United States Used Car Market Size, Share, Forecasts to 2032

The United States Used Car Market Size is expected to reach USD 385.18 Billion by 2032, at a CAGR of 7.25% during the forecast period 2022 to 2032.

A comprehensive historical analysis of the US Used Car Market has been thoroughly analyzed in this report. It offers data and insights from 2019–2022, and provides extensive market forecasts from 2023–2032 by region, country, and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the US used car market.

The US used car market size is expected to reach USD 385.18 billion by 2032, at a CAGR of 7.25% during the forecast period of 2022–2032.

The report includes growth prospects in the US used car market by type, application, sub-segment, and region, and QMI has compiled a comprehensive, detailed research report to offer insights. The report details consumption in the automotive, transportation, and other sectors. Regional coverage spans North America, Europe, and the rest of the world, including Asia and the Pacific.

Leading players of US Used Car including:

TrueCar CarGurus Manheim Greater Rockford Auction Group ServNet Copart Inc. McConkey Auction KAR Auction Services ACV Auctions Auto Auction Mall Major Online E-Commerce Platform CarMax Carvana Vroom Shift Technologies

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The market split by segment can be divided into:

By Vehicle Type Hybrid Conventional Electric

By Fuel Type Diesel Petrol Others

Market segment by region or country, including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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Whats covered in the report?

  • 1. Overview of the US Used Car market.
  • 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the US Used Car market, based on segement.
  • 3. US Used Car Market trends.
  • 4. US Used Car Market drivers.
  • 5. Analysis of major company profiles.

Reasons to buy this market report:


1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging US used car market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging US Used Car Industry.
3. Leading company profiles reveal details of key US Used Car market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging US Used Car market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the US Used Car market over the upcoming seven years
7. Accurate estimation of the US Used Car market size
8. Exact estimations of the upcoming trends and changes observed in consumer behavior
9. Growth of the US Used Car market across North and South America, EMEA, Asia Pacific, and Latin America
10. Information about US Used Car market's growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-à-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the US Used Car market

About the Spherical Insights

Spherical Insights is a market research and consulting firm that provides actionable market research studies, quantitative forecasting, and trend analysis. It provides forward-looking insight, especially designed for decision-makers, and aids ROI.

which caters to different industries such as financial sectors, industrial sectors, government organizations, universities, non-profits, and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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Ranjit Gavali

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