What is the current Germany Used Car Market size?

The Germany Used Car Market is projected to register a CAGR of 7.12% during the forecast period (2024-2029) Read More

Who are the key players in Germany Used Car Market?

CarNext.com, AUTO1.com GmbH, mobile.de, OOYYO Corporation and Cazoo Ltd. are the major companies operating in the Germany Used Car Market. Read More

What years does this Germany Used Car Market cover?

The report covers the Germany Used Car Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Used Car Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Used Cars Market in Germany

Used Cars Market in Germany Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Germany Used Car Market Forecast and it is segmented by Vendor Type (Organized and Unorganized), Fuel Type (Petrol, Diesel, Electric, and Others), Body Type (Hatchback, Sedan, and SUVs and MPVs), Sales Channel (Online and Offline). The market size and forecasts for Germany Used Car Market are provided in terms of value (USD Billion) for all the above segments.

Germany Used Cars Industry Overview

Germany's used car market is highly fragmented, with numerous startups and regional players. However, major used car selling companies are forming joint ventures and partnerships to launch newer products in order to gain a competitive advantage.

In December 2021, Cazoo Ltd., an online car retailer, launched its operation in Germany and France as part of its plan to expand across Europe. It follows the recent acquisitions of German car subscription service Cluno and Spanish vehicle subscription marketplace Swipcar. This would include buying cars directly from customers, fully digital financing, and all-inclusive monthly subscriptions, among other things to its venture.