South America Used Car Market to 2032
Overview
The South America Used Car Market is expected to reach a 85,134.62 USD Billion by 2032 and is projected to grow at a CAGR of 7.19% from 2025 to 2032.
Revenue, 2024 (USD Billion)
54,425.71
Forecast, 2032 (USD Billion)
85,134.62
CAGR, 2024 - 2032
7.19%
Report Coverage
South America
South America Used Car Market 2018-2032 USD Billion
South America Used Car Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 54,425.71 USD Billion
- Projected Market Size (2032): 85,134.62 USD Billion
- CAGR (2025-2032): 7.19%
Key Findings of South America Used Car Market
- The South America Used Car Market was valued at 54,425.71 USD Billion in 2024.
- The South America Used Car Market is likely to grow at a CAGR of 7.19% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Offline in Sales Channel Segment accounted for the largest share of the market with a revenue of 38,292.31 USD Billion
- The fastest growing segment Online in Sales Channel Segment grew Fastest with a CAGR of 8.12% during the forecast period from 2024 to 2032.
South America Used Car Market Scope
South America Used Car Market Segmentation & Scope
Vendor Type
- Organised
- Unorganised
Propulsion Type
- Others
- CNG
- LPG
- Electric
- Diesel
- Petrol
Engine Capacity
- Full Size (Above 2500 CC)
- Mid-Size (1500-2499 CC)
- Small (Below 1499 CC)
Dealership
- Franchised
- Independent
Sales Channel
- Online
- Offline
Vehicle Type
- Electric Vehicle
- HCV
- LCV
- Passenger Cars
South America Used Car Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 54,425.71 USD Billion |
| Market Value in 2032 | 85,134.62 USD Billion |
| CAGR (2025-2032) | 7.19% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vendor Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vehicle Type |
Regional Insights:
-
Leading Market (2024-2032): South America, leading in terms of revenue 54,425.71 USD Billion in 2024
- Key Country: Brazil, leading in terms of revenue with value of 36,320.24 USD Billion in 2024.
Segments and Scope
-
South America Used Car Market to 2032, By Vendor Type
- Unorganised is the largest segment in South America Used Car Market to 2032 with a revenue of 34,628.95 USD Billion in the year 2024.
- Unorganised is the Fastest growing segment in South America Used Car Market to 2032 with a Growth rate of 7.62 % in forecast period 2025-2032.
-
South America Used Car Market to 2032, By Propulsion Type
- Petrol is the largest segment in South America Used Car Market to 2032 with a revenue of 37,300.69 USD Billion in the year 2024.
- Petrol is the Fastest growing segment in South America Used Car Market to 2032 with a Growth rate of 7.49 % in forecast period 2025-2032.
-
South America Used Car Market to 2032, By Engine Capacity
- Small (Below 1499 CC) is the largest segment in South America Used Car Market to 2032 with a revenue of 25,762.34 USD Billion in the year 2024.
- Small (Below 1499 CC) is the Fastest growing segment in South America Used Car Market to 2032 with a Growth rate of 7.91 % in forecast period 2025-2032.
-
South America Used Car Market to 2032, By Dealership
- Independent is the largest segment in South America Used Car Market to 2032 with a revenue of 37,587.48 USD Billion in the year 2024.
- Independent is the Fastest growing segment in South America Used Car Market to 2032 with a Growth rate of 7.75 % in forecast period 2025-2032.
-
South America Used Car Market to 2032, By Sales Channel
- Offline is the largest segment in South America Used Car Market to 2032 with a revenue of 38,292.31 USD Billion in the year 2024.
- Online is the Fastest growing segment in South America Used Car Market to 2032 with a Growth rate of 6.79 % in forecast period 2025-2032.
-
South America Used Car Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in South America Used Car Market to 2032 with a revenue of 38,205.02 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in South America Used Car Market to 2032 with a Growth rate of 7.72 % in forecast period 2025-2032.
South America Used Car Market Company Share Analysis
| Company Name |
|
||
| Hendrick Automotive Group | |||
| Asbury Automotive Group | |||
| AutoNation | |||
| CarMax Enterprise Services, LLC | |||
| LITHIA MOTORS., INC. | |||
South America Used Car Market Geographical Sales Distribution, 2018-2032 USD Billion
South America Used Car Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South America Used Car Market is segmented based on Segmentation Vendor Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vehicle Type.
South America Used Car Market was valued at USD 54,425.71(Revenue in USD Billion) in 2020.
South America Used Car Market is projected to grow at a CAGR of 7.19% during the forecast period of 2024 to 2032.
The Offline segment is expected to dominate the South America Used Car Market, holding a largest market share of 38,292.31 USD Billion in 2024
South America Used Car Market Scope
South America Used Car Market Segmentation & Scope
Vendor Type
- Organised
- Unorganised
Propulsion Type
- Others
- CNG
- LPG
- Electric
- Diesel
- Petrol
Engine Capacity
- Full Size (Above 2500 CC)
- Mid-Size (1500-2499 CC)
- Small (Below 1499 CC)
Dealership
- Franchised
- Independent
Sales Channel
- Online
- Offline
Vehicle Type
- Electric Vehicle
- HCV
- LCV
- Passenger Cars
Frequently Asked Questions
The South America Used Car Market is segmented based on Segmentation Vendor Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vehicle Type.
South America Used Car Market was valued at USD 54,425.71(Revenue in USD Billion) in 2020.
South America Used Car Market is projected to grow at a CAGR of 7.19% during the forecast period of 2024 to 2032.
The estimated market value of the South America Used Car Market for final year is USD 85,134.62 (USD Billion).
South America Used Car Market Company Profiling
Frequently Asked Questions
The South America Used Car Market is segmented based on Segmentation Vendor Type,Propulsion Type,Engine Capacity,Dealership,Sales Channel,Vehicle Type.
South America Used Car Market was valued at USD 54,425.71(Revenue in USD Billion) in 2020.
South America Used Car Market is projected to grow at a CAGR of 7.19% during the forecast period of 2024 to 2032.
The estimated market value of the South America Used Car Market for final year is USD 85,134.62 (USD Billion).
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