About Used Cars
Used cars are increasingly becoming an alternative for new vehicles due to increase in consumer interest and popularity of certified programs. The used car market in the US comprises micro cars, economy cars, luxury cars, specialty cars, minivans, SUVs, pickup trucks, and commercial vans. The vendors in the used car market offer a range of automotive products and services, such as new and used vehicles, automotive finance, repair services, and insurance.
The market is expected to witness a growth in the volume of off-lease vehicles as a large number of these vehicles will be back in the market in 2014.
Technavio's analysts forecast the used car market in the US to grow at a CAGR of 6.95 percent, in terms of revenue, during the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the used car market in the US for the period 2015-2019. To calculate the market size, it considers the average price of used cars in the US. The report considers the market size in terms of both revenue and units, but only for passenger vehicles.
It discusses the major drivers that influence the growth of the market and outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
The key customers in the market are the end users.
The report presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. The report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.
Key Vendors
• AutoNation
• CarMax
• Penske Automotive Group
• Sonic Automotive
Other Prominent Vendors
• Asbury Automotive Group
• Auction Direct USA
• AutoTrader.com
• Cars Direct
• Cars.com
• Carsforsale.com
• OOYYO
• Vast.com
Market Driver
• Growing demand for CPO cars
• For a full, detailed list, view our report
Market Challenge
• Demand-based inventory management
• For a full, detailed list, view our report
Market Trend
• Increase in online retail channels and classifieds
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.1.1 Off-lease Vehicles Growth Trend
06.1.2 CPO Used Cars
06.1.3 Strategies Adopted by Used Car Dealers
06.1.4 Internet -powered Used Car Dealers and Distribution Channels
06.1.5 Used Car Pricing
06.2 Market Size and Forecast
06.2.1 By Revenue
06.2.2 By Units
06.3 Five Forces Analysis
07. Market Segmentation
07.1 By Vehicle Class
07.2 By End-user Type
08. Buying Criteria
09. Market Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Trends and their Impact
15. Vendor Landscape
15.1 Competitive Scenario
15.1.1 Key Highlights
15.2 Other Prominent Vendors
15.2.1 Dealerships
15.2.2 Online Service Providers
16. Key Vendor Analysis
16.1 AutoNation
16.1.1 Key Facts
16.1.2 Business Overview
16.1.3 Business Segmentation by Revenue 2013
16.1.4 Business Segmentation by Revenue 2012 and 2013
16.1.5 Business Strategy
16.1.6 Recent Developments
16.1.7 SWOT Analysis
16.2 CarMax
16.2.1 Key Facts
16.2.2 Business Overview
16.2.3 Business Segmentation by Revenue 2014
16.2.4 Business Segmentation by Revenue 2013 and 2014
16.2.5 Business Strategy
16.2.6 Recent Developments
16.2.7 SWOT Analysis
16.3 Penske Automotive
16.3.1 Key Facts
16.3.2 Business Overview
16.3.3 Product Segmentation by Revenue 2012
16.3.4 Product Segmentation by Revenue 2012 and 2013
16.3.5 Geographical Segmentation by Revenue 2013
16.3.6 Business Strategy
16.3.7 Recent Developments
16.3.8 SWOT Analysis
16.4 Sonic Automotive
16.4.1 Key Facts
16.4.2 Business Overview
16.4.3 Business Segmentation by Revenue 2013
16.4.4 Business Segmentation by Revenue 2012 and 2013
16.4.5 Business Strategy
16.4.6 Recent Developments
16.4.7 SWOT Analysis
17. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Used Car Sources Retailed by Dealers in US 2014
Exhibit 3: Segmentation of Used Vehicle Market in US 2014
Exhibit 4: Off-lease Vehicles Growth Trend in US (million units)
Exhibit 5: Strategies Adopted by Used Car Dealers
Exhibit 6: Types of Used Car Pricing
Exhibit 7: Used Car Market in US 2014-2019 ($ billion)
Exhibit 8: Used Car Market in US 2014-2019 (million units)
Exhibit 9: Segmentation of Used Car Market in US by Vehicle Class 2014
Exhibit 10: Segmentation of Used Car Market by End-user Type
Exhibit 11: Key Drivers for Used Car Market in US
Exhibit 12: Annual Used Car Growth Rate in US by Vehicle Type 2014
Exhibit 13: Key Challenges for Used Car Market in US
Exhibit 14: Key Trends in Used Car Market in US
Exhibit 15: Internet-powered Classification of Used Car Dealers
Exhibit 16: Social and Video Impact on Annual Growth of Used Cars 2013
Exhibit 17: Leading Vendors in the Used Car Market in US 2014
Exhibit 18: Annual Change in Major Mainstream Brand CPO Retail Sales 2013-2014 (unit sales)
Exhibit 19: Annual Change in Major Luxury Brand CPO Retail Sales 2013-2014 (unit sales)
Exhibit 20: Used Car Market in the US: Business Segmentation by Revenue 2013
Exhibit 21: Used Car Market in the US: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 22: Used Car Market in the US: Business Segmentation by Revenue 2014
Exhibit 23: Used Car Market in the US: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
Exhibit 24: Penske Automotive: Product Segmentation by Revenue 2013
Exhibit 25: Penske Automotive: Product Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 26: Penske Automotive: Geographical Segmentation by Revenue 2013
Exhibit 27: Used Car Market in the US: Business Segmentation by Revenue 2013
Exhibit 28: Used Car Market in the US: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
