Used Car Market Growth: What’s Driving the $4.3 Trillion...

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2025-03-06 12:22:39 - Translate -

Used Car Market Growth: What’s Driving the $4.3 Trillion Industry?

Market Definition:The used car market involves the buying and selling of pre-owned vehicles, including passenger cars, SUVs, and commercial vehicles. This market is driven by affordability, increasing vehicle lifespan, and the growing preference for cost-effective transportation solutions. It encompasses both organized and unorganized sales channels, such as dealerships, online platforms, and...

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