Air Sea Logistics & Automotive Transportation News

Report explores the US' used car retail market forecasts 2017-2021

The report entitled “The US Used Car Retail Market: Size, Trends & Forecasts (2017-2021)”, provides analysis of the US used car retail market, with detailed analysis of market size by value, volume and segments.

- Agency -.

Complete report on used car retail market spread across 50 pages with providing 4 company profiles, 1 table and 26 figures is now available at www.marketreportsonline.com/664850.html.

Moreover, the report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall used car retail market has also been forecasted for the years 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.

- Agency -.

Autonation Inc., CarMax Inc., Sonic Automotive Inc. and Penske Automotive Group are some of the key players operating in the US used car retail market, whose company profiling has been done in the report.

In this segment of the report, business overview, financial overview and business strategies of the companies are provided.

Company Coverage of Used Car Retail Market: Autonation Inc., CarMax Inc., Sonic Automotive Inc. & Penske Automotive Group Inc.

A used car, also called as a pre-owned vehicle, or a secondhand car refers to a vehicle that formerly has had one or more than one retail owners. Independent, franchise car owners, leasing offices, rental car companies, auctions, and private parties are some of the channels via which used cars are sold to the consumers.

Access a copy of this “US Used Car Retail Market: Size, Trends & Forecasts (2017-2021)” research report at www.marketreportsonline.com/contac…e.php?name=664850.

The US used car retail market can be divided on the basis of dealership and engine capacity. On the basis of dealership, the market can be classified into franchised dealers, independent dealers and private party sales.

On the basis of engine capacity, the market can be divided into compact, mid and full size.

The US used car retail market is expected to increase at high growth rates during the forecast period (2017-2021). The US used car retail market is supported by various growth drivers, such as increasing disposable income, introduction of standalone stores in the US, incentives on new cars and rising share of CPO sales from franchised dealers.

However, limited dealers offering hassle free customer experience and reducing consumer satisfaction with conventional used car process are some of the challenges associated with the market. Opportunities for new entrants and acceleration in sales of used cars via online channels are some of the latest trends in the used car retail market.

Few Points from List of Figures Provided in US Used Car Retail Market:

Figure 1: US Used Car Retail Market Segments

Figure 2: The US Used Car Retail Market by Value; 2016-2021 (US$ Billion)

Figure 3: The US Used Car Retail Market by Volume; 2010-2016 (Million Units)

Figure 4: The US Used Car Retail Market by Volume; 2017-2021 (Million Units)

Figure 5: The US Used Car Retail Market by Segments; 2016

Figure 6: The US Used Car Retail Market by Franchised Dealers; 2010-2016 (Million Units)

Figure 7: The US Used Car Retail Market by Franchised Dealers; 2017-2021 (Million Units)

Figure 8: The US Used Car Retail Market by Independent Dealers; 2010-2016 (Million Units)

Figure 9: The US Used Car Retail Market by Independent Dealers; 2017-2021 (Million Units)

Figure 10: The US Used Car Retail Market by Private Party Sales; 2010-2016 (Million Units)

Figure 11: The US Used Car Retail Market by Private Party Sales; 2017-2021 (Million Units)

Figure 12: The US GNI Per Capita; 2012-2016 (US$ Thousand)

Figure 13: CPO % Share of Franchised Used Sales

Figure 14: Percentage of Customer Indicating Dealer/ Purchase Process Included Attribute

Figure 15: Customer Satisfaction Rate with Traditional Used Car Process

News From

MarketReportsOnline - Industry Research Analysis StoreMarketReportsOnline
Category: Market Research Publishers and RetailersCompany profile: MarketReportsOnline comprises of an online library of 2,50,000 reports and in-depth market research studies of over 5000+ micro markets. We provide 24/7 online and offline support to our customers. Get in touch with us for your needs of market research reports.