Used Car Market Share, Size, trends, Outlook and Forecast 2023-2028
The latest report published by IMARC Group, titled “ Used Car Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a comprehensive analysis of the industry, which comprises insights on the market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global used car market growth is expected to exhibit a growth rate (CAGR) of 9.1% during 2023-2028. A used car or second-hand car is a vehicle that has been previously owned and driven by one or more individuals. These cars are available for purchase from a variety of sources, including private sellers, used car dealerships, and online marketplaces. Used cars are much more affordable than buying a new car as these cars are generally less expensive than brand-new cars and often come with a lower purchase price, insurance premiums, and taxes. Consequently, this makes them a popular choice for those who are on a budget...