Global Used Cars Market Size & Share to 2027

A used car is also referred as pre-owned car or secondhand car which was previously owned by one or more retail owners. These cars are sold through traditional walk-in used stores, independent vehicle dealers, and online platforms. The increase in demand for luxury cars, shorter ownership periods, and a growing preference of two-wheeler owners to upgrade to small and compact cars are propelling the market growth.

Market Drivers

Growing demand for the vehicle subscription services from the past few years which expected to boost the global used cars market growth. A vehicle subscription service defined as an alternative to owning or leasing a vehicle. By opting for a subscription service for a car, a consumer can use a car on a monthly basis by paying monthly fees, which include insurance, maintenance, and roadside assistance. The inability of customers to buy new vehicle became one of the reasons for growing the investments made by key players to generate their dealership network in the market. These networks help market key players to brand and make used car options viable. Furthermore, rapid change in technology or the introduction of new models at short intervals allows customers to sell or exchange their old car with a new one.

Market Restraints

Lack of consumer trust is a main challenging factor which expected to hamper the global used cars market growth over the forecast period. Also, expansion of car-sharing services may limit the global used cars market growth.

Market Segmentation

The Global Used Cars Market is segmented into vehicle type such as Electric, Conventional, and Hybrid, by vendor type such as Organized, and Unorganized, by fuel type such as Petrol, Diesel, and Others. Further, market is segmented into sales channel such as Online, and Offline.

Also, the Global Used Cars Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as AutoNation Inc., Asbury Automotive Group, Alibaba.com, Cox Automotive, CarMax Business Services, LLC, eBay Inc., Group 1 Automotive Inc., Hendrick Automotive Group, LITHIA Motor Inc., Scout24 AG, TrueCar, Inc., etc.

Market Taxonomy

By Vehicle Type

Electric
Conventional
Hybrid

By Vendor Type

Organized
Unorganized

By Fuel Type

Petrol
Diesel
Others

By Sales Channel

Online
Offline

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

Key Questions Addressed by the Report

What are the Key Opportunities in Global Used Cars Market?
What will be the growth rate from 2019 to 2027?
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the competitive Landscape in the Industry?
What is the role of key players in the value chain?
What are the strategies adopted by key players?

1 Introduction

1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope

2 Research Methodology

2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources

3 Executive Summary

4 Global Used Cars Market Outlook

4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis

5 Global Used Cars Market, By Vehicle Type

5.1 Y-o-Y Growth Comparison, By Vehicle Type
5.2 Global Used Cars Market Share Analysis, By Vehicle Type
5.3 Global Used Cars Market Size and Forecast, By Vehicle Type
5.3.1 Electric
5.3.2 Conventional
5.3.3 Hybrid

6 Global Used Cars Market, By Vendor Type

6.1 Y-o-Y Growth Comparison, By Vendor Type
6.2 Global Used Cars Market Share Analysis, By Vendor Type
6.3 Global Used Cars Market Size and Forecast, By Vendor Type
6.3.1 Organized
6.3.2 Unorganized

7 Global Used Cars Market, By Fuel Type

7.1 Y-o-Y Growth Comparison, By Fuel Type
7.2 Global Used Cars Market Share Analysis, By Fuel Type
7.3 Global Used Cars Market Size and Forecast, By Fuel Type
7.3.1 Petrol
7.3.2 Diesel
7.3.3 Others

8 Global Used Cars Market, By Sales Channel

8.1 Y-o-Y Growth Comparison, By Sales Channel
8.2 Global Used Cars Market Share Analysis, By Sales Channel
8.3 Global Used Cars Market Size and Forecast, By Sales Channel
8.3.1 Online
8.3.2 Offline

9 Global Used Cars Market, By Region

9.1 Global Used Cars Market Share Analysis, By Region
9.2 Global Used Cars Market Share Analysis, By Region
9.3 Global Used Cars Market Size and Forecast, By Region

10 North America Used Cars Analysis and Forecast (2020 - 2027)

10.1 Introduction
10.2 North America Used Cars Product Market Share Analysis, By Vehicle Type
10.3 North America Used Cars Product Market Size and Forecast, By Vendor Type
10.4 North America Used Cars Product Market Size and Forecast, By Fuel Type
10.5 North America Used Cars Product Market Size and Forecast, By Sales Channel
10.6 North America Used Cars Product Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico

11 Europe Used Cars Market Analysis and Forecast (2020 - 2027)

11.1 Introduction
11.2 Europe Used Cars Product Market Share Analysis, By Vehicle Type
11.3 Europe Used Cars Product Market Size and Forecast, By Vendor Type
11.4 Europe Used Cars Product Market Size and Forecast, By Fuel Type
11.5 Europe Used Cars Product Market Size and Forecast, By Sales Channel
11.6 Europe Used Cars Product Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe

12 Asia Pacific Used Cars Market Analysis and Forecast (2020 - 2027)

12.1 Introduction
12.2 Asia Pacific Used Cars Product Market Share Analysis, By Vehicle Type
12.3 Asia Pacific Used Cars Product Market Size and Forecast, By Vendor Type
12.4 Asia Pacific Used Cars Product Market Size and Forecast, By Fuel Type
12.5 Asia Pacific Used Cars Product Market Size and Forecast, By Sales Channel
12.6 Asia Pacific Used Cars Product Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific

13 Latin America Used Cars Market Analysis and Forecast (2020 - 2027)

13.1 Introduction
13.2 Latin America Used Cars Product Market Share Analysis, By Vehicle Type
13.3 Latin America Used Cars Product Market Size and Forecast, By Vendor Type
13.4 Latin America Used Cars Product Market Size and Forecast, By Fuel Type
13.5 Latin America Used Cars Product Market Size and Forecast, By Sales Channel
13.6 Latin America Used Cars Product Market Size and Forecast, By Country

14 Middle East Used Cars Market Analysis and Forecast (2020 - 2027)

14.1 Introduction
14.2 Middle East Used Cars Product Market Share Analysis, By Vehicle Type
14.3 Middle East Used Cars Product Market Size and Forecast, By Vendor Type
14.4 Middle East Used Cars Product Market Size and Forecast, By Fuel Type
14.5 Middle East Used Cars Product Market Size and Forecast, By Sales Channel
14.6 Middle East Used Cars Product Market Size and Forecast, By Country

15 Competitive Analysis

15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies

16 Company Profiles

16.1 AutoNation Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Asbury Automotive Group
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Alibaba.com
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Cox Automotive
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 CarMax Business Services, LLC
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 eBay Inc
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Group 1 Automotive Inc
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Hendrick Automotive Group
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 LITHIA Motor Inc
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Scout24 AG
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 TrueCar, Inc
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies