Taiwan Used Vehicle Market is driven by Increasing Presence of Online Platforms coupled with rising number of inspection checks performed by Multi-Brand and Captive Dealers before selling a used vehicle: 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 “Introduction of government policies (Scrappage Programme) coupled with shift in customer preference towards Captive Dealers for purchasing used vehicles have driven the Taiwan Used Vehicle Market”. The report titled “Taiwan Used Vehicle Market Outlook to 2025 – By Type (Sedans, SUV’s, Hatchbacks, MPVs, LCVs and Others), By Vehicle Age, By Cities, By Organized and Unorganized, By Brand (Toyota, Mitsubishi, Honda, Nissan, Mercedes Benz, Mazda and Others), By Distance Driven and By Price Range” by Ken Research suggested that the Taiwan Used Vehicle Market has been increasing due to surge in average disposable income per capita coupled with faster car replacement rate and introduction of government policies to offer subsidy on purchase of new vehicles. The market is expected to register a positive CAGR of 4.8% in terms of sales volume during the forecast period 2018-2025. Government’s Scrappage Program: Taiwanese Government has initiated a scrappage programme in the year 2016 to promote the sale of new cars by providing subsidy of NTD 50,000 on purchase of new car and discarding/exporting vehicles older than 6 years has given rise to the sales volume of used cars in Taiwan. The scrappage program has been quite successful, as it has led to around 30% of new vehicle purchases in the year 2016, which shows it was an effective strategy. The sale of new vehicles in the country has positively impacted the used vehicle market in Taiwan as it has led to faster replacement period of a vehicle. Faster Replacement Age of Vehicles: The average replacement rate of used vehicle in Taiwan is growing over the years from 3.5 years in 2013 to 3.4 years in 2018, largely due to the high resale value a seller gets on replacing a vehicle between 2-4 years of vehicle age. The dealership outlets keep replacing the cars with the fast moving models so as to ensure higher margins on the sale of such cars. The value of a new car depreciates 20% in the first year followed by a depreciation of 5% each year henceforth. To learn more about this report Download a Free Sample Report Strong Presence of Online Platform and Emergence of Captive Dealers: Strong reach of online platforms and the facility to provide inspection check and certificate of original cars by captive dealers has instill a sense of security in the mind of consumers and has largely helped organized dealers to gain traction in the market. Moreover, additional services provided by online platforms and captive dealers includes financial consultation and transfer of registration certificate on buying a used car has lessen the burden of consumers and has positively impacted the used vehicle market in the country. Key Segments Covered:- By Distribution Channel Organized Players Unorganized Players By Organized Players Multi-Brand Dealers Captive Dealers Auction Dealers By Type of Vehicle Sedans SUV’s Hatchbacks MPVs LCV’s Others By Vehicle Age 0-2 Years 2-4 Years 4-6 Years More than 6 Years By Cities Taichung City New Taipei City Taoyuan City Koahsiung City Taipei Tainan Hsinchu Others By Price Less Than NTD 150,000 NTD 150,000- NTD 250,000 NTD 250,000- NTD 550,000 NTD 550,000- NTD 750,000 More Than NTD 750,000 By Distance Driven Less than 5,000 kms 5,000- 20,000 kms 20,000-50,000 kms 50,000- 80,000 kms 80,000- 120,000 kms Above 120,000 kms By Brand Toyota (Lexus) Mitsubishi Honda Nissan Mercedes Benz Mazda 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: 2019F-2025F Companies Covered:- Major Online Players in Taiwan 8891.com All Best Choice Major Captive Dealers Lexus Toyota Jaguar Approved Mitsubishi MPO Ford Assured Audi Approved Plus Das Welt Auto Land Rover Porsche Approved Multi-Brand Dealers SUM SAVE Hot Car Car OK For more information, refer to below link:- Taiwan Used Vehicle Market Related Reports:- Indonesia Used Car Market Outlook to 2023 – Rising Popularity of Online Platforms and Reduction in Average Ownership Period to Drive Used Car Sales 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 Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: 8891 Taiwan Used Vehicle Market Revenue, 8891台湾二手车市场收入, All Best Choice Used Vehicle Market Revenue, Audi Used Vehicle Market Taiwan, BMW Used Vehicle Market Taiwan, C2C Sales Used Vehicle Taiwan Market, Car OK Taiwan Used Vehicle Market Sales, Car OK Used Vehicle Market Shares, Das Welt Auto Used Vehicle Market Taiwan, Ford Used Vehicle Market Taiwan, Hatchbacks Used Vehicle Market Taiwan, Hot Car Used Cars Market Revenue, Hsinchu Used Vehicle Market Revenue, Hyundai Used Vehicle Market Taiwan, Industry Research Report Of Taiwan Used Vehicle, Koahsiung Used Vehicle Market Shares, Land Rover Used Vehicle Market Sales Taiwan, LCVs Used Vehicle Market Taiwan, Market Research Report Of Taiwan Used Vehicle, Market Share Used Vehicle Dealers Taiwan, Mazda Used Vehicle Market Taiwan, Mercedes Benz Used Vehicle Market Taiwan, Mitsubishi Used Vehicle Market Taiwan, MPVs Used Vehicle Market Taiwan, Number of Used Vehicles in Taiwan, Online Auto Classifieds Taiwan, Porsche Used Vehicle Market Revenue Taiwan, Pre Owned Vehicle Market Sales Taiwan, SAVE Taiwan Used Vehicle Market Shares, Second Hand Vehicle Market Taiwan, Sedans Used Vehicle Market Taiwan, SUM Used Cars Market Sales Volume, SUV’s Used Vehicle Market Taiwan, SUV的二手车市场台湾, Taichung Used Vehicle Market Size, Tainan Used Vehicle Market Size, Taipei Used Vehicle Market Dealers, Taiwan Auction Dealers Used Vehicle Market, Taiwan B2C Sales Used Vehicle Market, Taiwan Captive Dealers Used Vehicle Market, Taiwan Car Ownership Period, Taiwan Multi Brand Dealers Used Vehicle Market, Taiwan Pre Owned Vehicle Industry, Taiwan Pre Owned Vehicle Market, Taiwan Second Hand Vehicle Market Sales, Taiwan Second Hand Vehicle Trends, Taiwan Used Car Market, Taiwan Used Vehicle Industry, Taiwan Used Vehicle Industry Research Report, Taiwan Used Vehicle Market, Taiwan Used Vehicle Market Analysis, Taiwan Used Vehicle Market Average Price, Taiwan Used Vehicle Market Competition, Taiwan Used Vehicle Market Forecast, Taiwan Used Vehicle Market Future Outlook, Taiwan Used Vehicle Market Growth, Taiwan Used Vehicle Market Major Players, Taiwan Used Vehicle Market Research Report, Taiwan Used Vehicle Market Revenue, Taiwan Used Vehicle Market Shares, Taiwan Used Vehicle Market Size, Taiwan Used Vehicle Market Trends, Taiwan Used Vehicle OEM Certified Dealers, Taiwan Used Vehicle Registration Process, Taiwan Used Vehicle Warranty, Taoyuan Used Vehicle Market Shares, Toyota Used Vehicle Market Taiwan, Toyota Used Vehicle Sales Taiwan, Used Passenger Vehicle Market Sales Taiwan, Used to New Vehicle Ratio Taiwan, Used Vehicle Dealers Margin Taiwan, Used Vehicle Industry In Taiwan, Used Vehicle Market In Taiwan, Used Vehicle Market Sales Taipei, Used Vehicle Online Dealers Taiwan Used Vehicle Market Sales Nissan Taiwan, Used Vehicle Sales Statistics Taiwan, Venture Capital Firms In Taiwan, Volkswagen Used Vehicle Market Taiwan, 丰田二手车销售台湾, 台湾B2C销售二手车市场, 台湾三菱二手车市场, 台湾二手车市场, 台湾二手车市场销售, 台湾二手车数量, 台湾二手车趋势, 台湾宝马二手车市场, 所有最佳选择二手车市场收入, 汽车OK台湾二手车市场销售