South Africa Used Car Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2029)

The South African Used Car Market Report is Segmented by Vehicle Type (Hatchbacks, Sedans, Sports Utility Vehicles (SUVs), and Multi-Purpose Vehicles (MPVs)), Fuel Type (Petrol, Diesel, and Others), Sales Channel (Online and Offline), and Vendor Type (Organized and Unorganized). The Report Covers the Market Size and Forecast in Value (USD) for all the Above Segments.

South Africa Used Car Market Size and Share Analysis - Growth Trends and Forecasts (2024 - 2029)

South Africa Used Car Industry Overview

The South African used car market is considered to be fragmented, accommodating several leading players like Cars.co.za, Yallamotor, AutoTrader South Africa, and Cars 4 Africa. While several key offline used car dealers are focused on adopting expansion strategies like collaborative agreements, mergers, acquisitions, and expanding their online presence, other new entrants are encouraged to explore the market. They are actively focused on fleet expansion, varied offerings, etc. For instance,

  • In February 2023, Planet42, a Used car marketplace in South Africa, invested USD 100 million to scale its operations across South Africa and Mexico. According to Planet42 managing director Grant Wing, the company aimed to capture about 1% of the used car market annually, translating to about 200,000 cars in total fleet size. 

South Africa Used Car Market Leaders

  1. cars.co.za

  2. We Buy Cars

  3. Cars 4 Africa

  4. Autochek Africa

  5. Auto Pedigree

  6. *Disclaimer: Major Players sorted in no particular order
South Africa Used Car Market Concentration

South Africa Used Car Market Report Snapshots

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