Global Used Cars Market Report 2024

Used Cars Global Market Report 2025 – By Vehicle Type (Hatchback, Sedan, SUV), By Fuel Type (Petrol, Diesel, Hybrid/Electric), By Sales Channel (Peer-To-Peer, Franchised Dealers, Independent Dealers) – Market Size, Trends, And Global Forecast 2025-2034

Used Cars Global Market Report 2025

Report Price : $4490.00 | Pages : 200 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

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Used Cars Market Definition

The used cars refer to cars, which are preowned by one or more owners. The used cars are generally purchased due to budget restrictions and by first-time buyers. In addition to that, a used car has an advantage over a new car as it depreciates at a slower pace. Particularly for first time car buyers, a used buying is more useful and affordable at the same time.

The main types of used cars include hatchbacks, sedans, and SUVs. The hatchback cars are small boxy type passenger cars with a two-compartment configuration and fold-out cargo door. These used cars are fueled by petrol, diesel, and hybrid/electric and sold through peer-to-peer platforms, franchised dealers and independent dealers.

Used Cars Market Segmentation

The used cars market covered in this report is segmented –

1) By Vehicle Type: Hatchback, Sedan, SUV

2) By Fuel Type: Petrol, Diesel, Hybrid Or Electric

3) By Sales Channel: Peer-To-Peer, Franchised Dealers, Independent Dealers

Subsegments:

1) By Hatchback: Compact Hatchbacks, Subcompact Hatchbacks, Performance Hatchbacks

2) By Sedan: Compact Sedans, Mid-Size Sedans, Full-Size Sedans

3) By SUV: Compact SUVs, Mid-Size SUVs, Full-Size SUVs, Crossover SUVs

Used Cars Market Size and growth rate 2025 to 2029: Graph

Used Cars Market Size 2025 And Growth Rate

The used cars market size has grown strongly in recent years. It will grow from $1385.48 billion in 2024 to $1464.84 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to shortage of new cars leading, depreciation of new cars, improved vehicle durability, expansion ofThe used car market, increased consumer price sensitivity.

Used Cars Market Growth Forecast

The used cars market size is expected to see strong growth in the next few years. It will grow to $1954.08 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing preference for used electric cars, digitalization in the used car buying process, shortage of new car inventory, increased focus on sustainable transportation. Major trends in the forecast period include online used car marketplaces, certified pre-owned programs, subscription-based used car services, enhanced vehicle history reports, integration of AI in pricing and valuation.

Used Cars Market Driver: Emergence Of Online Platforms For Used Car

The emergence of online platforms for used car sales globally is significantly driving the growth of the used cars market. The online platforms provide ease of access and required information to buy and sell used cars. The key players are expanding their business digitally to increase the sales of used cars. For instance, in August 2024, according to UK car market statistics published by We Buy Any Car Ltd., a UK-based online car buying platform, in the UK, a total of 1,963,395 used cars were sold in the second quarter of 2024 (April to June), reflecting a 7.2% year-over-year increase compared to the same period in 2023. Therefore, the emergence of online platforms for used car sales globally is significantly driving the growth of the used cars market.

Used Cars Market Driver: Easy Availability Of Financing Solutions Or Personal Loans With The App

The easy availability of financing solutions or personal loans will drive the used cars market in the forecast period. Buying a used car is easier due to easy access to personal loans from platforms. Consumers know that they can now get instant loans with better terms and conditions for buying used cars. At the same time, they can save money hugely on their purchases since they will not have to pay the additional costs that are usually incurred while buying new cars. For example, LazyPay is an app that ensures instant loan facilities for eligible users, based on their history and tenure with the app. The entire procedure of applying for a loan is hassle-free and takes only a few minutes. Loans are speedily processed, and consumers can track and manage them thereafter on the LazyPay app with payment reminders as well. Since personal loans are readily available for a large spectrum of users, buying used cars is even more convenient. Therefore, easy availability of financing solutions or personal loans with the app will drive the market.

Global Used Cars Market Major Players

Major companies operating in the used cars market include Hendrick Automotive Group, Group 1 Automotive Inc., Cox Automotive Inc., Asbury Automotive Group Inc., CarMax Business Services LLC, AutoNation Inc., Cars24 Services Private Limited, Carvana Co., Lithia Motors Inc., Mahindra First Choice Wheels Ltd., TrueCar Inc., Vroom Inc., Shift Technologies Inc., CarGurus Inc., Penske Automotive Group Inc., Sonic Automotive Inc., CarHop Auto Sales and Finance, Hertz Global Holdings Inc., Enterprise Holdings Inc., Avis Budget Group Inc., Budget Car Sales, Thrifty Car Sales, Off Lease Only, EchoPark Automotive Inc., CarSense, OffLeaseOnly. com, DriveTime Automotive Group Inc., CarsDirect. com LLC, KBB com LLC, Autolist Inc., Cars com Inc., Autotempest Inc.

Global Used Cars Market Trend: Investment Surge Fueling Growth And Expansion In The Used Cars Market

Increasing investment in the market is a key trend gaining popularity in the used cars market. Major companies operating in the used cars market are focused on increasing investments in business expansions and strengthening their business position. For instance, in in November 2022, Kia India, an Indian Automobile company, has opened a Pre-Owned Car Business ‘Kia CPO’ for customers. With exclusive Kia CPO outlets, the company intends to allow its customers to sell, buy or exchange pre-owned cars, backed by ownership transfers and customized finance options.

Global Used Cars Market Trend: Collaborations And Acquisitions Drive Growth And Innovation In The Used Cars Market

Major companies operating in the used cars market are increasingly focusing on collaborations and acquisitions to improve their financial strength, to improve their product portfolio and geographical presence. Collaborations and acquisitions often involve financial transactions that can improve the financial strength of a company. For example, in January 2023, Ola fleet technologies, an India-based company engaged in engaged in the transportation sector, partnered with Dbest cars, an India-based online platform enabling trustworthy and hassle-free transactions in used commercial cars at affordable rates, to of dispose of its used commercial fleet of 5000 cars. Ola is one the country’s largest ride hailing companies, operating in most cities by connecting customers to drivers and a wide range of vehicles across bikes, auto-rickshaws, metered taxis, and cabs. The partnership was formed after the announcement that Ola would discard its existing vehicles in a gradual manner in order to make way for new ones, which according to some sources would most likely be electric vehicles.

Used Cars Market Merger And Acquisition: Cars.com Accelerates Expansion With Acquisition Of Accu-Trade

In March 2022, Cars.com Inc., a US-based online retailer of cars and related accessories, acquired Accu-Trade for an undisclosed amount. This acquisition is part of Cars.com's strategy to improve its dealer network and provide better pricing tools for consumers, enhancing its overall service offerings in the used car marketplace. Accu-Trade Group US-based vehicle valuation and appraisal technology specifically for used cars.

Regional Outlook For The Global Used Cars Market

Asia-Pacific was the largest region in the used cars market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the used cars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the used cars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

What Defines the Used Cars Market?

The used cars market consists of sales of hybrid, sedan, coupe, convertible, CUV, wagon, and van. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Used Cars Industry?

The used cars market research report is one of a series of new reports from The Business Research Company that provides used cars market statistics, including used cars industry global market size, regional shares, competitors with a used cars market share, detailed used cars market segments, market trends and opportunities, and any further data you may need to thrive in the used cars industry. This used cars market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Used Cars Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $1464.84 billion
Revenue Forecast In 2034 $1954.08 billion
Growth Rate CAGR of 7.5% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Vehicle Type: Hatchback, Sedan, SUV
2) By Fuel Type: Petrol, Diesel, Hybrid Or Electric
3) By Sales Channel: Peer-To-Peer, Franchised Dealers, Independent Dealers Subsegments: 1) By Hatchback: Compact Hatchbacks, Subcompact Hatchbacks, Performance Hatchbacks
2) By Sedan: Compact Sedans, Mid-Size Sedans, Full-Size Sedans
3) By SUV: Compact SUVs, Mid-Size SUVs, Full-Size SUVs, Crossover SUVs
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Hendrick Automotive Group, Group 1 Automotive Inc., Cox Automotive Inc., Asbury Automotive Group Inc., CarMax Business Services LLC, AutoNation Inc., Cars24 Services Private Limited, Carvana Co., Lithia Motors Inc., Mahindra First Choice Wheels Ltd., TrueCar Inc., Vroom Inc., Shift Technologies Inc., CarGurus Inc., Penske Automotive Group Inc., Sonic Automotive Inc., CarHop Auto Sales and Finance, Hertz Global Holdings Inc., Enterprise Holdings Inc., Avis Budget Group Inc., Budget Car Sales, Thrifty Car Sales, Off Lease Only, EchoPark Automotive Inc., CarSense, OffLeaseOnly. com, DriveTime Automotive Group Inc., CarsDirect. com LLC, KBB com LLC, Autolist Inc., Cars com Inc., Autotempest Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Used Cars Market Characteristics

    3. Used Cars Market Trends And Strategies

    4. Used Cars Market- Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

    5. Global Used Cars Growth Analysis And Strategic Analysis Framework

    5.1. Global Used Cars PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Used Cars Market Growth Rate Analysis

    5.4. Global Used Cars Historic Market Size and Growth, 2019- 2024, Value ($ Billion)

    5.5. Global Used Cars Forecast Market Size and Growth, 2024- 2029, 2034F, Value ($ Billion)

    5.6. Global Used Cars Total Addressable Market (TAM)

    6. Used Cars Market Segmentation

    6.1. Global Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Hatchback

    Sedan

    SUV

    6.2. Global Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Petrol

    Diesel

    Hybrid/Electric

    6.3. Global Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Peer-To-Peer

    Franchised Dealers

    Independent Dealers

    6.4. Global Used Cars Market, Sub-Segmentation Of Hatchback, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Compact Hatchbacks

    Subcompact Hatchbacks

    Performance Hatchbacks

    6.5. Global Used Cars Market, Sub-Segmentation Of Sedan, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Compact Sedans

    Mid-Size Sedans

    Full-Size Sedans

    6.6. Global Used Cars Market, Sub-Segmentation Of SUV, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Compact SUVs

    Mid-Size SUVs

    Full-Size SUVs

    Crossover SUVs

    7. Used Cars Market Regional And Country Analysis

    7.1. Global Used Cars Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Used Cars Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Used Cars Market

    8.1. Asia-Pacific Used Cars Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Used Cars Market

    9.1. China Used Cars Market Overview

    9.2. China Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Used Cars Market

    10.1. India Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Used Cars Market

    11.1. Japan Used Cars Market Overview

    11.2. Japan Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Used Cars Market

    12.1. Australia Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Used Cars Market

    13.1. Indonesia Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Used Cars Market

    14.1. South Korea Used Cars Market Overview

    14.2. South Korea Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Used Cars Market

    15.1. Western Europe Used Cars Market Overview

    15.2. Western Europe Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Used Cars Market

    16.1. UK Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Used Cars Market

    17.1. Germany Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Used Cars Market

    18.1. France Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Used Cars Market

    19.1. Italy Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Used Cars Market

    20.1. Spain Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Used Cars Market

    21.1. Eastern Europe Used Cars Market Overview

    21.2. Eastern Europe Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Used Cars Market

    22.1. Russia Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Used Cars Market

    23.1. North America Used Cars Market Overview

    23.2. North America Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Used Cars Market

    24.1. USA Used Cars Market Overview

    24.2. USA Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Used Cars Market

    25.1. Canada Used Cars Market Overview

    25.2. Canada Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Used Cars Market

    26.1. South America Used Cars Market Overview

    26.2. South America Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Used Cars Market

    27.1. Brazil Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Used Cars Market

    28.1. Middle East Used Cars Market Overview

    28.2. Middle East Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Used Cars Market

    29.1. Africa Used Cars Market Overview

    29.2. Africa Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Used Cars Market Competitive Landscape And Company Profiles

    30.1. Used Cars Market Competitive Landscape

    30.2. Used Cars Market Company Profiles

    30.2.1. Hendrick Automotive Group Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Group 1 Automotive Inc. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Cox Automotive Inc. Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. Asbury Automotive Group Inc. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. CarMax Business Services LLC Overview, Products and Services, Strategy and Financial Analysis

    31. Used Cars Market Other Major And Innovative Companies

    31.1. AutoNation Inc.

    31.2. Cars24 Services Private Limited

    31.3. Carvana Co.

    31.4. Lithia Motors Inc.

    31.5. Mahindra First Choice Wheels Ltd.

    31.6. TrueCar Inc.

    31.7. Vroom Inc.

    31.8. Shift Technologies Inc.

    31.9. CarGurus Inc.

    31.10. Penske Automotive Group Inc.

    31.11. Sonic Automotive Inc.

    31.12. CarHop Auto Sales and Finance

    31.13. Hertz Global Holdings Inc.

    31.14. Enterprise Holdings Inc.

    31.15. Avis Budget Group Inc.

    32. Global Used Cars Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Used Cars Market

    34. Recent Developments In The Used Cars Market

    35. Used Cars Market High Potential Countries, Segments and Strategies

    35.1 Used Cars Market In 2029- Countries Offering Most New Opportunities

    35.2 Used Cars Market In 2029- Segments Offering Most New Opportunities

    35.3 Used Cars Market In 2029- Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Used Cars Market, Sub-Segmentation Of Hatchback, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Used Cars Market, Sub-Segmentation Of Sedan, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Used Cars Market, Sub-Segmentation Of SUV, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Used Cars Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Used Cars Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Hendrick Automotive Group Financial Performance
  • Table 78: Group 1 Automotive Inc. Financial Performance
  • Table 79: Cox Automotive Inc. Financial Performance
  • Table 80: Asbury Automotive Group Inc. Financial Performance
  • Table 81: CarMax Business Services LLC Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Used Cars Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Used Cars Market, Segmentation By Fuel Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Used Cars Market, Segmentation By Sales Channel, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Used Cars Market, Sub-Segmentation Of Hatchback, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Used Cars Market, Sub-Segmentation Of Sedan, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Used Cars Market, Sub-Segmentation Of SUV, By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Used Cars Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Used Cars Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Used Cars Market, Segmentation, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Hendrick Automotive Group Financial Performance
  • Figure 78: Group 1 Automotive Inc. Financial Performance
  • Figure 79: Cox Automotive Inc. Financial Performance
  • Figure 80: Asbury Automotive Group Inc. Financial Performance
  • Figure 81: CarMax Business Services LLC Financial Performance
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Frequently Asked Questions

What is the definition of the used cars market?

The used cars refer to cars, which are preowned by one or more owners. The used cars are generally purchased due to budget restrictions and by first-time buyers. In addition to that, a used car has an advantage over a new car as it depreciates at a slower pace. Particularly for first time car buyers, a used buying is more useful and affordable at the same time. For further insights on the used cars market, request a sample here

How will the used cars market drivers and restraints affect the used cars market dynamics? What forces will shape the used cars industry going forward?

The used cars market major growth driver - Emergence Of Online Platforms For Used Car. For further insights on the used cars market, request a sample here

What is the forecast market size or the forecast market value of the used cars market?

The used cars market size has grown strongly in recent years. It will grow from $1385.48 billion in 2024 to $1464.84 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to shortage of new cars leading, depreciation of new cars, improved vehicle durability, expansion ofThe used car market, increased consumer price sensitivity. The used cars market size is expected to see strong growth in the next few years. It will grow to $1954.08 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to growing preference for used electric cars, digitalization in the used car buying process, shortage of new car inventory, increased focus on sustainable transportation. Major trends in the forecast period include online used car marketplaces, certified pre-owned programs, subscription-based used car services, enhanced vehicle history reports, integration of ai in pricing and valuation. For further insights on the used cars market, request a sample here

How is the used cars market segmented?

The used cars market is segmented
1) By Vehicle Type: Hatchback, Sedan, SUV
2) By Fuel Type: Petrol, Diesel, Hybrid Or Electric
3) By Sales Channel: Peer-To-Peer, Franchised Dealers, Independent Dealers Subsegments:
1) By Hatchback: Compact Hatchbacks, Subcompact Hatchbacks, Performance Hatchbacks
2) By Sedan: Compact Sedans, Mid-Size Sedans, Full-Size Sedans
3) By SUV: Compact SUVs, Mid-Size SUVs, Full-Size SUVs, Crossover SUVs For further insights on the used cars market,
request a sample here

Which region has the largest share of the used cars market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the used cars market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the used cars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the used cars market, request a sample here.

Who are the major players in the used cars market?

Major companies operating in the used cars market include Hendrick Automotive Group, Group 1 Automotive Inc., Cox Automotive Inc., Asbury Automotive Group Inc., CarMax Business Services LLC, AutoNation Inc., Cars24 Services Private Limited, Carvana Co., Lithia Motors Inc., Mahindra First Choice Wheels Ltd., TrueCar Inc., Vroom Inc., Shift Technologies Inc., CarGurus Inc., Penske Automotive Group Inc., Sonic Automotive Inc., CarHop Auto Sales and Finance, Hertz Global Holdings Inc., Enterprise Holdings Inc., Avis Budget Group Inc., Budget Car Sales, Thrifty Car Sales, Off Lease Only, EchoPark Automotive Inc., CarSense, OffLeaseOnly. com, DriveTime Automotive Group Inc., CarsDirect. com LLC, KBB com LLC, Autolist Inc., Cars com Inc., Autotempest Inc. For further insights on the used cars market, request a sample here.

What are the key trends in the used cars market?

Major trend in the used cars market - Investment Surge Fueling Growth And Expansion In The Used Cars Market. For further insights on the used cars market, request a sample here.

What are the major opportunities in the used cars market? What are the strategies for the used cars market?

For detailed insights on the major opportunities and strategies in the used cars market, request a sample here.

How does the used cars market relate to the overall economy and other similar markets?

For detailed insights on used cars market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the used cars industry?

For detailed insights on the mergers and acquisitions in the used cars industry, request a sample here.

What are the key dynamics influencing the used cars market growth? SWOT analysis of the used cars market.

For detailed insights on the key dynamics influencing the used cars market growth and SWOT analysis of the used cars industry, request a sample here.