Used Car Trading Comprehensive Study by Type (Diesel, Petrol, Others), Application (Private vehicle, Commercial vehicle), Vendor type (Organized, Unorganized), Price (Low, Medium, High), Style (Sedan, SUV, Coupe, Hatchback, Van/ Minivan, Convertible, AWD/4WD)

Used Car Trading Market by XX Submarkets | Forecast Years 2023-2028  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
global Used Car Trading Market Overview:
Used car trading E-commerce is platform give online shopping experience of used cars. This platform help end user to find perfect within requirement and within budget used car in online way. Due to increasing demand for used cars and convenience of online shopping give rise to the used car trading E-commerce market. Consumer able to purchase used cars due to their reasonable prices as compare to new car and recent advancement in e-commerce give rise to demand of used car trading E-commerce.

AttributesDetails
Study Period2018-2028
Base Year2022
Forecast Period2023-2028
Historical Period2018-2022
UnitValue (USD Million)
Customization ScopeAvail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility


Influencing Trend:
Increasing demand of used cars

Market Growth Drivers:
Convenience of online shopping, Ease the process of decision making for customer and E-commerce websites let customers make simpler purchasing decisions by giving price comparison, technical certification, warranty, and simple returns all in one location.

Challenges:
Rise of fraudulent intermediaries in used car trading E-commerce market, Price transparency of used vehicles, Foreign vehicles' inability to comply with pollution requirements cannot be transferred and Lack of management in offline and online services

Restraints:
Stringent government regulation

Opportunities:
Technical development such as AI and machine learning in e-commerce platform

Competitive Landscape:
Used car trading E-commerce market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Some of the key players profiled in the report are Autotrader Inc. (United States), CarsDirect (United States), CarGurus. Inc. (United States), Hemmings (New England), Autolist (United States), autoTempest (United States), TrueCars (United States), cars.com (United States), Gauzi.com (China) and Kelly Blue Book Co (United States). Considering Market by Vendor type, the sub-segment i.e. Organized will boost the Used Car Trading market. Considering Market by Price, the sub-segment i.e. Low will boost the Used Car Trading market. Considering Market by Style, the sub-segment i.e. Sedan will boost the Used Car Trading market.

Latest Market Insights:
In January 2020, CarGurus announced acquisition of Autolist, an innovative car shopping platform. The acquisition broadens CarGurus' market-leading customer base and made achievable for company to develop its distinctive value offer for paying dealers. Thus, this acquisition strengthened the company’s market position

In August 2022, Gubagoo announced partnership with AutoTrader, Canada. GuBAGOO is digital retailing and messaging solution provider this partnership will help AutoTrader to deliver seamless digital shopping experience to car shoppers and better presence in market.

What Can be Explored with the Used Car Trading Market Study
 Gain Market Understanding
 Identify Growth Opportunities
 Analyze and Measure the global Used Car Trading Market by Identifying Investment across various Industry Verticals
 Understand the Trends that will drive Future Changes in Used Car Trading
 Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the global Used Car Trading market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Used Car Trading market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Used car trading E-commerce platforms, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.

Report Objectives / Segmentation Covered

By Type
  • Diesel
  • Petrol
  • Others
By Application
  • Private vehicle
  • Commercial vehicle
By Vendor type
  • Organized
  • Unorganized

By Price
  • Low
  • Medium
  • High

By Style
  • Sedan
  • SUV
  • Coupe
  • Hatchback
  • Van/ Minivan
  • Convertible
  • AWD/4WD

By Regions
    • 1. Market Overview
      • 1.1. Introduction
      • 1.2. Scope/Objective of the Study
        • 1.2.1. Research Objective
    • 2. Executive Summary
      • 2.1. Introduction
    • 3. Market Dynamics
      • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1. Convenience of online shopping
        • 3.2.2. Ease the process of decision making for customer
        • 3.2.3. E-commerce websites let customers make simpler purchasing decisions by giving price comparison, technical certification, warranty, and simple returns all in one location.
      • 3.3. Market Challenges
        • 3.3.1. Rise of fraudulent intermediaries in used car trading E-commerce market
        • 3.3.2. Price transparency of used vehicles
        • 3.3.3. Foreign vehicles' inability to comply with pollution requirements cannot be transferred
        • 3.3.4. Lack of management in offline and online services
      • 3.4. Market Trends
        • 3.4.1. Increasing demand of used cars
    • 4. Market Factor Analysis
      • 4.1. Porters Five Forces
      • 4.2. Supply/Value Chain
      • 4.3. PESTEL analysis
      • 4.4. Market Entropy
      • 4.5. Patent/Trademark Analysis
    • 5. global Used Car Trading, by Type, Application, Vendor type, Price and Style (value) (2017-2022)
      • 5.1. Introduction
      • 5.2. global Used Car Trading (Value)
        • 5.2.1. global Used Car Trading by: Type (Value)
          • 5.2.1.1. Diesel
          • 5.2.1.2. Petrol
          • 5.2.1.3. Others
        • 5.2.2. global Used Car Trading by: Application (Value)
          • 5.2.2.1. Private vehicle
          • 5.2.2.2. Commercial vehicle
        • 5.2.3. global Used Car Trading by: Vendor type (Value)
          • 5.2.3.1. Organized
          • 5.2.3.2. Unorganized
        • 5.2.4. global Used Car Trading by: Price (Value)
          • 5.2.4.1. Low
          • 5.2.4.2. Medium
          • 5.2.4.3. High
        • 5.2.5. global Used Car Trading by: Style (Value)
          • 5.2.5.1. Sedan
          • 5.2.5.2. SUV
          • 5.2.5.3. Coupe
          • 5.2.5.4. Hatchback
          • 5.2.5.5. Van/ Minivan
          • 5.2.5.6. Convertible
          • 5.2.5.7. AWD/4WD
    • 6. Used Car Trading: Manufacturers/Players Analysis
      • 6.1. Competitive Landscape
        • 6.1.1. Market Share Analysis
          • 6.1.1.1. Top 3
          • 6.1.1.2. Top 5
      • 6.2. Peer Group Analysis (2022)
      • 6.3. BCG Matrix
      • 6.4. Company Profile
        • 6.4.1. Autotrader Inc. (United States)
          • 6.4.1.1. Business Overview
          • 6.4.1.2. Products/Services Offerings
          • 6.4.1.3. Financial Analysis
          • 6.4.1.4. SWOT Analysis
        • 6.4.2. CarsDirect (United States)
          • 6.4.2.1. Business Overview
          • 6.4.2.2. Products/Services Offerings
          • 6.4.2.3. Financial Analysis
          • 6.4.2.4. SWOT Analysis
        • 6.4.3. CarGurus. Inc. (United States)
          • 6.4.3.1. Business Overview
          • 6.4.3.2. Products/Services Offerings
          • 6.4.3.3. Financial Analysis
          • 6.4.3.4. SWOT Analysis
        • 6.4.4. Hemmings (New England)
          • 6.4.4.1. Business Overview
          • 6.4.4.2. Products/Services Offerings
          • 6.4.4.3. Financial Analysis
          • 6.4.4.4. SWOT Analysis
        • 6.4.5. Autolist (United States)
          • 6.4.5.1. Business Overview
          • 6.4.5.2. Products/Services Offerings
          • 6.4.5.3. Financial Analysis
          • 6.4.5.4. SWOT Analysis
        • 6.4.6. AutoTempest (United States)
          • 6.4.6.1. Business Overview
          • 6.4.6.2. Products/Services Offerings
          • 6.4.6.3. Financial Analysis
          • 6.4.6.4. SWOT Analysis
        • 6.4.7. TrueCars (United States)
          • 6.4.7.1. Business Overview
          • 6.4.7.2. Products/Services Offerings
          • 6.4.7.3. Financial Analysis
          • 6.4.7.4. SWOT Analysis
        • 6.4.8. Cars.com (United States)
          • 6.4.8.1. Business Overview
          • 6.4.8.2. Products/Services Offerings
          • 6.4.8.3. Financial Analysis
          • 6.4.8.4. SWOT Analysis
        • 6.4.9. Gauzi.com (China)
          • 6.4.9.1. Business Overview
          • 6.4.9.2. Products/Services Offerings
          • 6.4.9.3. Financial Analysis
          • 6.4.9.4. SWOT Analysis
        • 6.4.10. Kelly Blue Book Co (United States)
          • 6.4.10.1. Business Overview
          • 6.4.10.2. Products/Services Offerings
          • 6.4.10.3. Financial Analysis
          • 6.4.10.4. SWOT Analysis
    • 7. global Used Car Trading Sale, by Type, Application, Vendor type, Price and Style (value) (2023-2028)
      • 7.1. Introduction
      • 7.2. global Used Car Trading (Value)
        • 7.2.1. global Used Car Trading by: Type (Value)
          • 7.2.1.1. Diesel
          • 7.2.1.2. Petrol
          • 7.2.1.3. Others
        • 7.2.2. global Used Car Trading by: Application (Value)
          • 7.2.2.1. Private vehicle
          • 7.2.2.2. Commercial vehicle
        • 7.2.3. global Used Car Trading by: Vendor type (Value)
          • 7.2.3.1. Organized
          • 7.2.3.2. Unorganized
        • 7.2.4. global Used Car Trading by: Price (Value)
          • 7.2.4.1. Low
          • 7.2.4.2. Medium
          • 7.2.4.3. High
        • 7.2.5. global Used Car Trading by: Style (Value)
          • 7.2.5.1. Sedan
          • 7.2.5.2. SUV
          • 7.2.5.3. Coupe
          • 7.2.5.4. Hatchback
          • 7.2.5.5. Van/ Minivan
          • 7.2.5.6. Convertible
          • 7.2.5.7. AWD/4WD
    • 8. Appendix
      • 8.1. Acronyms
    • 9. Methodology and Data Source
      • 9.1. Methodology/Research Approach
        • 9.1.1. Research Programs/Design
        • 9.1.2. Market Size Estimation
        • 9.1.3. Market Breakdown and Data Triangulation
      • 9.2. Data Source
        • 9.2.1. Secondary Sources
        • 9.2.2. Primary Sources
      • 9.3. Disclaimer
    List of Tables
    • Table 1. Used Car Trading: by Type(USD Million)
    • Table 2. Used Car Trading: by Application(USD Million)
    • Table 3. Used Car Trading: by Vendor type(USD Million)
    • Table 4. Used Car Trading: by Price(USD Million)
    • Table 5. Used Car Trading: by Style(USD Million)
    • Table 6. Company Basic Information, Sales Area and Its Competitors
    • Table 7. Company Basic Information, Sales Area and Its Competitors
    • Table 8. Company Basic Information, Sales Area and Its Competitors
    • Table 9. Company Basic Information, Sales Area and Its Competitors
    • Table 10. Company Basic Information, Sales Area and Its Competitors
    • Table 11. Company Basic Information, Sales Area and Its Competitors
    • Table 12. Company Basic Information, Sales Area and Its Competitors
    • Table 13. Company Basic Information, Sales Area and Its Competitors
    • Table 14. Company Basic Information, Sales Area and Its Competitors
    • Table 15. Company Basic Information, Sales Area and Its Competitors
    • Table 16. Used Car Trading: by Type(USD Million)
    • Table 17. Used Car Trading: by Application(USD Million)
    • Table 18. Used Car Trading: by Vendor type(USD Million)
    • Table 19. Used Car Trading: by Price(USD Million)
    • Table 20. Used Car Trading: by Style(USD Million)
    • Table 21. Research Programs/Design for This Report
    • Table 22. Key Data Information from Secondary Sources
    • Table 23. Key Data Information from Primary Sources
    List of Figures
    • Figure 1. Porters Five Forces
    • Figure 2. Supply/Value Chain
    • Figure 3. PESTEL analysis
    • Figure 4. global Used Car Trading: by Type USD Million (2017-2022)
    • Figure 5. global Used Car Trading: by Application USD Million (2017-2022)
    • Figure 6. global Used Car Trading: by Vendor type USD Million (2017-2022)
    • Figure 7. global Used Car Trading: by Price USD Million (2017-2022)
    • Figure 8. global Used Car Trading: by Style USD Million (2017-2022)
    • Figure 9. global Used Car Trading share by Players 2022 (%)
    • Figure 10. global Used Car Trading share by Players (Top 3) 2022(%)
    • Figure 11. global Used Car Trading share by Players (Top 5) 2022(%)
    • Figure 12. BCG Matrix for key Companies
    • Figure 13. Autotrader Inc. (United States) Revenue, Net Income and Gross profit
    • Figure 14. Autotrader Inc. (United States) Revenue: by Geography 2022
    • Figure 15. CarsDirect (United States) Revenue, Net Income and Gross profit
    • Figure 16. CarsDirect (United States) Revenue: by Geography 2022
    • Figure 17. CarGurus. Inc. (United States) Revenue, Net Income and Gross profit
    • Figure 18. CarGurus. Inc. (United States) Revenue: by Geography 2022
    • Figure 19. Hemmings (New England) Revenue, Net Income and Gross profit
    • Figure 20. Hemmings (New England) Revenue: by Geography 2022
    • Figure 21. Autolist (United States) Revenue, Net Income and Gross profit
    • Figure 22. Autolist (United States) Revenue: by Geography 2022
    • Figure 23. AutoTempest (United States) Revenue, Net Income and Gross profit
    • Figure 24. AutoTempest (United States) Revenue: by Geography 2022
    • Figure 25. TrueCars (United States) Revenue, Net Income and Gross profit
    • Figure 26. TrueCars (United States) Revenue: by Geography 2022
    • Figure 27. Cars.com (United States) Revenue, Net Income and Gross profit
    • Figure 28. Cars.com (United States) Revenue: by Geography 2022
    • Figure 29. Gauzi.com (China) Revenue, Net Income and Gross profit
    • Figure 30. Gauzi.com (China) Revenue: by Geography 2022
    • Figure 31. Kelly Blue Book Co (United States) Revenue, Net Income and Gross profit
    • Figure 32. Kelly Blue Book Co (United States) Revenue: by Geography 2022
    • Figure 33. global Used Car Trading: by Type USD Million (2023-2028)
    • Figure 34. global Used Car Trading: by Application USD Million (2023-2028)
    • Figure 35. global Used Car Trading: by Vendor type USD Million (2023-2028)
    • Figure 36. global Used Car Trading: by Price USD Million (2023-2028)
    • Figure 37. global Used Car Trading: by Style USD Million (2023-2028)
    List of companies from research coverage that are profiled in the study
    • Autotrader Inc. (United States)
    • CarsDirect (United States)
    • CarGurus. Inc. (United States)
    • Hemmings (New England)
    • Autolist (United States)
    • autoTempest (United States)
    • TrueCars (United States)
    • cars.com (United States)
    • Gauzi.com (China)
    • Kelly Blue Book Co (United States)
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    Key Highlights of Report


    Apr 2023 201 Pages 73 Tables Base Year: 2022 Coverage: 15+ Companies; 18 Countries

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    Frequently Asked Questions (FAQ):

    Top performing companies in the global Used Car Trading market are Autotrader Inc. (United States), CarsDirect (United States), CarGurus. Inc. (United States), Hemmings (New England), Autolist (United States), autoTempest (United States), TrueCars (United States), cars.com (United States), Gauzi.com (China) and Kelly Blue Book Co (United States), to name a few.
    "Increasing demand of used cars" is seen as one of major influencing trends for Used Car Trading Market during projected period 2022-2028.
    Diesel segment in global market to hold robust market share owing to "Convenience of online shopping ".

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