Increasing Internet Penetration and Competitive Used Car Financing Schemes to Drive Indonesia Used Car Market: Ken Research The gross transaction value of the overall used car industry in Indonesia increased at a CAGR of 9.7% from 2011 to 2016. Growth in macro-economic variables coupled with a positive investment climate led to decreasing car ownership pattern during this period. Increasing discretionary income incentivized individuals to purchase cars at shorter intervals, accelerating growth in… Read More »
Reduction in Average Ownership of Cars Supported by Ease in Financing of Used Cars to Drive Indonesia Used Car Market: Ken Research The Used Car Industry Is projected to grow at a phenomenal CAGR during 2017-2021 on the basis of Transaction Value, amounting to USD 9.9 billion during 2021. The stable change in market structure of the used car industry from an unorganized market structure to a relatively organized market, rising discretionary spending of individuals and reduction… Read More »
Indonesia Used Car Industry Outlook to 2020 – Increasing Online Used Car Portals and Competitive Used Car Financing Schemes to Foster Future Growth Indonesia Used Car Industry Outlook to 2020 – Increasing Online Used Car Portals and Competitive Used Car Financing Schemes to Foster Future Growth” provides a comprehensive analysis regarding the performance of the used car industry in Indonesia. The gross transaction value and sales volume of the industry have been segmented on the basis of organized… Read More »
