Rising online presence of used car players, lack of original manufacturing facilities and expensive importation of automobiles is driving Used Car Market in KSA: Ken Research

Saudi Arabia News KSA Used Commercial Vehicles Market Overview New sales and Service Channels: The increasing adoption of mobile servicing, workforce hygiene, shared mobility, contactless services, e-commerce and vehicle pick-up has boosted demand for disinfection, cleaning and car wash services. Customer preference for auto servicing is shifting towards mobile platforms, which has resulted in the… Read More »

Saudi Arabia Used Car Market is expected to generate GTV of worth SAR ~125.0 Bn in 2026F owing to Increasing Prices of New Cars with the Tripling of VAT rate and Shifting Preferences towards Online Platforms driving Used Car Sales: Ken Research

Key Findings Expansion in internet services (~98% internet penetration in 2021) coupled with increasing number of women drivers have collectively given a boost to development of Used Car industry in KSA. Number of used car sold in KSA increased from 2021 to 2026, owing to KSA’s increasing disposable income, internet infrastructure, increased online presence of… Read More »