Malaysia Used Vehicle Market will be driven by Increasing Number of Inspection Checks performed before Selling a Used Vehicle coupled with Strong presence of Online Platforms: 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 (ELV and EEV) coupled with growing customer confidence and user convenience has driven the Malaysia Used Vehicle Market” Increasing Number of Inspection Checks: The growing number of inspection checks performed by a dealer before keeping a used car in stock has built the customer confidence with respect to the used vehicle they are looking forward purchase. The dealership outlets have started focusing on providing inspection reports at a price which is affordable by the buyer. Valuation services for used car have helped the seller in computing the resale price at which a used vehicle can be sold to the right buyer and at the right price. It has also helped the seller in deciding upon the negotiation margin in the valuation price of the vehicle. Increasing Replacement Rate: The replacement rate of used vehicle in Malaysia is growing over the years largely due to the high resale value a seller gets on replacing a vehicle between 3-5 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 vehicles. The replacement rate is also increasing (higher replacement frequency) with respect to the government initiatives that are promoting to dispose of a vehicle before a certain specified age. To learn more about this report Download a Free Sample Report Strong Presence of Online Platforms: The online platforms has provided high user convenience to the buyers who are looking forward to purchase a vehicle as it provides the detailed description of all the listed used vehicles. The detailed description of a used vehicle has helped the buyer to make a cross comparison of the vehicle on the basis of factors such as model, price, mileage, body type and brand. 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)” by Ken Research suggested that the Malaysia Used Vehicle Market has been increasing due to increasing urban population and high car ownership ratio coupled with faster car replacement period and introduction of government policies such as EEV and ELV. The market is expected to register a positive CAGR of 2.8% in terms of sales volume during the forecast period 2018-2025E. 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
