Used Car Space in Germany Driven by Increasing pool of Online Used Car Dealers along with Surge in Online Listings: 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 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 and is expected that it will expand further owing to the entrance of 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. “Amplified geographical expansion model by the used car dealerships and the shift towards the online space market portals have driven the growth of used car market in Germany.” Surge in the Used Car Listings on Online Portals: The entrance of online used car companies in Germany has led to an increase in number of used cars listings on these portals. To tap a larger market in the used car industry, dealerships have penetrated in the online space by listing the used cars on the online platforms. The customers get a wide pool of used car variants on online portals where they can compare and research for themselves that which used car they want to purchase. These portals perform as a platform where the buyer and the seller of the used cars can meet; it can be a private seller of a used car dealership. Emergence of Organized Used Car Dealer: The organized sector of the Germany used car industry was observed to dominate the market in the year 2018 and is anticipated to grow with a CAGR of 5.3% during the forecast period 2018-2023F. Factors such as rising population, declining new car sales, increased preference for younger used cars, certified used cars, and better services provides by the dealerships and others have led to the entrance of both multi-brand and OEM Certified dealerships within Germany. These multi-brand car dealerships have also started to expand in different regions of the country to tap a larger market of the country and increase their sales volume. Lucrative Interest rates provided by the Used Car Dealerships: A significant number of German customers have inclined towards the purchase of used car from a dealership which provides financing and insurance facilities to ease their payment process. Dealerships such as Hey car, Mobile.de, Autoscout24 and others have started to provide the car financing options to the customers to ease their purchase of a used car. Financing provided by the dealerships has been gaining traction owing to the low interest rate they provide on the used cars which is around 5.5% to 7.2% for a period of 12-84 months. Whereas, Personal loans from regular banks have a high rate of interest of around 8.5% to 12.0% for a period of 12-72 months. Germany used car dealerships were not providing the financing options in the past few years as their primary focus was on the sale of the used car, owing to which the customers had to finance their used cars from banks which charged huge interest rate. With the availability of car financing options at the dealerships over the years has eased the purchase of a used car in Germany for the customers. 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 few more.) 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 – 2019F-2023F 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 link: Germany Used Car Market Research Report Related Reports 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). 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) 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.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 Industry Germany, Germany Used Car Exporter, Germany Used Car Future Outlook and Projections, Germany Used Car Importer, Germany Used Car Industry, Germany Used Car Industry Research Report, Germany Used Car Market, Germany Used Car Market Analyst Recommendations, Germany Used Car Market Customer Pain Points, Germany Used Car Market Forecast, Germany Used Car Market Future Outlook, Germany Used Car Market Growth, Germany Used Car Market Key Players, Germany Used Car Market Overview, Germany Used Car Market Research, Germany Used Car Market Research Report, Germany Used Car Market Revenue, Germany Used Car Market Sales, Germany Used Car Market Scope, Germany Used Car Market Segmentation, Germany Used Car Market share, Germany Used Car Market Size, Germany Used Car Market Trends, Germany Used Car Market Value, Gottfried Schultz Germany Used Car Market, Government Regulations in Germany Used Car Market, Gross Transaction Value of Used Cars in Germany, Hey Car Germany Used Car Market, Inspection and MOT Process in Germany Used Car Market, Issues and Challenges in Germany Used Car Market, Key Purchase Criteria for Buying Used Cars in Germany, Major Offline Used Car Dealers in Germany Market, Major Used Car Dealers in Germany, Mobile.de Germany Used Car Market, Offline Used Car Business Model Germany, OLX Success Story Case Study Used Car Market, Online Genesis Used Car Market Germany, Online Used Car Business Model Germany, Senger Group Germany Used Car Market, Tiemeyer Automobile Group Germany Used Car Market, Transfer of Used Car Ownership in Germany, Types of Used Cars in Germany, Used Car Auction Companies in Germany, Used Car Competition Scenario in Germany, Used Cars Buying and Selling Process in Germany, Used Cars Segmentation Kilometer Driven Germany, Webauto.de Germany Used Car Market, Weller Group Germany Used Car Market, WLTP and Brexit impact on Used Cars Germany, Working Model of Used Car Dealerships Germany, Zukunftsausblick Gebrauchtwagenmarkt Deutschland