Used-car Trading E-commerce Market

E-commerce in automotive is starting to penetrate spare parts and vehicle purchases, with implications for OEMs, dealers, LSPs and customers

In the early days of eBay and Amazon, consumers marvelled at their own boldness. Buying on the internet was a step into the unknown: sending money to strangers to purchase items that they hadn?t seen and couldn?t touch. Fifteen years on, e-commerce no longer seems so alien. Checks and balances serve to keep buyers and sellers honest while transaction feedback mechanisms reinforce good behaviour.

That said, e-commerce remains the exception for the second largest purchase many consumers will make, after their house or apartment: a new, or nearly new, car.

Used-car Trading E-commerce Market contains market size and forecasts of Used-car Trading E-commerce in Global, including the following market information:

Global Used-car Trading E-commerce Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Used-car Trading E-commerce market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

0-10 K USD Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Used-car Trading E-commerce include CarMax Inc, AutoNation Inc, Carvana, Penske Automotive Group, Sonic Automotive Inc, Van Tuyl Group, Group 1 Automotive Inc, Asbury Automotive Group and Hendrick Automotive Group, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Used-car Trading E-commerce companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Used-car Trading E-commerce Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Used-car Trading E-commerce Market Segment Percentages, by Type, 2021 (%)

• 0-10 K USD
• 10-20 K USD
• 20-30 K USD
• Above 30 K USD

Global Used-car Trading E-commerce Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Used-car Trading E-commerce Market Segment Percentages, by Application, 2021 (%)

• Sedan
• SUV
• Commercial Vehicle
• Others

Global Used-car Trading E-commerce Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Used-car Trading E-commerce Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Used-car Trading E-commerce revenues in global market, 2017-2022 (estimated), ($ millions)
• Key companies Used-car Trading E-commerce revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• CarMax Inc
• AutoNation Inc
• Carvana
• Penske Automotive Group
• Sonic Automotive Inc
• Van Tuyl Group
• Group 1 Automotive Inc
• Asbury Automotive Group
• Hendrick Automotive Group
• Lithia Motors Inc
• Larry H. Miller Group of Cos
• AutoTrader
• CarsDirect
• Autolist
• CarGurus
• AutoTempest
• Kelley Blue Book
• Car enthusiast Forums
• TrueCar
• Instamotor
• Cars.com, Inc
• iSeeCars
• Guazi.com
• UXIN GROUP
• Renrenche.com
• Hemmings