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Leena Leena added blog Other
2024-04-03 07:20:52 -

The Global Used Car Market Primed for Growth Driven by Affordability
The used car market offers pre-owned vehicles at lower prices compared to new vehicles, making car ownership affordable for cost-conscious consumers. Used vehicles come with an established maintenance history and require fewer spendings overall compared to new vehicles. The growing need for affordable mobility solutions is a key factor propelling growth in the used car market. The global used...

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Leena Leena added blog Other
2024-05-20 10:39:39 -

Used Car Market is driven by growing demand for affordable vehicle options
The used car market deals in the sale and purchase of pre-owned or previously owned motor vehicles. Used vehicles have depreciated significantly from their initial purchase price and hence provide a more affordable mobility option. They can range from slightly used vehicles that are a few years old to older models that may be 10-15 years old. Some of the key advantages of opting for a used...

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Leena Leena added blog Other
2024-07-24 11:45:34 -

Used Car Market is Estimated to Witness High Growth Owing to Rise in Online Car Buying and Remarketing
The global used car market is estimated to be valued at US$ 1.78 trillion in 2024 and is expected to exhibit a CAGR of 6.3% over the forecast period from 2024 to 2031.Key TakeawaysKey players operating in the used car market are Arnold Clark Automobiles Ltd., Asbury Automotive Group Inc., AutoNation Inc., Autotrader, AutoScout24, Universal Motor Agencies, CarMax Inc., Carvana, Cox Automotive...

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