• HOME

  • STORE

    • Billy Hemp Smokes
    • Plants
  • STORY

    • Contact
  • FORUM

  • BLOG

  • More

    Use tab to navigate through the menu items.
    0
    To see this working, head to your live site.
    • All Posts
    • My Posts
    jayu b
    Mar 24

    Used Vehicle Market 2022 Global Size, Regional Sales, Revenue, Top Key Players, Future Growth and 2028 Forecast

    in General Discussions

    Global Size research report 2021 offers in-depth assessment of revenue growth, market definition, segmentation, industry potential, influential trends for understanding the future outlook and current prospects for the market. This study provides information about the sales and revenue during the historic and forecasted period of (2021 to 2028). Understanding the segments helps in identifying the importance of different factors that aid market growth. Estimations about the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are assessed in this Used Vehicle Market report.

    Get a Sample Copy of the Report at –

    May 2021- America’s automobile retailer “AutoNation Inc has extended its footprint in San Antonio, U.S. Company is planning to open more than 130 USA stores by the end of 2026. Moreover, this will offer customers pre-owned vehicle models with low price and hassle free process. In addition, it also offers “We'll Buy Your Car” concept which enables customers to sell their vehicles directly to AutoNation, with no purchase necessary.

    Key players covered in the global Used Vehicle Market research report:

    • Alibaba.com

    • Group 1 Automotive Inc.

    • Asbury Automotive Group

    • Hendrick Automotive Group

    • AutoNation Inc.

    • LITHIA Motor Inc.

    • CarMax Business Services, LLC

    • Scout24 AG

    • Cox Automotive

    • TrueCar, Inc.

    • eBay Inc.

    • Mahindra First Choice

    • Maruti Suzuki India Limited

    • Vroom

    • OLX

    Important Features that are under Offering and Key Highlights of the Market Report:

    • Detailed overview of the global market share

    • Changing market dynamics of the industry

    • In-depth market segmentation by Type, Application, etc.

    • Historical, current and projected market size in terms of volume and value

    • Recent industry trends and developments

    • Competitive landscape of Used Vehicle Market

    • Strategies of key players and product offerings

    • Potential and niche segments/regions exhibiting promising market growth

    Drivers & Restraints

    Depreciation is a critical factor that favors the shift towards used vehicles from new vehicles. For instance, the depreciation rate is almost 30% in the first year itself of the car purchased. The high depreciation rate of new cars will undoubtedly influence the mindset of consumers choosing high-value vehicles, which makes purchasing second-hand vehicles an added value-for-money choice. Following this, the acceptance of second-hand cars in society is also increasing. People are as passionate and happy about buying a used car as they are about a new car. Additionally, the availability of a variety of brands to choose from at comparatively lower prices than new vehicle prices is also likely to boost the demand for the market. For instance, the depreciation rate for passenger cars is 15%, whereas, for commercial vehicles, the rate goes up to 30% in India. Recently, the Finance Ministry of India announced higher depreciation rates (30% on passenger cars, 45% on commercial vehicles) on vehicles purchased between 23rd August 2019 and 31st March 2020, along with the deferring increased vehicle registration fees.

    For More Detailed Information, Speak to Our Analyst at -

    Major Table of Contents for Used Vehicle Market Research Report:

    • Introduction

    • Executive Summary

    • Market Dynamics

    • Key Market Growth Insights

    • Global Market Analysis, Insights and Forecast, 2017-2028

    • North America Market Analysis, Insights and Forecast, 2017-2028

    • Europe Market Analysis, Insights and Forecast, 2017-2028

    • Asia Pacific Market Analysis, Insights and Forecast, 2017-2028

    • The Middle East and Africa Market Analysis, Insights and Forecast, 2017-2028

    • Latin America Market Analysis, Insights and Forecast, 2017-2028

    • Competitive Landscape

    • Global Used Vehicle Market Revenue Growth, Industry Share Analysis, By Key Players, 2021

    • Company Profiles

    • Conclusion

    Purchase Full Report at -

    Related Reports:

    About Us:

    Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

    Contact Us:

    Fortune Business Insights™ Pvt. Ltd.

    308, Supreme Headquarters,

    Survey No. 36, Baner,

    Pune-Bangalore Highway,

    Pune - 411045, Maharashtra, India.

    Phone:

    US :+1 424 253 0390

    UK : +44 2071 939123

    APAC : +91 744 740 1245

    Email:

    0 comments