UK Used Car Market Outlook to 2023: 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 “UK Used Car Market Outlook to 2023 – Market Structure (Organized and Unorganized Market); Type of Used Cars (MPVs / Sedan, Economy / Hatchbacks and SUVs); Kilometers Driven(Less than 5,000 km; 5,000-20,000 km; 20,000-50,000 km; 50,000-80,000 km; 80,000-120,000 km and Above 120,000 km); By Year of Manufacture (< 2000, 2000-2002, 2003-2005, 2006-2008, 2009-2012 and 2013-2018); and By Car Make (Toyota, Ford, Nissan, Volkswagen, Vauxhall, BMW, Honda, Kia, Lexus, Renault and Others)” provides a comprehensive analysis on used car industry of the UK. The report covers various aspects including introduction on the UK Used car market, market size on the basis of Gross Transaction Value and sales volume, market segmentations by market structure (Organized and Unorganized Market); by Type of used car; by Kilometers driven; by Manufacturer; by Car Make; business models of offline and online used car market, auction market, customer profile, customer pain points, decision making parameters, trends and developments, issues and challenges, government regulations, OLX Case Study and competitive landscape including offline and online companies in the UK used car space and cross comparison of organized used car dealers and their company profiles. The report concludes with market projections for the segments described above and analyst recommendations highlighting the major opportunities and cautions for the UK used car market. UK Used Cars Market Overview and Size The UK used car market is at a late growth stage along with single digit CAGR in terms of sales volume during the year 2018. Factors such as increasing disposable incomes, availability of the financing and insurance options makes it convenient and easy for the customers and provides a pleasant experience to the buyers of the used car. The rise in internet and mobile penetration has incentivized dealers to use this platform as it gives them the ability to reach a larger audience and result in a surged used car sales volume by 2023. UK Used Car Market Segmentation By Market Structure (Organized and Unorganized Market): Organized market dominated both in terms of Gross Transaction Value (GTV) and sales volume during the year 2018. The organized used car market has been leading in the entire UK owing to the fact that they offer documentation regarding the stringent inspection process, MOT and the transfer of ownership. However, the unorganized market fails to deliver these after-sales services to the customers. By Type of Used Car (MPVs / Sedan, Economy / Hatchbacks and SUVs): Hatchbacks have the highest market share followed by SUV’s and Sedans in the year 2018. This is due to low priced hatchbacks which have created a positive impact on the sales of used cars in the country. Owing to this fact, the Hatchbacks will continue to dominate the market in the future. By Kilometers Driven (Less than 5,000 km; 5,000-20,000 km; 20,000-50,000 km; 50,000-80,000 km; 80,000-120,000 km and Above 120,000 km): Pre-owned cars falling in the range of 20,000-80,000 km driven dominated UK used cars market in terms of sales volume in the year 2018. Further, used cars falling in the range of 80,000-120,000 km and above have grabbed the second highest market share and others. By Year of Manufacture (< 2000, 2000-2002, 2003-2005, 2006-2008, 2009-2012 and 2013-2018): The used cars manufactured in the years from 2013 to 2018 have recorded the highest market share in the UK used cars space in 2018. This segment recorded highest sales owing to the fact that potential buyers had a large variety of used car models to choose from. This was followed by the cars manufactured between 2009 to 2012. By Car Make (Toyota, Ford, Nissan, Volkswagen, Vauxhall, BMW, Honda, Kia, Lexus, Renault and Others): The most preferred used car brands in UK were observed to be Toyota, Ford, Nissan, Volkswagen and other brands, owing to the fact that the market share of the new car sales of the these brands are high due to which customers have established a trust factor with these brands. Moreover, these brands have a huge networking across the country to make sure that they are at a reachable distance from the customers. Comparative Landscape of UK Used Car Market The UK used car market was observed to be highly fragmented along with the presence of multiple outlets of the dealerships in the used car space. Auto Trader, Inchcape and Bristol Street Motors are the few major companies in the online and offline used car market. These companies were followed by the major players such as Pendragon PLC, Lookers Group, Sytner Group and many others. These market players compete on the basis of number of networks, marketing initiatives, certification, margins, price, after sales, lead generation, warranty types, brand partnerships and number of dealers associated with the dealer group. UK Used Car Market Future Outlook and Projections In future, it is anticipated that UK used car market in terms of GTV and sales volume will increase at a positive CAGR during the forecast period 2019–2023 due to increased number of dealerships and more number of lead generations through the online portals. In addition, the availability of the financing and insurance options makes it convenient and easy for the customers and also provide a pleasant experience to the buyers of the used car. The implementation of the government policies such as London Ultra Low Emission Zone, Alternate Fuel Vehicle (AFV), and others may have a slight negative impact on the used car market. However, the boost in the consumer spending will maintain the growing trend of the used cars in UK. Key Segments Covered Market Structure Organized Sector By Sales Channel (Multi-Brand Dealers and OEM-certified Dealers) By Lead Generation (Dealerships Walk-ins and Online Car Portals) Unorganized Sector By Sales Channel (C2C and Local Dealerships) By Lead Generation (Dealerships Walk-ins and Online Car Portals) Type of Used Cars MPVs / Sedans Economy / Hatchbacks SUVs Kilometers Driven Less than 5,000 km 5,000-20,000 km 20,000-50,000 km 50,000-80,000 km 80,000-120,000 km Above 120,000 km Year of Manufacture < 2000, 2000-2002 2003-2005 2006-2008 2009-2012 2013-2018 Key Target Audience Offline Dealers Online Portal Organized Multi Brands Dealers OEM Certified Dealerships Online Portal Private Equity and Venture Capitalist Industry Associations OEM Manufacturers Automotive Manufacturers Car Auction Companies Time Period Captured in the Report: Historical Period – 2013-2018 Forecast Period – 2018-2023 Online Companies Covered: Carsnip Autovillage.co.uk Auto Trader Group PLC Motors.co.uk Desperate Sellers Exchange and Mart Gumtree Inchcape PLC Bristol Street Motors Offline Companies Covered: Mazda Approved Used Cars Pendragon PLC Group Toyota Plus Approved Used Cars Sytner Group Lookers Group Marshall Motors Vertu Motors Key Topics Covered in the Report Introduction to the UK Used Car Market UK Used Car Market Size, 2013-2018 UK Used Car Market Segmentation, 2018 Trends and Developments in UK Used Car Market Issues and Challenges in UK Used Car Market Decision Making Process in UK Used Car Market Customer Pain Points in UK Used Car Market UK Used Car Auction Market Online Comparative Landscape in UK Used Car Market Offline Comparative Landscape in UK Used Car Market Government Regulations in UK Used Car Market Business Model in Online Used Car /Market Working Model in the UK Used Car Market OLX Used Car Success Story UK Used Car Market Future Outlook and Projections, 2018-2023 Analyst Recommendation for UK Used Car Market For More Information click on the below-mentioned link:- UK Used Car Market Related Reports by Ken Research:- 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) India Pre Owned Premium Car Market Outlook to 2023 – Growth Propelled by Traction from Digital Platforms, Surge in Certified Dealership, Decline in Average Car Price and Faster Launch of New Models Indonesia Used Car Market Outlook to 2023 – Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Auto Trader Online UK, By Car Make UK Used Cars, Government Regulations in UK Used Car Market, Gross Transaction Value of Used Cars in UK, Inspection and MOT Process in UK Used Car Market, Issues and Challenges in UK Used Car Market, Key Purchase Criteria for Buying Used Cars, Lookers Group in UK, Major Offline Dealers in UK Market, Major Used Car Dealers in UK, Offline Used Car Business Model, OLX Success Story Case Study, Online Genesis Used Car Market, Online Used Car Business Model, Pendragon Used Car Market Revenue, Transfer of Ownership in UK, Types of Used Cars in UK, UK Second Hand Cars Industry, UK Used Car Future Outlook and Projections, UK Used Car Industry Research Report, UK Used Car Market, UK Used Car Market Analyst Recommendations, UK Used Car Market Major Players, UK Used Car Market Research Report, UK Used Car Market Revenue, UK Used Car Year of Manufacture, UK Used Cars Market Sales Volume, Used Car Auction Companies in UK, Used Car Competition Scenario in UK, Used Car Market Customer Pain Points, Used Car Market Trends, Used Cars Buying and Selling Process, Used Cars Future Outlook UK, Used Cars Segmentation Kilometer Driven, WLTP and Brexit impact on Used Cars, Working Model of Used Car Dealerships