FEATURED COMPANIES
- Andre Motors
- BMW premium select
- Hyundai Autosafe
- Mobil123
- OLX
- Toyota Trust
The report titled “Indonesia Used Car Market Outlook to 2023- Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales“ provides a comprehensive analysis of used car/ pre-owned car services in Indonesia. The report focuses on overall market size, segmentation by market structure (unorganized and organized sector), by unorganized distribution channel of (C2C and local dealership) and organized distribution channel (multi brand dealership, repossessed cars, OEM Certified outlet) ,by unorganized and organized lead generation source (dealership walking, online auto portal), by type of used cars (MPV/Sedan, Economy/Hatchback, SUV) , sales by major cities (Jakarta, Surabaya, Medan, Bandung and others), by type of used passenger cars (Private/Commercial), by kilometers driven, by year of manufacture, by fuel type (gasoline, diesel and others). The report also covers the overall competitive landscape; government role and regulations, issues and challenges, trends and developments. The report concludes with market projections for future, highlighting the major opportunities and cautions.
Indonesia Used Car Market Overview and Size
The used car industry in Indonesia had a lack of transparency and customer assurance which made used car buying risky in the country. Previously, people used to prefer buying used cars in Indonesia on the basis of suggestions given by friends and families which were not up to the mark in terms of quality check. The market was dominated with numerous unorganized used car dealers (consisting of local dealerships, local vendors and others) that provided second hand cars at cheaper rates and it benefited the price sensitive customers within Indonesia. The biggest evolution can be seen via the organized structure which constitutes multi-brand organized showrooms and OEM certified dealerships that provide numerous used car brands which are subsidiaries of international automobile brands. Growing smartphone and internet penetration in Indonesia led to emergence of online auto classified portals such as OLX, Mobil123, Carmudi, Mobil88, Oto.com, BeliMobilGue and others which have created a trading platform where both potential buyers and sellers can visit and indulge in a C2C transaction from the convenience of their home. The market has attained speedy growth over the period of five years from 2013 to 2018. The demand for used cars has seen a constant rise over the past few years.
Indonesia Used Cars Market Segmentation
Organized - Within the organized space, multi-brand showrooms and OEM certified outlets took had a massive market share in terms of sales volume whereas, the remaining volume share was captured by the bank repossessed cars segment during the year 2018
Competitive Landscape in Indonesia Used Cars Market
Competition within Indonesia used cars market was observed to be highly fragmented with the presence of large number of local dealerships, small mechanics and individual sellers, which collectively makes up the unorganized space. Majority of the used cars market in terms of sales volume was observed to be highly unorganized. On the other hand, the market constitutes of the organized players like Mobil88, Tunas, Andre Motors Auto2000, Sun star motors. There are OEM certified players too such as Toyota Trust, Autosafe, Mercedes Certified, BMW premium selection. The online lead generation happened through major online auto portals such as OLX, Carmudi, Mobil123 and others. Certification and authentication, brand, price, mileage and performance, engine quality / power and total number of dealers are some of the critical parameters on the basis of which companies compete in the organized segment.
Indonesia Used Cars Market Future Outlook and Projections
It is anticipated that the used cars market in Indonesia will continue to grow in the coming years as used vehicles are much cheaper to purchase than a new one. The used car industry in Indonesia is likely to witness vibrant growth in terms of sales volume in 2023E years owing to introduction of new car variants along with the rising aspirations of low and middle income consumers in the country. Stabilization of macro-economic variables and overall improvement in standard of living in low income regions including Lampung, Denpasar and Palembang is projected to boost sales in the used car market. The market is expected to be driven by higher sales of luxury cars and MPV’s due to the increasing brand consciousness coupled with the growth in number of families.
Key Segments Covered:
Market Structure
Type of used cars
Type of Used passenger cars
Kilometers driven
Year of manufacture
Fuel Type
Key Target Audience:
Time Period Captured in the Report:
Companies Covered:
Key Topics Covered in the Report:
1. Executive Summary
2. Research Methodology
3. Indonesia Used Cars Market Overview and Genesis
4. Business Models Prevalent in Indonesia Used Cars Market
5. Indonesia Used Car Market Size, 2013-2018
6. Ownership Transfer Registration for Cars in Indonesia
7. Indonesia Used Car Market Segmentation
8. Customer Profile in Indonesia Used Car Industry
9. Decision Making Process For Buying and Selling Used Cars in Indonesia
10. Government Regulation in Indonesia Used Car Market
11. Trends and Developments in Indonesia Used Car Market
12. Issues and Challenges in Indonesia Used Car Market
13. Comparative Landscape in Indonesia Used Cars Market
14. Indonesia Used Car Market Future Outlook and Projections, 2019-2023
15. Analyst Recommendations for Indonesia Used Cars Market
16. Macroeconomic Factors Affecting Indonesia Used Cars Market, 2013-2023
Indonesia Used Car Market Overview and Size
The used car industry in Indonesia had a lack of transparency and customer assurance which made used car buying risky in the country. Previously, people used to prefer buying used cars in Indonesia on the basis of suggestions given by friends and families which were not up to the mark in terms of quality check. The market was dominated with numerous unorganized used car dealers (consisting of local dealerships, local vendors and others) that provided second hand cars at cheaper rates and it benefited the price sensitive customers within Indonesia. The biggest evolution can be seen via the organized structure which constitutes multi-brand organized showrooms and OEM certified dealerships that provide numerous used car brands which are subsidiaries of international automobile brands. Growing smartphone and internet penetration in Indonesia led to emergence of online auto classified portals such as OLX, Mobil123, Carmudi, Mobil88, Oto.com, BeliMobilGue and others which have created a trading platform where both potential buyers and sellers can visit and indulge in a C2C transaction from the convenience of their home. The market has attained speedy growth over the period of five years from 2013 to 2018. The demand for used cars has seen a constant rise over the past few years.
Indonesia Used Cars Market Segmentation
- By Market Structure
- By Distribution Channel
Organized - Within the organized space, multi-brand showrooms and OEM certified outlets took had a massive market share in terms of sales volume whereas, the remaining volume share was captured by the bank repossessed cars segment during the year 2018
- By Type of Used Car
- By Major Cities
- By Kilometers driven
Competitive Landscape in Indonesia Used Cars Market
Competition within Indonesia used cars market was observed to be highly fragmented with the presence of large number of local dealerships, small mechanics and individual sellers, which collectively makes up the unorganized space. Majority of the used cars market in terms of sales volume was observed to be highly unorganized. On the other hand, the market constitutes of the organized players like Mobil88, Tunas, Andre Motors Auto2000, Sun star motors. There are OEM certified players too such as Toyota Trust, Autosafe, Mercedes Certified, BMW premium selection. The online lead generation happened through major online auto portals such as OLX, Carmudi, Mobil123 and others. Certification and authentication, brand, price, mileage and performance, engine quality / power and total number of dealers are some of the critical parameters on the basis of which companies compete in the organized segment.
Indonesia Used Cars Market Future Outlook and Projections
It is anticipated that the used cars market in Indonesia will continue to grow in the coming years as used vehicles are much cheaper to purchase than a new one. The used car industry in Indonesia is likely to witness vibrant growth in terms of sales volume in 2023E years owing to introduction of new car variants along with the rising aspirations of low and middle income consumers in the country. Stabilization of macro-economic variables and overall improvement in standard of living in low income regions including Lampung, Denpasar and Palembang is projected to boost sales in the used car market. The market is expected to be driven by higher sales of luxury cars and MPV’s due to the increasing brand consciousness coupled with the growth in number of families.
Key Segments Covered:
Market Structure
- Unorganized Sector
- Organized Sector
- Distribution Channel
- Unorganized(Local dealership,C2C)
- Organized (Multi-brand dealership and OEM certified, Repossessed cars)
- Unorganized and Organized lead generation source
- Dealership Walk-ins
- Online Auto Portal
Type of used cars
- MPVs/Sedan
- Economy/Hatchback
- SUV
- Sales by major cities
- Jakarta
- Surabaya
- Medan
- Bandung
- Others
Type of Used passenger cars
- Private
- Commercial
Kilometers driven
- >5000
- 5000-20000
- 20000-50000
- 50000-80000
- 80000-120000
- 120000 and above
Year of manufacture
- Before 2000
- 2000-2002
- 2003-2005
- 2006-2008
- 2009-2012
- 2013-2018
Fuel Type
- Gasoline
- Diesel
- Others(Hybrid, electrical, CNG)
Key Target Audience:
- Automobile Companies
- OEM certified companies
- Online Classifieds
- Multi Brand Organized Car Dealers
Time Period Captured in the Report:
- Historical Period- 2013-2018
- Forecast Period- 2019-2023
Companies Covered:
- Multi-brand Dealerships (Mobil88, Andre Motors, Auto2000,Tunas,Sun Star motors and others)
- OEM Certified Dealerships (Toyota Trust, Hyundai Autosafe, Mercedes certified, BMW premium select)
- Online auto portals (OLX, Mobil123, Carmudi, Mobil88, OTO others)
Key Topics Covered in the Report:
1. Executive Summary
2. Research Methodology
3. Indonesia Used Cars Market Overview and Genesis
4. Business Models Prevalent in Indonesia Used Cars Market
5. Indonesia Used Car Market Size, 2013-2018
6. Ownership Transfer Registration for Cars in Indonesia
7. Indonesia Used Car Market Segmentation
8. Customer Profile in Indonesia Used Car Industry
9. Decision Making Process For Buying and Selling Used Cars in Indonesia
10. Government Regulation in Indonesia Used Car Market
11. Trends and Developments in Indonesia Used Car Market
12. Issues and Challenges in Indonesia Used Car Market
13. Comparative Landscape in Indonesia Used Cars Market
14. Indonesia Used Car Market Future Outlook and Projections, 2019-2023
15. Analyst Recommendations for Indonesia Used Cars Market
16. Macroeconomic Factors Affecting Indonesia Used Cars Market, 2013-2023
FEATURED COMPANIES
- Andre Motors
- BMW premium select
- Hyundai Autosafe
- Mobil123
- OLX
- Toyota Trust
1. Executive Summary3. Indonesia Used Cars Market Overview and Genesis5. Indonesia Used Car Market Size, 2013-20236. Ownership Transfer Registration for Cars in Indonesia15. Analyst Recommendations for Indonesia Used Cars Market
2. Research Methodology
4. Business Models Prevalent in Indonesia Used Cars Market
7. Indonesia Used Car Market Segmentation
8. Customer Profile in Indonesia Used Car Industry
9. Decision Making Process For Buying and Selling Used Cars in Indonesia
10. Government Regulation in Indonesia Used Car Market
11. Trends and Developments in Indonesia Used Car Market
12. Issues and Challenges in Indonesia Used Car Market
13. Comparative Landscape in Indonesia Used Cars Market
14. Indonesia Used Car Market Future Outlook and Projections, 2019-2023
16. Macroeconomic Factors Affecting Indonesia Used Cars Market, 2013-2023
List of Figures
List of Tables
A selection of companies mentioned in this report includes:
- Mobil88
- Andre Motors
- Auto2000
- Tunas
- Sun Star motors
- Toyota Trust
- Hyundai Autosafe
- Mercedes certified
- BMW premium select
- OLX
- Mobil123
- Carmudi