Malaysia Used Vehicle Market Outlook to 2025: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “Malaysia Used Vehicle Market Outlook to 2025 – By Type of Distribution Channel (Organized and Unorganized Dealers), By Mode of Selling (Online and Dealership Walk-Ins), By Type of Vehicle (Sedans, Hatchback, SUVs, MPVs, LCV and others), By Vehicle Age(0-3 years, 3-5 Years, 5-8 Years and More than 8 years), By Brand(Perodua, Toyota, Honda, Proton, Nissan and Others)” provides a comprehensive analysis of the Used Vehicle market in Malaysia. The report also covers the overview and genesis of the industry, Market size in terms of Gross Transaction Value, overall market size in terms of Volume, trends and developments, issues and challenges, regulations in Malaysia, snapshot on Malaysia used vehicle auto finance, business models, value chain analysis, SWOT analysis, Buying decision parameters, competitive scenario and company profiles. The report concludes with market projection and analyst recommendations highlighting the major opportunities and cautions. Malaysia Used Vehicle Overview and Size Malaysia Used Vehicle market in terms of sales volume has increased at a single digit CAGR over the review period 2013-2018. The market is gradually surging with high car ownership ratio, growing urban population, increasing average ticket size, faster vehicle replacement rate and increasing support of Malaysian government in terms of policy formulation and regulations. The market was observed to be at the late growth stage. The buyers in Malaysia are highly price sensitive with depreciating currency over the years. Government norms with respect to EEVs and ELV policy will positively impact Used Vehicle Market in Malaysia. Malaysians prefer to buy a used motor vehicle as new ones are very expensive. For middle or lower income group people, used cars have become more popular choices. Malaysia Used to New vehicle ratio has been increasing over the years leading to growth in sales volume of used cars in Malaysia. Malaysia Used Vehicle Market Segmentation By Distribution Channel: In Malaysia, the used vehicle market is highly fragmented with close 5000 used vehicle dealers operating in the market in the year 2018. The Organized players are very less, whereas unorganized dealers in Malaysia are very large in number present in different locations in Malaysia. Malaysia Used Vehicle Market in terms sales volume was largely dominated by Unorganized Dealers. On the other hand, organized dealer’s sales accounted the reaming share in 2018. By Organized Dealers: Multi Brand Dealership outlets are dominating in Malaysia Used Vehicle Market due to the large portfolio of vehicles provided with a huge space for negotiation on purchase. By Mode of Selling: In Malaysia, selling and buying a used vehicle via online platform is the most convenient method for customers and dealers as sale of used vehicles via online platforms eliminates middlemen and its commission margin. Lower commission charged attracts major population to purchase used vehicles through online platform. By Type of Vehicle: Sedans and SUVs are the dominating segments in body type of used vehicle. Sedans have high average car life and lies within the budget of Malaysians. Preference to buy new MPV and LCVs was the key factor for low demand in the used vehicle segment. By Vehicle Age: 5-8 years of vehicle age accounted for highest market share due to the average replacement rate of 6 years in Malaysia. The market share is followed by 3-5 years of vehicle age as selling of vehicle during this period generates a high resale value. By City: Kuala Lumpur and Selengor are dominating the used vehicle market in terms of sales volume largely due to the higher percentage of people that solely depends on the passenger cars and growing working population observed in Selengor during last five years. By Price Range: The average ticket size of Malaysia used vehicle market is growing over the years. The price range of MYR 30,000 – MYR 50,000 accounted for highest percentage share due the replacement rate along with the depreciation charged over the years on new vehicles. By Brand: Perodua dominated the sales volume of used vehicle in Malaysia. Domestically manufactured vehicle brand include Perodua and Proton and Japanese brands that include Toyota, Honda and Nissan are the most preferred brands in the used-vehicle market due to strong brand preference, reliability, longer life span, and higher retention value of the used vehicle. Competitive Landscape Used Vehicle Market in Malaysia is highly fragmented with presence of around 5,000 dealers across all the cities in Malaysia. Used car dealers in Malaysia compete on the basis of number of dealership outlets; value added services, quality checks performed, insurance and finances and portfolio of used cars at their dealership store. There are numerous players that are operating in Malaysia Used Vehicle Market. Organized dealers include Direct Dealership Sales Agents (Toyota TopMark, Perodua Pre-Owned and Mercedes Benz Premium Selection) and Multi Brand Dealership Outlets (Deluxe Car Trader, Yap’s Auto Car City, Public Auto World, Keong Heng and others). Major online players for used vehicle market in Malaysia are Mudah.my, Carlist.my, Motor Trader, We Motor, My Motor, Autocari and others. Malaysia Used Vehicle Market Future Outlook The Malaysia Used Vehicle market in terms of sales volume is expected to grow in the future at a single digit CAGR over the forecast period (2018-2025E). In Future, it is anticipated that used car sales volume will be fuelled by increasing government policies related to used cars such as EEV and ELV, growing urban population, increasing car replacement rate, increasing inspection checks and growing customer confidence. Gross Transaction Volume will significantly increase at a positive CAGR during the period 2018-2025E due to the increasing average ticket size of a used vehicle over the years. Key Segments Covered:- By Distribution Channel Organized Dealers Multi Brand Retailers Direct Dealership Sales Agent Unorganized Dealers By Mode of Selling Online Dealership Walk-Ins By Type of Vehicle Sedans Hatchback 4WD/SUVs MPVs LCV Others By Vehicle Age 0 – 3 Years 3 – 5 Years 5 – 8 Years More than 8 Years By City Kuala Lumpur Selengor Johor Perak Others By Price Range MYR 0 – MYR 30,000 MYR 30,000 – MYR 50,000 MYR 50,000 – MYR 70,000 MYR 70,000 – MYR 90,000 More than MYR 90,000 By Brand Perodua Toyota Honda Proton Nissan Others Key Target Audience OEM’S Companies Multi Brand Dealers Captive Dealers Venture Capitalist Firms Government/ Regulatory Authorities Online Auto-Classifieds Time Period Captured in the Report:- Historical Period: 2013-2018 Forecast Period: 2019E-2025E Companies Covered: Major Online Players in Malaysia Carlist Mudah Motor Trader We Motor MyMotor Autocari myTukar CarlistBid Major Captive Dealers: Toyota TopMark Perodua Pre-Owned BMW Premium Selection Multi-Brand Dealers Public Auto World Enterprises Keong Heng Auto East 28 Motors Puncak Auto Enterprises Yap’s Auto Car City ML Advance Auto Seller Global Wheels Automotive Key Topics Covered in the Report:- Malaysia Used Vehicle Market Introduction (Overview, Genesis, Business Cycle) Malaysia Used Vehicle Market Ecosystem Malaysia Used Vehicle Market Business Model Used Vehicle Market Size Malaysia Malaysia Used Vehicle Auto Finance Malaysia Used Vehicle Market Segmentation Trends and Developments in Malaysia Used Vehicle Market Issues and Challenges in Malaysia Used Vehicle Market Malaysia Used Vehicle Market Regulations SWOT Analysis Malaysia Used Vehicle Buying Decision Parameters in Malaysia Used Vehicle Market Malaysia Used Vehicle Market Competition Scenario Malaysia Used Vehicle Market Future Projection, 2018-2025E Future Outlook of Malaysia Used Vehicle Market Segmentations, 2018-2025E Analyst Recommendations For More Information on The Research Report, refer to below link:- Malaysia Used Vehicle Market Related Reports by Ken Research:- China Used Vehicle Market Outlook to 2022 – by Type of Vehicle (Sedans, SUVs, Micro Vans, MPVs, Trucks, Buses, Cross Type Vehicles, Trailers, Motor Cycles and Low Speed Trucks), by Vehicle Age, by Distribution Channels, by Region, by Price of Vehicle Indonesia Used Car Market Outlook to 2023 – Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales UAE Used Car and Auto Classified Market Outlook to 2022 – By Revenue Streams (Commission, Paid Listings, Banner Advertisement), By Export and Domestic Sales Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Business Model Toyota TopMark, Car Replacement Rate Malaysia, Carlist Business Model Malaysia, Dealers Commission Margin Malaysia Used Vehicle, ELV Policy Malaysia, Major Players Malaysia Used Vehicle Market, Malaysia Car Ownership, Malaysia Online Auto-Classified Business Model, Malaysia Pre Owned Vehicle Market, Malaysia Second Hand Vehicle Market, Malaysia Used Car Registration Process, Malaysia Used Vehicle Average Price, Malaysia Used Vehicle Industry, Malaysia Used Vehicle Industry Research Report, Malaysia Used Vehicle Market, Malaysia Used Vehicle Market Forecast, Malaysia Used Vehicle Market Issues and Challenges, Malaysia Used Vehicle Market Opportunities, Malaysia Used Vehicle Market Outlook Future Outlook, Malaysia Used Vehicle Market Research Report, Malaysia Used Vehicle Market Segmentation, Malaysia Used Vehicle Market Share, Malaysia Used Vehicle Market Stage, Malaysia Used Vehicle Market SWOT, Malaysia Used Vehicle Market Threats, Malaysia Used Vehicle Sales, Malaysia Used Vehicle Trends, Malaysia Used Vehicle Warranty, Perodua Used Car Sales Malaysia, Pre Owned Vehicle Sales Malaysia, Second Hand Vehicle Sales Malaysia, Used Car Sales Toyota Malaysia, Used Cars Sales Kuala Lumpur, Used to New Car Ratio Malaysia, Used Vehicle Captive Dealers Malaysia, Used Vehicle Market, Used Vehicle Market Value Chain Malaysia, Used Vehicle Online Dealers Malaysia, Used Vehicle Sales Malaysia, Used Vehicle Warranty Malaysia