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U.K. Used Car Market to 2032

Overview

The U.K. Used Car Market is expected to reach a 66,971.67 USD Billion by 2032 and is projected to grow at a CAGR of 10.90% from 2025 to 2032.

Revenue, 2024 (USD Billion)
36,006.43
Forecast, 2032 (USD Billion)
66,971.67
CAGR, 2024 - 2032
10.90%
Report Coverage
U.K.

U.K. Used Car Market 2018-2032 USD Billion

U.K. Used Car Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 36,006.43 USD Billion
  • Projected Market Size (2032): 66,971.67 USD Billion
  • CAGR (2025-2032): 10.90%

Key Findings of U.K. Used Car Market

  • The U.K. Used Car Market was valued at 36,006.43 USD Billion in 2024.
  • The U.K. Used Car Market is likely to grow at a CAGR of 10.90% 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 24,408.67 USD Billion
  • The fastest growing segment Organised in Vendor Type Segment grew Fastest with a CAGR of 11.89% during the forecast period from 2024 to 2032.

U.K. Used Car Market Scope

U.K. Used Car Market Segmentation & Scope
Vehicle Type
  • Electric Vehicle
  • HCV
  • LCV
  • Passenger Cars
Dealership
  • Independent
  • Franchised
Sales Channel
  • Online
  • Offline
Engine Capacity
  • Full Size (Above 2500 CC)
  • Mid-Size (1500-2499 CC)
  • Small (Below 1499 CC)
Vendor Type
  • Unorganised
  • Organised
Propulsion Type
  • Others
  • CNG
  • LPG
  • Electric
  • Diesel
  • Petrol

U.K. Used Car Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 36,006.43 USD Billion
Market Value in 2032 66,971.67 USD Billion
CAGR (2025-2032) 10.90%
Historic Data 2016-2023
Market Segments Covered Vehicle Type,Dealership,Sales Channel,Engine Capacity,Vendor Type,Propulsion Type

Regional Insights:

  • Leading Market (2024-2032): U.K., leading in terms of revenue 36,006.43 USD Billion in 2024
    • Key Country: U.K., leading in terms of revenue with value of 36,006.43 USD Billion in 2024.

Segments and Scope

  • U.K. Used Car Market to 2032, By Vehicle Type
    • Passenger Cars is the largest segment in U.K. Used Car Market to 2032 with a revenue of 24,082.83 USD Billion in the year 2024.
    • Passenger Cars is the Fastest growing segment in U.K. Used Car Market to 2032 with a Growth rate of 11.65 % in forecast period 2025-2032.
  • U.K. Used Car Market to 2032, By Dealership
    • Franchised is the largest segment in U.K. Used Car Market to 2032 with a revenue of 21,815.16 USD Billion in the year 2024.
    • Franchised is the Fastest growing segment in U.K. Used Car Market to 2032 with a Growth rate of 11.80 % in forecast period 2025-2032.
  • U.K. Used Car Market to 2032, By Sales Channel
    • Offline is the largest segment in U.K. Used Car Market to 2032 with a revenue of 24,408.67 USD Billion in the year 2024.
    • Online is the Fastest growing segment in U.K. Used Car Market to 2032 with a Growth rate of 10.56 % in forecast period 2025-2032.
  • U.K. Used Car Market to 2032, By Engine Capacity
    • Small (Below 1499 CC) is the largest segment in U.K. Used Car Market to 2032 with a revenue of 17,318.62 USD Billion in the year 2024.
    • Small (Below 1499 CC) is the Fastest growing segment in U.K. Used Car Market to 2032 with a Growth rate of 11.79 % in forecast period 2025-2032.
  • U.K. Used Car Market to 2032, By Vendor Type
    • Organised is the largest segment in U.K. Used Car Market to 2032 with a revenue of 22,045.94 USD Billion in the year 2024.
    • Organised is the Fastest growing segment in U.K. Used Car Market to 2032 with a Growth rate of 11.89 % in forecast period 2025-2032.
  • U.K. Used Car Market to 2032, By Propulsion Type
    • Petrol is the largest segment in U.K. Used Car Market to 2032 with a revenue of 18,965.72 USD Billion in the year 2024.
    • Petrol is the Fastest growing segment in U.K. Used Car Market to 2032 with a Growth rate of 11.61 % in forecast period 2025-2032.

U.K. Used Car Market Company Share Analysis

 
Company Name Company Share Analysis
Hendrick Automotive Group
Asbury Automotive Group
AutoNation
CarMax Enterprise Services, LLC
LITHIA MOTORS., INC.
U.K. Used Car Market Company Share Analysis

U.K. Used Car Market Geographical Sales Distribution, 2018-2032 USD Billion

U.K. Used Car Market Geographical Sales Distribution, 2018-2032 USD Billion

U.K. Used Car Market Company Profiling

U.K. Used Car Market Company Profiling

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Frequently Asked Questions
The U.K. Used Car Market is segmented based on Segmentation Vehicle Type,Dealership,Sales Channel,Engine Capacity,Vendor Type,Propulsion Type.
U.K. Used Car Market was valued at USD 36,006.43(Revenue in USD Billion) in 2020.
U.K. Used Car Market is projected to grow at a CAGR of 10.90% during the forecast period of 2024 to 2032.
The Offline segment is expected to dominate the U.K. Used Car Market, holding a largest market share of 24,408.67 USD Billion in 2024

U.K. Used Car Market Scope

U.K. Used Car Market Segmentation & Scope
Vehicle Type
  • Electric Vehicle
  • HCV
  • LCV
  • Passenger Cars
Dealership
  • Independent
  • Franchised
Sales Channel
  • Online
  • Offline
Engine Capacity
  • Full Size (Above 2500 CC)
  • Mid-Size (1500-2499 CC)
  • Small (Below 1499 CC)
Vendor Type
  • Unorganised
  • Organised
Propulsion Type
  • Others
  • CNG
  • LPG
  • Electric
  • Diesel
  • Petrol
Frequently Asked Questions
The U.K. Used Car Market is segmented based on Segmentation Vehicle Type,Dealership,Sales Channel,Engine Capacity,Vendor Type,Propulsion Type.
U.K. Used Car Market was valued at USD 36,006.43(Revenue in USD Billion) in 2020.
U.K. Used Car Market is projected to grow at a CAGR of 10.90% during the forecast period of 2024 to 2032.
The estimated market value of the U.K. Used Car Market for final year is USD 66,971.67 (USD Billion).

U.K. Used Car Market Company Profiling

U.K. Used Car Market Company Profiling
Frequently Asked Questions
The U.K. Used Car Market is segmented based on Segmentation Vehicle Type,Dealership,Sales Channel,Engine Capacity,Vendor Type,Propulsion Type.
U.K. Used Car Market was valued at USD 36,006.43(Revenue in USD Billion) in 2020.
U.K. Used Car Market is projected to grow at a CAGR of 10.90% during the forecast period of 2024 to 2032.
The estimated market value of the U.K. Used Car Market for final year is USD 66,971.67 (USD Billion).

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