Why second-hand cars are becoming people’s first choice in Egypt? 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 Egypt is of the most populated country in the Arab world which is growing faster than other MENA countries leading to an increase in the target audience of the automobile industry. As per Ken Research findings, there are around 11 Mn licensed vehicles in Egypt, almost half of which are private cars and these numbers are poised to grow rapidly as speedy migration to urban areas is causing heavy demand for personal cars in the country. But here is the catch- Egyptians are more likely to be inclined towards second-hand or used cars when it comes to buying personal vehicles. In this segment, we have talked about those factors that have brought significant shifts in consumer demand and given an edge to the Used Car industry in Egypt. 1. Growing Population and Rapid Migration to Urban Areas causing an Increase in Demand for Personal Vehicles in Egypt 2. 3 in 4 Consumers in Egypt prefer to buy Used Car due to several factors, including the cost of license, the decline in car’s value once they are licensed, and low price of spare parts, etc. Request a Call with Expert to know more about the business model 3. Social media plays a major role in generating leads for dealers & end consumers by virtue of offering advertisements at a lower cost with respect to other traditional marketing channels 4. Online Auto portals are also stepping in and offering a plethora of services to solve the pain points faced by customers to drive more sales to the market 5. Also, flexible contractual Terms in financing used cars are further accelerating the growth of the used car industry in Egypt To Know more about this Whitepaper, Visit this link:- Egypt Used Car Market Related Reports By Ken Research:- France Used Cars Market Outlook to 2027 UK Used Car Market Outlook to 2026F Turkey Used Car Market Outlook to 2026F Post Views: 4 Tags: Car Replacement Rate Egypt, Egypt Car Ownership Period, Egypt Hatchbacks Used Car Market, Egypt MPV Used Car Market, Egypt Pre Owned Car Market, Egypt Second Hand Car Market, Egypt SUV Used Car Market, Egypt Used Car Industry, Egypt Used Car Market Competition, Egypt Used Car Market Demand, Egypt Used Vehicle Market, Financing of Used Cars Egypt, Number of Online Used Car Companies in Egypt, Top Car Dealers in Egypt, Top Car Manufacturers in Egypt, Top OEMs Dealers in Egypt, Top Used Car Manufacturers in Egypt, Total Volume Sales of Used Car in Egypt, Toyota Best Selling Models Egypt, Used Car Auction Houses Market, Used Car Finance Market Egypt, Used Car Online Dealers Egypt