Vietnam Used Car Market Share

Statistics for the 2023 & 2024 Vietnam Used Car market share, created by Mordor Intelligence™ Industry Reports. Vietnam Used Car share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Vietnam Used Car Industry

The Vietnamese used car market is dominated by several key players, such as Carmudi Vietnam, Oto, Bonbanh.com, and LSH Auto International Limited. While some prominent players are focused on fleet expansion and collaborations, the new entrants are focused on widening their customer base by adopting varying strategies. Social media platforms, such as Facebook, and online auto classifieds portals in Vietnam, such as Oto and Carmudi, have provided high user convenience to buyers looking forward to purchasing a used car as these platforms offer a detailed description of all the listed used cars. 

  • In November 2023, the used car trading platform Carpla opened its fifth Automall in the system. The new Automall is located at 138 Pham Van Dong, Hanoi, and boasts an area of over 4,000 m2. It is also the second Automall to be built in the capital.

Vietnam Used Car Market Leaders

  1. Bonbanh.com

  2. Viet Han Used Cars

  3. LSH Auto International Limited

  4. Carmudi Vietnam

  5. Hien Toyota

*Disclaimer: Major Players sorted in no particular order

Vietnam Used Car Market Concentration

Used Cars in Vietnam Market Report Snapshots

Vietnam Used Car Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)