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Used Car Market

Global Used Car Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025-2032 – (By Car Type, By Fuel Type, By Sales Channel, By Geographic Coverage and By Company)

Published Date: Jun 2025 | Format: | No. of Pages: 200

Industry: Automotive & Transport | Author Name: Aarti

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Report Description Research Methodology

FAQ : Used Car Market

The global used car market is valued at US$ 1.9 trillion in 2025, reflecting its strong post-pandemic recovery and rising consumer demand.

Shifting consumer preference towards cost-effective mobility, supply chain disruptions in new vehicles, and the growing adoption of digital retail platforms are driving market growth.

CarMax Inc., AutoNation Inc., Group 1 Automotive, OLX Autos, TrueCar Inc., and Cazoo are some of the key players shaping the used car ecosystem globally.

The market is projected to expand at a CAGR of 6.1% during the forecast period from 2025 to 2032, fueled by tech integration and flexible ownership trends.

Digital Transformation is Bridging Market Gaps and Accelerating Formalization in the Global Used Car Industry.
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