What is the current size of the Used Vehicle Market?

Automotive14 Sep, 2022Technology

Used Vehicle are the types of vehicle available for resale purpose. The used vehicle is sold through various outlets, such as car dealers, franchise, rental car companies, and private party sales. The growing internet-based marketing, increasing industrial and manufacturing activities from developed and developing countries, and rising per capita income, are expected to drive the used vehicle market. Additionally, the stringent vehicular emissions regulations and the growing demand for car subscription services, add to the growth of this market.