• Report SKU:SKU: SYNR10015
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The Global Used Vehicle Market is expected to reach $2,197.68 billion by 2027 growing at a CAGR of 3.6% during 2020 to 2027. A used vehicle, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used vehicles are sold through a variety of outlets, including franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales. Some car retailers offer no-haggle prices, certified used cars, and extended service plans or warranties. Different countries have different laws and regulations for used vehicle sales. Factors such as accessibility of information of the used vehicles, stringent vehicular emissions regulations, and the growing demand for car subscription services and increase in demand for the off-lease vehicle are driving the growth of the market. However, lack of standardization and unorganized used car sales, higher depreciation rate of vehicle and the demand for car-sharing services are restraining the growth of the market. Based on vendor type, the organized segment is going to have a lucrative growth during the forecast period which can be attributed to the increasing number of franchised dealers in the market. The entry of new players in the market and new retail models also became a factor in driving the growth of the market. The segment is accepted to hold more than two-thirds of the market in the coming years. In addition, the organized vendors benefited from greater consumer loyalty to the brand across all age groups. The key vendors mentioned are Alibaba.com, Asbury Automotive Group, AutoNation Inc, CarMax Business Services, LLC, Cox Automotive, eBay Inc, Group 1 Automotive Inc. , Hendrick Automotive Group, LITHIA Motor Inc, Mahindra First Choice, Maruti Suzuki India Limited, OLX Group, Scout24 Group, TrueCar, Inc., and Vroom. Vehicle Types Covered: • Passenger Car • Heavy Commercial Vehicle • Light Commercial Vehicle Vehicle Ages Covered: • 0 to 5 Years • 6 Years to 10 Years • 11 Years to 15 Years • 16 Years to 20 Years • > 20 Years Old Sales Channels Covered: • Franchised • Independent Car Dealers • Rental Car Companies Propulsions Covered: • Electric Vehicle • Internal Combustion Engines (ICE) Vendor Types Covered: • Organized • Unorganized Vehicle Class Types Covered: • Luxury Vehicle • Premium Vehicles • Mid-size Vehicle Fuel Types Covered: • Petrol • Diesel • Natural Gas Market Types Covered: • Online • Offline Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2019 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Used Vehicle Market, By Vehicle Type
5.1 Introduction
5.2 Passenger Car
5.3 Heavy Commercial Vehicle
5.4 Light Commercial Vehicle

6 Global Used Vehicle Market, By Vehicle Age
6.1 Introduction
6.2 0 to 5 Years
6.3 6 Years to 10 Years
6.4 11 Years to 15 Years
6.5 16 Years to 20 Years
6.6 > 20 Years Old

7 Global Used Vehicle Market, By Sales Channel
7.1 Introduction
7.2 Franchised
7.3 Independent Car Dealers
7.4 Rental Car Companies

8 Global Used Vehicle Market, By Propulsion
8.1 Introduction
8.2 Electric Vehicle
8.3 Internal Combustion Engines (ICE)

9 Global Used Vehicle Market, By Vendor Type
9.1 Introduction
9.2 Organized
9.3 Unorganized

10 Global Used Vehicle Market, By Vehicle Class Type
10.1 Introduction
10.2 Luxury Vehicle
10.3 Premium Vehicles
10.4 Mid-size Vehicle

11 Global Used Vehicle Market, By Fuel Type
11.1 Introduction
11.2 Petrol
11.3 Diesel
11.4 Natural Gas

12 Global Used Vehicle Market, By Market Type
12.1 Introduction
12.2 Online
12.3 Offline

13 Global Used Vehicle Market, By Geography
13.1 Introduction
13.2 North America
13.3 Europe
13.4 Asia Pacific
13.5 South America
13.6 Middle East & Africa

14 Strategic Benchmarking

15 Vendors Landscape
15.1 Alibaba.com
15.2 Asbury Automotive Group
15.3 AutoNation Inc
15.4 CarMax Business Services, LLC
15.5 Cox Automotive
15.6 eBay Inc
15.7 Group 1 Automotive Inc.
15.8 Hendrick Automotive Group
15.9 LITHIA Motor Inc.
15.10 Mahindra First Choice
15.11 Maruti Suzuki India Limited
15.12 OLX Group
15.13 Scout24 Group
15.14 TrueCar, Inc.
15.15 Vroom

List of Data Tables
1 Global Used Vehicle Market Outlook, By Region (2019-2027) ($MN)
2 Global Used Vehicle Market Outlook, By Vehicle Type (2019-2027) ($MN)
3 Global Used Vehicle Market Outlook, By Passenger Car (2019-2027) ($MN)
4 Global Used Vehicle Market Outlook, By Heavy Commercial Vehicle (2019-2027) ($MN)
5 Global Used Vehicle Market Outlook, By Light Commercial Vehicle (2019-2027) ($MN)
6 Global Used Vehicle Market Outlook, By Vehicle Age (2019-2027) ($MN)
7 Global Used Vehicle Market Outlook, By 0 to 5 Years (2019-2027) ($MN)
8 Global Used Vehicle Market Outlook, By 6 Years to 10 Years (2019-2027) ($MN)
9 Global Used Vehicle Market Outlook, By 11 Years to 15 Years (2019-2027) ($MN)
10 Global Used Vehicle Market Outlook, By 16 Years to 20 Years (2019-2027) ($MN)
11 Global Used Vehicle Market Outlook, By > 20 Years Old (2019-2027) ($MN)
12 Global Used Vehicle Market Outlook, By Sales Channel (2019-2027) ($MN)
13 Global Used Vehicle Market Outlook, By Franchised (2019-2027) ($MN)
14 Global Used Vehicle Market Outlook, By Independent Car Dealers (2019-2027) ($MN)
15 Global Used Vehicle Market Outlook, By Rental Car Companies (2019-2027) ($MN)
16 Global Used Vehicle Market Outlook, By Propulsion (2019-2027) ($MN)
17 Global Used Vehicle Market Outlook, By Electric Vehicle (2019-2027) ($MN)
18 Global Used Vehicle Market Outlook, By Internal Combustion Engines (ICE) (2019-2027) ($MN)
19 Global Used Vehicle Market Outlook, By Vendor Type (2019-2027) ($MN)
20 Global Used Vehicle Market Outlook, By Organized (2019-2027) ($MN)
21 Global Used Vehicle Market Outlook, By Unorganized (2019-2027) ($MN)
22 Global Used Vehicle Market Outlook, By Vehicle Class Type (2019-2027) ($MN)
23 Global Used Vehicle Market Outlook, By Luxury Vehicle (2019-2027) ($MN)
24 Global Used Vehicle Market Outlook, By Premium Vehicles (2019-2027) ($MN)
25 Global Used Vehicle Market Outlook, By Mid-size Vehicle (2019-2027) ($MN)
26 Global Used Vehicle Market Outlook, By Fuel Type (2019-2027) ($MN)
27 Global Used Vehicle Market Outlook, By Petrol (2019-2027) ($MN)
28 Global Used Vehicle Market Outlook, By Diesel (2019-2027) ($MN)
29 Global Used Vehicle Market Outlook, By Natural Gas (2019-2027) ($MN)
30 Global Used Vehicle Market Outlook, By Market Type (2019-2027) ($MN)
31 Global Used Vehicle Market Outlook, By Online (2019-2027) ($MN)
32 Global Used Vehicle Market Outlook, By Offline (2019-2027) ($MN)
33 North America Used Vehicle Market Outlook, By Vehicle Type (2019-2027) ($MN)
34 North America Used Vehicle Market Outlook, By Vehicle Age (2019-2027) ($MN)
35 North America Used Vehicle Market Outlook, By Sales Channel (2019-2027) ($MN)
36 North America Used Vehicle Market Outlook, By Propulsion (2019-2027) ($MN)
37 North America Used Vehicle Market Outlook, By Vendor Type (2019-2027) ($MN)
38 North America Used Vehicle Market Outlook, By Vehicle Class Type (2019-2027) ($MN)
39 North America Used Vehicle Market Outlook, By Fuel Type (2019-2027) ($MN)
40 North America Used Vehicle Market Outlook, By Market Type (2019-2027) ($MN)
41 Europe Used Vehicle Market Outlook, By Vehicle Type (2019-2027) ($MN)
42 Europe Used Vehicle Market Outlook, By Vehicle Age (2019-2027) ($MN)
43 Europe Used Vehicle Market Outlook, By Sales Channel (2019-2027) ($MN)
44 Europe Used Vehicle Market Outlook, By Propulsion (2019-2027) ($MN)
45 Europe Used Vehicle Market Outlook, By Vendor Type (2019-2027) ($MN)
46 Europe Used Vehicle Market Outlook, By Vehicle Class Type (2019-2027) ($MN)
47 Europe Used Vehicle Market Outlook, By Fuel Type (2019-2027) ($MN)
48 Europe Used Vehicle Market Outlook, By Market Type (2019-2027) ($MN)
49 Asia Pacific Used Vehicle Market Outlook, By Vehicle Type (2019-2027) ($MN)
50 Asia Pacific Used Vehicle Market Outlook, By Vehicle Age (2019-2027) ($MN)
51 Asia Pacific Used Vehicle Market Outlook, By Sales Channel (2019-2027) ($MN)
52 Asia Pacific Used Vehicle Market Outlook, By Propulsion (2019-2027) ($MN)
53 Asia Pacific Used Vehicle Market Outlook, By Vendor Type (2019-2027) ($MN)
54 Asia Pacific Used Vehicle Market Outlook, By Vehicle Class Type (2019-2027) ($MN)
55 Asia Pacific Used Vehicle Market Outlook, By Fuel Type (2019-2027) ($MN)
56 Asia Pacific Used Vehicle Market Outlook, By Market Type (2019-2027) ($MN)
57 South America Used Vehicle Market Outlook, By Vehicle Type (2019-2027) ($MN)
58 South America Used Vehicle Market Outlook, By Vehicle Age (2019-2027) ($MN)
59 South America Used Vehicle Market Outlook, By Sales Channel (2019-2027) ($MN)
60 South America Used Vehicle Market Outlook, By Propulsion (2019-2027) ($MN)
61 South America Used Vehicle Market Outlook, By Vendor Type (2019-2027) ($MN)
62 South America Used Vehicle Market Outlook, By Vehicle Class Type (2019-2027) ($MN)
63 South America Used Vehicle Market Outlook, By Fuel Type (2019-2027) ($MN)
64 South America Used Vehicle Market Outlook, By Market Type (2019-2027) ($MN)
65 Middle East & Africa Used Vehicle Market Outlook, By Vehicle Type (2019-2027) ($MN)
66 Middle East & Africa Used Vehicle Market Outlook, By Vehicle Age (2019-2027) ($MN)
67 Middle East & Africa Used Vehicle Market Outlook, By Sales Channel (2019-2027) ($MN)
68 Middle East & Africa Used Vehicle Market Outlook, By Propulsion (2019-2027) ($MN)
69 Middle East & Africa Used Vehicle Market Outlook, By Vendor Type (2019-2027) ($MN)
70 Middle East & Africa Used Vehicle Market Outlook, By Vehicle Class Type (2019-2027) ($MN)
71 Middle East & Africa Used Vehicle Market Outlook, By Fuel Type (2019-2027) ($MN)
72 Middle East & Africa Used Vehicle Market Outlook, By Market Type (2019-2027) ($MN)