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North America Used Car Market Size- By Technology, By Vendor Type, By Propulsion, By Dealership, By Sales Channel, By Vehicle Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Publisher SPER Market Research Pvt. Ltd.
Published Feb 13, 2024
Length 158 Pages
SKU # SPER19034073

Description

North America Used Car Market Size- By Technology, By Vendor Type, By Propulsion, By Dealership, By Sales Channel, By Vehicle Type - Regional Outlook, Competitive Strategies and Segment Forecast to 2033


North America Used Car Market Introduction and Overview

According to SPER market research, North America Used Car Market Size – By Technology, By Vendor Type, By Propulsion, By Dealership, By Sales Channel, By Vehicle Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North American Second Hand Cars Market is predicted to reach USD 5.98 billion by 2033 with a CAGR of 9.89%.

A used, pre-owned, or second hand car is one that has had one or more retail owners in the past. Auctions, private sales, buy-here-pay businesses, franchised and independent auto dealers, rental car companies, and leasing offices are a few locations where you can acquire used cars. Some car sellers offer extended service contracts or warranties, “no-haggle prices,” and “certified” pre-owned cars. Consumers now have access to a different market thanks to the introduction of electric and hybrid cars as well as technical developments like the internet.

The COVID-19 pandemic affected the North American used automobile market and changed consumer behavior and market dynamics significantly. Widespread lockdowns and economic uncertainty caused many prospective purchasers to postpone purchases, which decreased demand for old cars. This drop was most noticeable in the early phases of the epidemic, when people prioritized necessities above frivolous spending.

Scope of the Report:

Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Technology, By Vendor Type, By Propulsion, By Dealership, By Sales Channel, By Vehicle Type
Regions covered United States, Canada, Mexico

Companies Covered

Asbury Automotive Group, AutoNation, Inc, CarMax Business Services, Cox Automotive, eBay Inc, Group1 Automotive, Inc., HELLMAN & FRIEDMAN LLC, Hendrick Automotive Group, Lithia Motors, Inc, Manheim, TrueCar, Inc, VROOM.

North America Used Car Market Segmentation:

By Vendor Type:Based on the Vendor Type, North America Used Car Market is segmented as; Organized, Unorganized.

By Propulsion:Based on the Propulsion, North America Used Car Market is segmented as; Petrol, Diesel, CNG, LPG, Electric, Others.

By Dealership:Based on the Dealership, North America Used Car Market is segmented as; Franchised, Independent.

By Sales Channel: Based on the Sales Channel, North America Used Car Market is segmented as; Online, Offline.

Table of Contents

158 Pages
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the North America Used Car Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. North America Used Car Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Used Car Market
7. North America Used Car Market, By Vendor Type (USD Million)
7.1. North America Used Car Market Value Share and Forecast, By Vendor Type, 2024-2033
7.2. Organized
7.3. Unorganized
8. North America Used Car Market, By Propulsion (USD Million)
8.1. North America Used Car Market Value Share and Forecast, By Propulsion, 2024-2033
8.2. Petrol
8.3. Diesel
8.4. CNG
8.5. LPG
8.6. Electric
8.7. Others
9. North America Used Car Market, By Dealership (USD Million)
9.1. North America Used Car Market Value Share and Forecast, By Dealership, 2024-2033
9.2. Franchised
9.3. Independent
10. North America Used Car Market, By Sales Channel (USD Million)
10.1. North America Used Car Market Value Share and Forecast, By Sales Channel, 2024-2033
10.2. Online
10.3. Offline
11. North America Used Car Market, By Vehicle Type (USD Million)
11.1. North America Used Car Market Value Share and Forecast, By Vehicle Type, 2024-2033
11.2. Passenger Car
11.3. LCV
11.4. HCV
11.5. Electric Vehicle
12. North America Used Car Market Forecast, 2019-2033 (USD Million)
12.1. North America Used Car Market Size and Market Share
13. North America Used Car Market, By Vendor Type, 2020-2033 (USD Million)
13.1. North America Used Car Market Size and Market Share By Vendor Type (2020-2026)
13.2. North America Used Car Market Size and Market Share By Vendor Type (2027-2033)
14. North America Used Car Market, By Propulsion, 2020-2033 (USD Million)
14.1. North America Used Car Market Size and Market Share By Propulsion (2020-2026)
14.2. North America Used Car Market Size and Market Share By Propulsion (2027-2033)
15. North America Used Car Market, By Dealership, 2020-2033 (USD Million)
15.1. North America Used Car Market Size and Market Share By Dealership (2020-2026)
15.2. North America Used Car Market Size and Market Share By Dealership (2027-2033)
16. North America Used Car Market, By Sales Channel, 2020-2033 (USD Million)
16.1. North America Used Car Market Size and Market Share By Sales Channel (2020-2026)
16.2. North America Used Car Market Size and Market Share By Sales Channel (2027-2033)
17. North America Used Car Market, By Vehicle Type, 2020-2033 (USD Million)
17.1. North America Used Car Market Size and Market Share By Vehicle Type (2020-2026)
17.2. North America Used Car Market Size and Market Share By Vehicle Type (2027-2033)
18. North America Used Car Market, By Region, 2020-2033 (USD Million)
18.1. North America Used Car Market Size and Market Share By Region (2020-2026)
18.2. North America Used Car Market Size and Market Share By Region (2027-2033)
18.3. United States
18.4. Canada
18.5. Mexico
19. Company Profile
19.1. Asbury Automotive Group
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. AutoNation, Inc
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. CarMax Business Services
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. Cox Automotive
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. eBay Inc
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Group1 Automotive, Inc.
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. HELLMAN & FRIEDMAN LLC
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Hendrick Automotive Group
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Lithia Motors, Inc
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Manheim
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. PENDRAGON
19.11.1. Company details
19.11.2. Financial outlook
19.11.3. Product summary
19.11.4. Recent developments
19.12. Sun Toyota
19.12.1. Company details
19.12.2. Financial outlook
19.12.3. Product summary
19.12.4. Recent developments
19.13. THE HERTZ CORPORATION
19.13.1. Company details
19.13.2. Financial outlook
19.13.3. Product summary
19.13.4. Recent developments
19.14. TrueCar, Inc
19.14.1. Company details
19.14.2. Financial outlook
19.14.3. Product summary
19.14.4. Recent developments
19.15. VROOM
19.15.1. Company details
19.15.2. Financial outlook
19.15.3. Product summary
19.15.4. Recent developments
19.16. Others
15 List of Abbreviations
16 Reference Links
17 Conclusion
18 Research Scope

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