Germany Used Car Market is expected to reach about EUR 105 Billion in Gross Transaction Value (GTV) by 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 Germany Used Car Market By Organized and Unorganized in terms of GTV, Organized Market (Multi-brand Dealerships & OEM Certified Dealerships), By Unorganized Market (C2C, Online Sales and Local Dealers), By Car Make (Volkswagen, Opel, Mercedes, BMW, Ford, Audi, Renault, Skoda, Fiat, Peugeot and others), By Year of Manufacture (<2000, 2000-2002, 2003-2005, 2006-2008, 2009-2012, 2013-2018), By Kilometers Driven (Less than 5,000, 5,000-20,000, 20,000-50,000, 50,000-80,000, 80,000-120,000 and above 120,000) and By Type of used cars (Economy/Hatchback, MPV’s/Sedan and SUV’s). The major companies in the offline Germany used car market include Emil Frey Group, AVAG Holding SE, Dello-Durkop-Hansa-Group, Feser-Graf-Group, Senger Group, Weller Group, Gottfried Schultz, Tiemeyer Automobile Group and others. The major companies in the online used car market include Autoscout24, Mobile.de, Hey Car, Auto.de, True Car, BCA, Webauto.de and others. The used car sales in terms of volume is expected to increase in the future thereby, growing at a positive CAGR of 1.3%, due to increased penetration of the companies in the online portals for lead generation. The government of Germany is planning to entirely ban the diesel and petrol cars in the country by 2030, which has lead to a falling new car sales and older used cars. The customers have shifted towards the younger used cars until the electric cars take over the market. Penetration of multi-brand dealerships and OEM Certified dealerships will contribute to the growth of Germany used car market in the next few years. The multibrand dealerships are anticipated to grow with a CAGR of 7.0% and the OEM certified dealerships with a CAGR of 2.5% during the forecast period 2018-2023F Surge in Demand of Used Cars in Germany: The used car industry is anticipated to grow in the next few years owing to the fall in the new car sales due to the ban on the diesel and petrol cars. The German population in not wholly ready to accept the electric vehicles, which will contribute in the growth of the used cars market. The surge in the adoption of car financing and insurance options at the used car dealerships in Germany will lead to a significant growth in the used car market. Whereas, the country would be witnessing a growth in the used car dealerships, leading to an increased availability of used cars for the customers. It is anticipated that the SUV’s would see a growth in the future, whereas the MPV’s/Sedan would see a downfall in the future as they are considered as outdated and out styled in Germany. Adoption of Buy Sell Model: The Germany used car market was observed to have different sourcing channels of the used cars such as Buysell, Parksell and Trade-in. Whereas; Buysell was witnessed to dominate the market owing to the higher profit margins earned in this model and the higher customer preference to sell the used cars to the dealers rather than wait for a buyer to buy the used car. In a Buysell model the used car dealership buy the used cars from the seller and store them in its inventory, which is later sold to the buyers of the used car. It is anticipated that the market would witness an increase in the number of dealerships adopting the Buysell model entirely for sourcing the used cars at their dealerships. Rising Competition: Used car market in Germany was observed to be fragmented with large number of organized and unorganized used car dealers in the country. The used car industry is anticipated to witness a large number of used car dealers in both the organized and unorganized used car industry owing to the growing demand of the customers. Some of the major players in the organized market includes Gottfried-schultz, wellergruppe, AVAG Holding and some of the major players in the unorganized market includes Fahrzeug -werke LUEG AG, Auto Empire Trading and others. The rising competition in future would result in few challenges such as consumer uncertainty which will result downward pressure on new car registrations and also declining trust factor among the customers owing to the larger number of used car dealerships available to choose from. Analysts at Ken Research in their latest publication “Germany Used Car Market Outlook to 2023 – Led by Surge in Multi-Brand Dealerships Coupled with Improved Quality and Inspection of Used Cars” believe that the used cars industry in Germany has been growing owing to the entrance of new used car dealerships in the country, better services provided by the dealerships such as car financing, insurance, inspection and others, rising number of online used car companies and others. The market is expected to register a positive CAGR of 1.3% in terms of sales volume of used cars and 4.4% in terms of Gross Transaction Value (GTV) during the forecast period 2018-2023F. Key Segments Covered By Type of Market Structure: Organized Market Multi-brand Dealerships OEM Certified Dealerships Unorganized Market Customer to Customer Online Sales Local Dealers By Car Make: Volkswagen Opel Mercedes BMW Ford Audi Renault Skoda Fiat Peugeot Others (Seat, Hyundai, Toyota, Nissan, Mazda, Citroen, Smart, Kia, Mini, Volvo, Mitsubishi, Suzuki, Honda, Dacia, Porsche, Chevrolet, Alfa Romeo, Jeep, Subaru, Land Rover, Chrysler, Jaguar, Daihatsu, DS, Saab, Lancia, Lexus, MG Rover, Ssangyong, Sachsenring, Dodge, Iveco, Ferrari, Maserati, Cadilac, Infiniti, Tesia, Austin and rest) By Year of Ownership: <2000 2000-2002 2003-2005 2006-2008 2009-2012 2013-2018 By Kilometers Driven: Less than 5,000 5,000-20,000 20,000-50,000 50,000-80,000 80,000-120,000 Above 120,000 By Type of Used Cars: Economy/Hatchback MPV’s/Sedan SUV’s 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 – 2019-2023 Companies Covered: Online Dealerships: Autoscout24 Mobile.de Hey Car Auto.de True Car BCA Webauto.de Offline Dealerships: Emil Frey Group AVAG Holding SE Dello-Durkop-Hansa-Group Feser-Graf-Group Senger Group Weller Group Gottfried Schultz Tiemeyer Automobile Group Key Topics Covered in the Report Germany Used Car Market Introduction Business Model Prevalent in Germany Offline Used Cars Market Germany Used Car Market Size Germany Used Car Market Segmentation Snapshot on Germany Used Car Auction Market Decision Making Process for Buying and Selling Used Cars Trends and Development in Germany Used Car Market Issues and Challenges in Germany Used Car Market Snapshot on Germany Online Used Cars Market Government Regulations in Germany Used Car Market Competition Scenario in Germany Offline Used Cars Market Germany Used Car Market Future Outlook and Projections, 2019-2023F Analyst recommendations Success Case Studies in India Used Car Market-OLX For More Information on the Research Report, refer to below links: – Germany Used Car Market Related Reports by Ken Research Italy Used Car Market Outlook to 2023 – Led by Surge in Demand for Young Used Cars Coupled with Improved Quality and Inspection of Used Cars Qatar Auto Finance Market Outlook to 2023 –By Banks, Non Banking Financial Companies and Captives, By New and Used Vehicles Financed, By Type of Vehicle Financed (Motor Bikes, Cars and Light Commercial Vehicles) and By Loan Time Period Philippines Used Car Market Outlook to 2023- by Market Structure (Organized and Unorganized Market), by Origin of Sale (Direct Dealership Sales Agent, Repossessed Units Sold By Banks and Multi Brand Dealers), by Sales Channel (Online and Dealership Walk-ins), by Average Vehicle Replacement Period and by Major Car Manufacturer Brands Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications support@kenresearch.com +91-9015378249 Tags: Auto.de Germany Used Car Market, Autoscout24 Germany Used Car Market, AVAG Holding SE Germany Used Car Market, BCA Germany Used Car Market, By Car Make Germany Used Cars, Dello-Durkop-Hansa-Group Germany Used Car Market, Deutschland Gebrauchtwagenindustrie, Deutschland Gebrauchtwagenmarkt, Deutschland Gebrauchtwagenmarkt Größe, Deutschland Gebrauchtwagenmarkt Key Players, Deutschland Gebrauchtwagenmarkt Übersicht, Deutschland Gebrauchtwagenmarkt Vorhersage, Deutschland Gebrauchtwagenmarkt Wachstum, Deutschland Gebrauchtwagenmarktanteil, Deutschland Gebrauchtwagenmarktsegmentierung, Deutschland Gebrauchtwagenmarkttrends, Deutschland Gebrauchtwagenmarktumfang, Deutschland Gebrauchtwagenmarktwert, Deutschland Used Car Market Revenue, Emil Frey Group Germany Used Car Market, Feser-Graf-Group Germany Used Car Market, Gebrauchtwagen-Marktforschungsbericht Deutschland, Germany Second Hand Cars 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