Global Used Car Market By Vehicle Type, By Propulsion Type, By Sales Channel, By End-Use, By Region, Forecast & Opportunities, 2017- 2027F

Report
111 Pages
September 2022
Region: Global
TechSci Research
ID: 5648117

The Global Used Car Market Was Valued at USD 813.79 Billion in the Year 2021 and IT is Expected to Grow at a CAGR of 9.40% Through 2027

The global used car market was valued at USD 813.79 billion in the year 2021 and it is expected to grow at a CAGR of 9.40% through 2027 due to the shortage of semiconductors and microchips, which are limiting the production of new cars. At the global level, the demand for used cars is increasing as they are more cost-effective compared to new cars. All these reasons are expected to drive the global used car market in the upcoming five years.

The spread of the COVID-19 pandemic has affected the automotive industry in many ways. Due to COVID-19, many automotive companies have faced losses as the production capacity was halted due to the decrease in demand for new vehicles. To stop the spread of the pandemic, almost all the automotive factories, showrooms, and workshops were closed, resulting in a significant decline in production and sales of new cars across the globe. Many countries across the globe imposed lockdowns which adversely impacted the economic condition of most of the countries across Asia-Pacific and Middle-East & Africa regions. Owing to this, the lower-income buyer’s preference for used cars increased further over new cars.

Low Price of Used Cars

Over time, people’s standard of living across the globe has improved. Many people are willing to buy a private car to fulfil their daily mobility requirements. Nowadays more and more young people are showing interest toward purchasing a second-hand car, as the used car is more cost-effective as compared to a new car. While buying a used car buyers save a purchase tax compared to a new car. The price of a used car is almost 50% lower than a new car, which means that the price-performance ratio of a used car is sufficient over the new car. The subsequent value preservation rate for the used car is acceptable, at the time of buying the used car which has been driven for a year, its hedging rate does not fluctuate so much, which is completely acceptable. For all these reasons, used cars are exponentially more affordable than buying a new car.

Less Depreciation

Used cars have less depreciation rate than the new car. The moment when the new cars are driven by the owners, the value of the new car begins to depreciate. The value of a new car can depreciate by as much as 30% depending on the car. During the second and third years of a new car, the value depreciates at a much slower rate, from 5% to 8%. In the fourth year of a new car, the depreciation value jumps up to 15% as the warranties expire and mileage has accumulated. The used car depreciation rate is much less than the new car. Owing to the less depreciation rate in used cars, demand for used cars increased over the year in many countries of Asia-Pacific and in the Middle East and African, which is driving the global used car market.

Changing Consumer Perception

The good condition used cars are changing the mindset of buyers regarding new cars as the attractive value price offered by the used car is making the people buy the used car over the new car. When the COVID-19 pandemic started, governments of many countries had to restrict public gatherings and also reduce the availability of public transport. Due to less public transport availability, the demand for personal mobility increased, and used cars come as an attractive option for buyers as they are much cost-effective as compared to a new car. The increase in nuclearization and urbanization are also the key factors for the growth of the global used car market.

Suitable for new drivers to practice

When the newcomers buy a new car and drive it for the first time it can be risky for them as they may meet an accident. As they need to hone their driving skills, then a used car comes as a good option for them as the buying cost is low compared to new car. Used cars have many benefits over a new car owing to which the younger generation gets attracted toward the good condition used car. By increasing demand for used car among the buyer, the sales of used cars is expected to increase during the forecast period, thereby driving the global used car market.

Market Segmentation

The global used car market is segmented based on vehicle type, propulsion type, by sales channel, by end use, region, and competition. Based on vehicle type, the market is further segmented into hatchback, sedan, and SUV/MPV. Based on the propulsion type, the market is bifurcated into internal combustion engine and electric. Under vehicle type, sedan segment dominated the market with a total share of 35.12% in the year 2021 among the other vehicles. The Asia-Pacific region has the largest market share, accounting for 28.95% as of the year 2021.

Company Profiles

CarMax, Inc, AutoNation, Inc, Hendrick Automotive Group (North Carolina, U.S.), Penske Automotive Group, Inc, Arnold Clark Automobiles Limited, Others (Includes Maruti True Value, Guazi, Uxin Group, etc). These companies are among the major market players in used cars that lead the market growth of the global used car market.

Report Scope:

In this report, global used car market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Used Car Market, By Vehicle Type:

Sedan
SUV/MPV
Hatchback

Global Used Car Market, By Propulsion Type:

Internal Combustion Engine
Electric

Global Used Car Market, By Sales Channel:

Offline
Online

Global Used Car Market, By End Use:

Individual
Institutional

Global Used Car Market, By Region

Asia-Pacific
Europe
South America
North America
Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global used car market.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.

1. Product Overview2. Research Methodology3. Executive Summary4. Impact of COVID-19 on Global Used Car Market

5. Voice of Customer

5.1.1. Factors Influencing Purchase Decision
5.1.2. Sources of Information
5.1.3. Challenge/Unmet Needs

6. Global Used Car Market Outlook

6.1. Market Size & Forecast
6.1.1. By Volume and Value
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Hatchback, Sedan, SUV/MPV)
6.2.2. By Propulsion Type (Internal Combustion Engine, Electric)
6.2.3. By Sales Channel (Offline, Online)
6.2.4. By End Use (Individual, Institutional)
6.2.5. By Region
6.2.6. By Company (2021)
6.3. Market Map (By Vehicle Type, By Propulsion Type, By Sales Channel, By End Use, By Region)

7. Asia-Pacific Used Car Market Outlook

7.1. Market Size & Forecast
7.1.1. By Volume and Value
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Propulsion Type
7.2.3. By Sales Channel
7.2.4. By End Use
7.2.5. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Used Car Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Volume and Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Vehicle Type
7.3.1.2.2. By Propulsion Type
7.3.1.2.3. By Sales Channel
7.3.1.2.4. By End Use
7.3.2. Japan Used Car Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Volume and Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Vehicle Type
7.3.2.2.2. By Propulsion Type
7.3.2.2.3. By Sales Channel
7.3.2.2.4. By End Use
7.3.3. India Used Car Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Volume and Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Vehicle Type
7.3.3.2.2. By Propulsion Type
7.3.3.2.3. By Sales Channel
7.3.3.2.4. By End Use
7.3.4. South Korea Used Car Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Volume and Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Vehicle Type
7.3.4.2.2. By Propulsion Type
7.3.4.2.3. By Sales Channel
7.3.4.2.4. By End Use
7.3.5. Thailand Used Car Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Volume and Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Vehicle Type
7.3.5.2.2. By Propulsion Type
7.3.5.2.3. By Sales Channel
7.3.5.2.4. By End Use

8. Europe Used Car Market

8.1. Market Size & Forecast
8.1.1. By Volume and Value
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Propulsion Type
8.2.3. By Sales Channel
8.2.4. By End Use
8.2.5. By Country
8.3. Europe: Country Analysis
8.3.1. France Used Car Market
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Volume and Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Vehicle Type
8.3.1.2.2. By Propulsion Type
8.3.1.2.3. By Sales Channel
8.3.1.2.4. By End Use
8.3.2. Germany Used Car Market
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Volume and Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Vehicle Type
8.3.2.2.2. By Propulsion Type
8.3.2.2.3. By Sales Channel
8.3.2.2.4. By End Use
8.3.3. United Kingdom Used Car Market
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Volume and Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Vehicle Type
8.3.3.2.2. By Propulsion Type
8.3.3.2.3. By Sales Channel
8.3.3.2.4. By End Use
8.3.4. Italy Used Car Market
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Volume and Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Vehicle Type
8.3.4.2.2. By Propulsion Type
8.3.4.2.3. By Sales Channel
8.3.4.2.4. By End Use
8.3.5. Spain Used Car Market
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Volume and Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Vehicle Type
8.3.5.2.2. By Propulsion Type
8.3.5.2.3. By Sales Channel
8.3.5.2.4. By End Use

9. North America Used Car Market

9.1. Market Size & Forecast
9.1.1. By Volume and Value
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Propulsion Type
9.2.3. By Sales Channel
9.2.4. By End Use
9.2.5. By Country
9.3. North America: Country Analysis
9.3.1. United State Used Car Market
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Volume and Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Vehicle Type
9.3.1.2.2. By Propulsion Type
9.3.1.2.3. By Sales Channel
9.3.1.2.4. By End Use
9.3.2. Canada Used Car Market
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Volume and Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Vehicle Type
9.3.2.2.2. By Propulsion Type
9.3.2.2.3. By Sales Channel
9.3.2.2.4. By End Use
9.3.3. Mexico Used Car Market
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Volume and Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Vehicle Type
9.3.3.2.2. By Propulsion Type
9.3.3.2.3. By Sales Channel
9.3.3.2.4. By End Use

10. South America Used Car Market

10.1. Market Size & Forecast
10.1.1. By Volume and Value
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Propulsion Type
10.2.3. By Sales Channel
10.2.4. By End Use
10.2.5. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Used Car Market
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Volume and Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Vehicle Type
10.3.1.2.2. By Propulsion Type
10.3.1.2.3. By Sales Channel
10.3.1.2.4. By End Use
10.3.2. Argentina Used Car Market
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Volume and Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Vehicle Type
10.3.2.2.2. By Propulsion Type
10.3.2.2.3. By Sales Channel
10.3.2.2.4. By End Use
10.3.3. Colombia Used Car Market
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Volume and Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Vehicle Type
10.3.3.2.2. By Propulsion Type
10.3.3.2.3. By Sales Channel
10.3.3.2.4. By End Use

11. MEA Used Car Market

11.1. Market Size & Forecast
11.1.1. By Volume and Value
11.2. Market Share & Forecast
11.2.1. By Vehicle Type
11.2.2. By Propulsion Type
11.2.3. By Sales Channel
11.2.4. By End Use
11.2.5. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Used Car Market
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Volume and Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Vehicle Type
11.3.1.2.2. By Propulsion Type
11.3.1.2.3. By Sales Channel
11.3.1.2.4. By End Use
11.3.2. Turkey Used Car Market
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Volume and Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Vehicle Type
11.3.2.2.2. By Propulsion Type
11.3.2.2.3. By Sales Channel
11.3.2.2.4. By End Use
11.3.3. Iran Used Car Market
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Volume and Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Vehicle Type
11.3.3.2.2. By Propulsion Type
11.3.3.2.3. By Sales Channel
11.3.3.2.4. By End Use
11.3.4. UAE Used Car Market
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Volume and Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Vehicle Type
11.3.4.2.2. By Propulsion Type
11.3.4.2.3. By Sales Channel
11.3.4.2.4. By End Use
11.3.5. Saudi Arabia Used Car Market
11.3.5.1. Market Size & Forecast
11.3.5.1.1. By Volume and Value
11.3.5.2. Market Share & Forecast
11.3.5.2.1. By Vehicle Type
11.3.5.2.2. By Propulsion Type
11.3.5.2.3. By Sales Channel
11.3.5.2.4. By End Use

12. Market Dynamics

12.1. Drivers
12.2. Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1. CarMax,Inc
14.2. AutoNation, Inc.
14.3. Hendrick Automotive Group (North Carolina, U.S.)
14.4. Penske Automotive Group, Inc
14.5. Arnold Clark Automobiles Limited
14.6. Asbury Automotive Group
14.7. Mahindra First Choice Wheels
14.8. Lithia Motor Inc.
14.9. TrueCar, Inc. (California, U.S.)
14.10. CarGurus, Inc.

15. Strategic Recommendations16. About the Publisher & Disclaimer

List of Figures

Figure 1 Global Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 2 Global Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 4 Global Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 6 Global Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 8 Global Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 10 Global Used Car Market Share, By Region, By Volume, 2017-2027F
Figure 12 Global Used Car Market Share, By Company, By Volume, 2021
Figure 13 Global Used Car Market Map, By Vehicle Type, Market Size (Million Units) & Growth Rate (%)
Figure 14 Global Used Car Market Map, By Propulsion Type, Market Size (Million Units) & Growth Rate (%)
Figure 15 Global Used Car Market Map, By Sales Channel, Market Size (Million Units) & Growth Rate (%)
Figure 16 Global Used Car Market Map, By End Use, Market Size (Million Units) & Growth Rate (%)
Figure 17 Global Used Car Market Map, By Region, Market Size (Million Units) & Growth Rate (%)
Figure 18 Asia-Pacific Used Car Market Size, By Volume (Million Units), By Value (USD Billion) 2017-2027F
Figure 19 Asia-Pacific Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 20 Asia-Pacific Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 21 Asia-Pacific Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 22 Asia-Pacific Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 23 Asia-Pacific Used Car Market Share, By Country, By Volume, 2017-2027F
Figure 24 China Used Car Market Size, By Volume (Million Units), By Value (USD Billion) 2017-2027F
Figure 25 China Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 26 China Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 27 China Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 28 China Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 34 Japan Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 35 Japan Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 36 Japan Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 37 Japan Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 38 Japan Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 29 India Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 30 India Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 31 India Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 32 India Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 33 India Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 39 South Korea Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 40 South Korea Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 41 South Korea Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 42 South Korea Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 43 South Korea Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 44 Thailand Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 45 Thailand Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 46 Thailand Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 47 Thailand Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 48 Thailand Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 49 Europe Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 50 Europe Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 51 Europe Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 52 Europe Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 53 Europe Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 54 Europe Used Car Market Share, By Country, By Volume, 2017-2027F
Figure 65 United Kingdom Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 66 United Kingdom Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 67 United Kingdom Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 68 United Kingdom Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 69 United Kingdom Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 60 Germany Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 61 Germany Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 62 Germany Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 63 Germany Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 64 Germany Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 55 France Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 56 France Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 57 France Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 58 France Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 59 France Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 70 Italy Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 71 Italy Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 72 Italy Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 73 Italy Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 74 Italy Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 75 Spain Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 76 Spain Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 77 Spain Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 78 Spain Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 79 Spain Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 80 North America Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 81 North America Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 82 North America Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 83 North America Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 84 North America Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 85 North America Used Car Market Share, By Country, By Volume, 2017-2027F
Figure 86 United State Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 87 United State Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 88 United State Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 89 United State Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 90 United State Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 91 Canada Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 92 Canada Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 93 Canada Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 94 Canada Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 95 Canada Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 96 Mexico Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 97 Mexico Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 98 Mexico Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 99 Mexico Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 100 Mexico Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 101 South America Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 102 South America Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 103 South America Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 104 South America Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 105 South America Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 106 South America Used Car Market Share, By Country, By Volume, 2017-2027F
Figure 107 Brazil Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 108 Brazil Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 109 Brazil Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 110 Brazil Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 111 Brazil Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 112 Argentina Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 113 Argentina Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 114 Argentina Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 115 Argentina Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 116 Argentina Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 117 Colombia Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 118 Colombia Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 119 Colombia Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 120 Colombia Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 121 Colombia Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 122 MEA Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 123 MEA Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 124 MEA Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 125 MEA Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 126 MEA Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 127 MEA Used Car Market Share, By Country, By Volume, 2017-2027F
Figure 133 Turkey Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 134 Turkey Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 135 Turkey Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 136 Turkey Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 137 Turkey Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 138 Iran Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 139 Iran Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 140 Iran Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 141 Iran Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 142 Iran Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 148 Saudi Arabia Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 149 Saudi Arabia Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 150 Saudi Arabia Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 151 Saudi Arabia Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 152 Saudi Arabia Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 128 South Africa Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 129 South Africa Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 130 South Africa Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 131 South Africa Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 132 South Africa Used Car Market Share, By End Use Type, By Volume, 2017-2027F
Figure 143 UAE Used Car Market Size, By Volume (Million Units), By Value (USD Billion), 2017-2027F
Figure 144 UAE Used Car Market Share, By Vehicle Type, By Volume, 2017-2027F
Figure 145 UAE Used Car Market Share, By Propulsion Type, By Volume, 2017-2027F
Figure 146 UAE Used Car Market Share, By Sales Channel, By Volume, 2017-2027F
Figure 147 UAE Used Car Market Share, By End Use Type, By Volume, 2017-2027F

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

CarMax,Inc
AutoNation, Inc.
Hendrick Automotive Group (North Carolina, U.S.)
Penske Automotive Group, Inc
Arnold Clark Automobiles Limited
Asbury Automotive Group $
Mahindra First Choice Wheels
Lithia Motor Inc.
TrueCar, Inc. (California, U.S.)
CarGurus, Inc.

Table Information

Report Attribute	Details
No. of Pages	111
Published	September 2022
Forecast Period	2017 - 2027
Estimated Market Value ( USD ) in 2017	$ 700.49 Billion
Forecasted Market Value ( USD ) by 2027	$ 1375.43 Billion
Compound Annual Growth Rate	6.9%
Regions Covered	Global

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€4757EUR$4,900USD£4,096GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€5727EUR$5,900USD£4,932GBP

Low Price of Used Cars

Less Depreciation

Changing Consumer Perception

Suitable for new drivers to practice

Market Segmentation

Company Profiles

Report Scope:

Global Used Car Market, By Vehicle Type:

Global Used Car Market, By Propulsion Type:

Global Used Car Market, By Sales Channel:

Global Used Car Market, By End Use:

Global Used Car Market, By Region

Competitive Landscape

Available Customizations:

Table of Contents

Companies Mentioned (Partial List)

Table Information

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