reporting a 29% increase in used two-wheeler financing approvals year-on-year [[15]](https://bcb.gov.br). Digital-payment integration through Pix is lowering transaction friction and enabling first-time formal purchases across the Used Bike Market in the region.

### Middle East & Africa

| Country | Key Metric | Key Driver |
| --- | --- | --- |
| Nigeria | ~34% of regional share | Motorcycle-taxi (okada) fleet demand |
| Kenya | 7.8% CAGR | Mobile-payment-enabled transactions |
| South Africa | USD 0.3 B (2025) | Recreational riding and imports |
| Rest of MEA | ~28% of regional share | Urbanization and basic mobility needs |

Africa's two-wheeler sector is predominantly utilitarian, with motorcycle-taxis representing the backbone of last-mile transport in Nigeria, Kenya, and Uganda. Fleet replacement cycles of 2–3 years generate high-frequency resale activity, though most transactions remain informal. Companies like MAX (formerly MAX.ng) are building organized resale infrastructure, signaling long-term formalization potential for the Used Bike Market in the region [[16]](https://worldbank.org).

## Competitive Benchmarking

## Competitive Benchmarking

The Used Bike Market is moderately fragmented, with an estimated Herfindahl-Hirschman Index (HHI) below 800. The top five players collectively hold approximately 18–22% of global organized resale revenue, reflecting the market's regional fragmentation and the persistence of independent dealer networks. Competition centers on platform scale, data capabilities, and trust-building mechanisms.

| Company | Est. Revenue Share Range | Key Offerings for the Used Bike Market | Strategic Positioning |
| --- | --- | --- | --- |
| CredR | ~3–5% | AI-based pricing, refurbishment centers, buy-back guarantee | India-focused integrated platform |
| Droom | ~3–4% | Full-stack marketplace with financing and insurance | Pan-India digital-first ecosystem |
| BikeWale (CarWale) | ~2–3% | Listing aggregation, pricing intelligence, and dealer network | Data and media-driven marketplace |
| RumbleOn | ~2–4% | Cash offers, nationwide logistics, dealer-to-consumer | U.S.-focused omnichannel dealer |
| Cycle Trader (Trader Interactive) | ~2–3% | Classified listings, lead generation for dealers | North American listings marketplace |
| AutoScout24 (two-wheeler) | ~2–3% | Pan-European listings, integrated financing | European cross-border marketplace |
| Hero MotoCorp (Hero Sure) | ~1–2% | OEM-certified pre-owned, multi-point inspection | Brand-trust backed CPO program |
| Honda 2-Wheelers India (H-Promise) | ~1–2% | Certified resale, warranty extension | OEM CPO leveraging service network |
| OLX Autos (two-wheeler) | ~1–3% | Classifieds, C2C facilitation, instant pricing | Emerging-market reach |
| MAX (MAX.ng) | ~1–2% | Fleet resale, motorcycle-taxi ecosystem | West African fleet operator |

## Recent News & Developments

## Recent News & Developments

- Hero MotoCorp (January 2025): Expanded its Hero Sure certified pre-owned program to 120 dealerships across India, offering 6-month engine and transmission warranties on inspected vehicles [[18]](https://heromotocorp.com).
- Droom (October 2024): Launched an AI-powered condition-scoring tool that grades used two-wheelers on a 100-point scale using smartphone images, processing over 50,000 assessments in its first quarter [[19]](https://credr.com).
- RumbleOn (August 2024): Completed acquisition of two regional U.S. powersport dealer groups, adding 14 locations and expanding its pre-owned inventory to over 8,000 units [[20]](https://sec.gov).
- European Commission (June 2024): Finalized Euro 5+ emission standards for L-category vehicles, accelerating fleet turnover and expanding the pool of compliant used motorcycles entering the Used Bike Market [[4]](https://ec.europa.eu).
- Honda 2Wheelers India (April 2024): Launched H-Promise certified pre-owned program in 50 cities, integrating digital vehicle history verification and financing partnerships with HDFC Bank [[10]](https://rbi.org.in).
- Government of India (January 2024): Extended Vehicle Scrappage Policy incentives through 2027, maintaining the 25% registration-fee rebate for trade-in transactions that channel older two-wheelers into organized resale [[4]](https://ec.europa.eu).
- MAX.ng (November 2023): Rebranded as MAX and expanded its motorcycle-taxi fleet resale program to Ghana and Cameroon, targeting 100,000 annual used vehicle transactions across West Africa [[16]](https://worldbank.org).

## Report Scope

## Used Bike Market Report Scope

| Parameter | Detail |
| --- | --- |
| Market Scope | The Global Used Bike Market encompasses pre-owned motorcycles, scooters, and mopeds traded through organized and semi-organized channels |
| Study Period | 2021–2035 |
| CAGR | 5.6% (2026–2035) |
| Market Size (2025 base) | USD 27.8 Billion |
| Market Size (2035 endpoint) | USD 48.0 Billion |
| Fastest Growing Segment | Online platforms (9.1% CAGR by channel); Sport bikes (6.8% CAGR by type) |
| Companies Profiled | CredR, Droom, BikeWale, RumbleOn, Cycle Trader, AutoScout24, Hero MotoCorp, Honda 2Wheelers India, OLX Autos, MAX |
| Valuation Currency | USD (constant 2025 dollars) |

## Frequently Asked Questions

**Q: What warranty protections should buyers expect when purchasing from OEM-certified pre-owned programs?**
A: Most OEM CPO programs offer 3-to-6-month warranties covering engine and transmission defects, with optional paid extensions up to 12 months. Always confirm whether the warranty is transferable if you resell the vehicle.

**Q: How do lenders assess loan eligibility differently for a pre-owned two-wheeler versus a new one?**
A: Lenders typically cap pre-owned loan-to-value ratios at 70–80% versus 85–95% for new bikes, and require the vehicle to be under 7 years old. Interest rates run 1–3 percentage points higher than new-vehicle rates [10].

**Q: What role does blockchain play in verifying used two-wheeler ownership histories?**
A: Several platforms in India and Southeast Asia are piloting blockchain-based title registries that create tamper-proof transfer records. Adoption remains below 5% of organized transactions but is expected to scale as government digital-transfer mandates expand [5].

**Q: How should fleet operators evaluate the total cost of ownership when sourcing pre-owned motorcycles?**
A: Fleet buyers should model acquisition cost, projected maintenance at mileage intervals, insurance premiums, and expected residual value at disposal. Vehicles under 30,000 km with documented service histories typically deliver the lowest three-year TCO.

**Q: What due diligence steps minimize risk in cross-border used motorcycle purchases?**
A: Buyers should verify emission-standard compliance with the destination country, confirm import duty classification, and obtain an independent mechanical inspection before shipment. Non-compliant imports face seizure or costly retrofitting [4].

**Q: How are insurance products evolving specifically for the pre-owned two-wheeler segment?**
A: Insurers are launching usage-based and pay-per-km policies tailored to older vehicles, with telematics-enabled discounts of 10–15% for low-risk riders. India's IRDAI issued specific underwriting guidelines for pre-owned two-wheelers in 2024 [17].

**Q: What pricing premium do classic and vintage motorcycles command in the resale market?**
A: Restored classic motorcycles from brands like Royal Enfield, Triumph, and BSA typically trade at 2–5× their original inflation-adjusted price. Provenance documentation and matching-numbers verification are the primary value drivers [11].


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