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Used Car Dealers in Florida - Industry Market Research Report

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    Report

  • 29 Pages
  • December 2019
  • Region: United States
  • IBISWorld
  • ID: 4578388

Still cruising: Increased per captia disposable income and access to credit will spur revenue growth

Used Car Dealers in Florida

The Used Car Dealers industry in Florida relies heavily on consumers to drive revenue growth, and fluctuations in disposable income largely dictate the direction of the industry. Over the past five years, both per capita disposable income levels and access to credit increase and in turn, industry revenue followed suit, growing over the five years to 2017. Over the next five years, these trends are expected to continue, and revenue is forecast to grow, albeit at a slower rate. However, used car dealers are expected to continue to experience high levels of external competition from the New Car Dealers industry, as those operators increasingly turn to used car sales as a significant source of revenue.

This industry consists of establishments that sell used passenger vehicles, including passenger cars, light trucks, sport utility vehicles (SUVs) and passenger vans. Used car dealers also provide financing and insurance services. New car dealers that also sell used vehicles are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • CarMax Inc.
  • Morgan Auto Group
  • Off Lease Only
  • Enterprise Holdings Inc.

Methodology

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