The US Used Car Retail Market Size, Trends & Forecasts To 2017-2021
"The Report The US Used Car
Retail Market: Size, Trends & Forecasts (2017-2021) provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
About
US
Used Car Retail
Market
Scope of the Report
The report entitled The US Used Car
Retail Market: Size, Trends & Forecasts (2017-2021), provides
analysis of the US used car retail market, with detailed analysis of
market size by value, volume and segments.
Moreover, the report assesses the key
opportunities in the market and outlines the factors that are and
will be driving the growth of the industry. Growth of the overall
used car retail market has also been forecasted for the years
2017-2021, taking into consideration the previous growth patterns,
the growth drivers and the current and future trends.
Autonation Inc., CarMax Inc., Sonic
Automotive Inc. and Penske Automotive Group are some of the key
players operating in the US used car retail market, whose company
profiling has been done in the report. In this segment of the report,
business overview, financial overview and business strategies of the
companies are provided.
Company Coverage
Autonation Inc.
CarMax Inc.
Sonic Automotive Inc.
Penske Automotive Group Inc.
Executive Summary
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A used car, also called as a pre-owned
vehicle, or a secondhand car refers to a vehicle that formerly has
had one or more than one retail owners. Independent, franchise car
owners, leasing offices, rental car companies, auctions, and private
parties are some of the channels via which used cars are sold to the
consumers.
The US used car retail market can be
divided on the basis of dealership and engine capacity. On the basis
of dealership, the market can be classified into franchised dealers,
independent dealers and private party sales. On the basis of engine
capacity, the market can be divided into compact, mid and full size.
The US used car retail market is expected
to increase at high growth rates during the forecast period
(2017-2021). The US used car retail market is supported by various
growth drivers, such as increasing disposable income, introduction of
standalone stores in the US, incentives on new cars and rising share
of CPO sales from franchised dealers.
However, limited dealers offering hassle
free customer experience and reducing consumer satisfaction with
conventional used car process are some of the challenges associated
with the market. Opportunities for new entrants and acceleration in
sales of used cars via online channels are some of the latest trends
in the market.
Table Of Contents
1. Executive Summary
2. Introduction
2.1 Used Car: An Overview
2.2 Used Car: Pricing Overview
2.3 US Used Car Retail Market Segments
2.4 Certified Pre Owned Used Car: An
Overview
3. The US Market Analysis
3.1 The US Used Car Retail Market: An
Analysis
3.1.1 The US Used Car Retail Market by
Value
3.1.2 The US Used Car Retail Market by
Volume
3.2 The US Used Car Retail Market:
Segment Analysis
3.2.1 The US Used Car Retail Market by
Segments
3.2.2 The US Franchised Dealers Used Car
Market by Volume
3.2.3 The US Independent Dealers Used Car
Market by Volume
3.2.4 The US Private Party Used Car
Market by Volume
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4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increasing Disposable Income
4.1.2 Introduction of Standalone Stores
in the US
4.1.3 Incentives on New Cars
4.1.4 Increasing Share of CPO Sales from
Franchised Dealers
4.2 Challenges
4.2.1 Limited Dealers offering Hassle
Free Customer Experience
4.2.2 Reducing Customer Satisfaction
4.3 Market Trends
4.3.1 Opportunities for New Entrants
4.3.2 Acceleration in Online Used Car
Sales
5. Competitive Landscape
5.1 The US Used Car Retail Market Sales
Comparison
5.2 The US Used Car Market by Players
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