Used Car Market in UK 2025-2029

Used Car Market In UK 2025-2029

The used car market in UK is forecasted to grow by USD 39.5 billion during 2024-2029, accelerating at a CAGR of 6.2% during the forecast period. The report on the used car market in UK provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by excellent value for money proposition of used cars, reducing ownership cycle of cars, and increasing technological innovations in passenger cars.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data. For further information on this report, please visit - https://www.technavio.com/report/report/uk-used-car-market-analysis

Technavio's used car market in UK is segmented as below:

By Channel

  • Organized
  • Unorganized
By Vehicle Type
  • Compact car
  • SUV
  • Mid size
By Type
  • Petrol
  • Diesel
  • Others
By Geographical Landscape
  • Europe
This study identifies the improved touchpoint management as one of the prime reasons driving the used car market in UK growth during the next few years. Also, vending machine platform for dispensing used cars and increased penetration of websites dedicated to selling used cars will lead to sizable demand in the market.

The report on the used car market in UK covers the following areas:
  • Used Car Market in UK sizing
  • Used Car Market in UK forecast
  • Used Car Market in UK industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading used car market in UK vendors that include Alibaba Group Holding Ltd., Aramis Group, Arnold Clark Automobiles Ltd., Auto Trader Group PLC, Bauer Media Group, Car Giant Ltd., Carcraft.co.UK, CarGurus Inc., CarMax Inc., Cazoo Ltd., Cinch Cars Ltd., Constellation Automotive Group Ltd., Group 1 Automotive Inc., Hertz Global Holdings Inc., Lithia Motors Inc., McCarthy Cars UK Ltd., Motors.co.UK Ltd., Penske Corp., Toyota Motor Corp., and TrueCar Inc.. Also, the used car market in UK analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Channel
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ billion)
Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Chart on UK: Year-over-year growth 2024-2029 (%)
Data Table on UK: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Used Car Market in UK 2019 - 2023
Historic Market Size - Data Table on Used Car Market in UK 2019 - 2023 ($ billion)
5.2 Channel segment analysis 2019 - 2023
Historic Market Size - Channel Segment 2019 - 2023 ($ billion)
5.3 Vehicle Type segment analysis 2019 - 2023
Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ billion)
5.4 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ billion)
6 Qualitative Analysis
6.1 AI Impact on Used car Market in UK
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Channel
8.1 Market segments
Chart on Channel - Market share 2024-2029 (%)
Data Table on Channel - Market share 2024-2029 (%)
8.2 Comparison by Channel
Chart on Comparison by Channel
Data Table on Comparison by Channel
8.3 Organized - Market size and forecast 2024-2029
Chart on Organized - Market size and forecast 2024-2029 ($ billion)
Data Table on Organized - Market size and forecast 2024-2029 ($ billion)
Chart on Organized - Year-over-year growth 2024-2029 (%)
Data Table on Organized - Year-over-year growth 2024-2029 (%)
8.4 Unorganized - Market size and forecast 2024-2029
Chart on Unorganized - Market size and forecast 2024-2029 ($ billion)
Data Table on Unorganized - Market size and forecast 2024-2029 ($ billion)
Chart on Unorganized - Year-over-year growth 2024-2029 (%)
Data Table on Unorganized - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Channel
Market opportunity by Channel ($ billion)
Data Table on Market opportunity by Channel ($ billion)
9 Market Segmentation by Vehicle Type
9.1 Market segments
Chart on Vehicle Type - Market share 2024-2029 (%)
Data Table on Vehicle Type - Market share 2024-2029 (%)
9.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
9.3 Compact car - Market size and forecast 2024-2029
Chart on Compact car - Market size and forecast 2024-2029 ($ billion)
Data Table on Compact car - Market size and forecast 2024-2029 ($ billion)
Chart on Compact car - Year-over-year growth 2024-2029 (%)
Data Table on Compact car - Year-over-year growth 2024-2029 (%)
9.4 SUV - Market size and forecast 2024-2029
Chart on SUV - Market size and forecast 2024-2029 ($ billion)
Data Table on SUV - Market size and forecast 2024-2029 ($ billion)
Chart on SUV - Year-over-year growth 2024-2029 (%)
Data Table on SUV - Year-over-year growth 2024-2029 (%)
9.5 Mid size - Market size and forecast 2024-2029
Chart on Mid size - Market size and forecast 2024-2029 ($ billion)
Data Table on Mid size - Market size and forecast 2024-2029 ($ billion)
Chart on Mid size - Year-over-year growth 2024-2029 (%)
Data Table on Mid size - Year-over-year growth 2024-2029 (%)
9.6 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ billion)
Data Table on Market opportunity by Vehicle Type ($ billion)
10 Market Segmentation by Type
10.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
10.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
10.3 Petrol - Market size and forecast 2024-2029
Chart on Petrol - Market size and forecast 2024-2029 ($ billion)
Data Table on Petrol - Market size and forecast 2024-2029 ($ billion)
Chart on Petrol - Year-over-year growth 2024-2029 (%)
Data Table on Petrol - Year-over-year growth 2024-2029 (%)
10.4 Diesel - Market size and forecast 2024-2029
Chart on Diesel - Market size and forecast 2024-2029 ($ billion)
Data Table on Diesel - Market size and forecast 2024-2029 ($ billion)
Chart on Diesel - Year-over-year growth 2024-2029 (%)
Data Table on Diesel - Year-over-year growth 2024-2029 (%)
10.5 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ billion)
Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Alibaba Group Holding Ltd.
Alibaba Group Holding Ltd. - Overview
Alibaba Group Holding Ltd. - Business segments
Alibaba Group Holding Ltd. - Key news
Alibaba Group Holding Ltd. - Key offerings
Alibaba Group Holding Ltd. - Segment focus
SWOT
14.5 Aramis Group
Aramis Group - Overview
Aramis Group - Product / Service
Aramis Group - Key offerings
SWOT
14.6 Arnold Clark Automobiles Ltd.
Arnold Clark Automobiles Ltd. - Overview
Arnold Clark Automobiles Ltd. - Product / Service
Arnold Clark Automobiles Ltd. - Key offerings
SWOT
14.7 Auto Trader Group Plc
Auto Trader Group Plc - Overview
Auto Trader Group Plc - Product / Service
Auto Trader Group Plc - Key offerings
SWOT
14.8 Car Giant Ltd.
Car Giant Ltd. - Overview
Car Giant Ltd. - Product / Service
Car Giant Ltd. - Key offerings
SWOT
14.9 Carcraft.co.uk
Carcraft.co.uk - Overview
Carcraft.co.uk - Product / Service
Carcraft.co.uk - Key offerings
SWOT
14.10 CarMax Inc.
CarMax Inc. - Overview
CarMax Inc. - Business segments
CarMax Inc. - Key offerings
CarMax Inc. - Segment focus
SWOT
14.11 Cazoo Ltd.
Cazoo Ltd. - Overview
Cazoo Ltd. - Product / Service
Cazoo Ltd. - Key offerings
SWOT
14.12 Cinch Cars Ltd.
Cinch Cars Ltd. - Overview
Cinch Cars Ltd. - Product / Service
Cinch Cars Ltd. - Key offerings
SWOT
14.13 Constellation Automotive Group Ltd.
Constellation Automotive Group Ltd. - Overview
Constellation Automotive Group Ltd. - Product / Service
Constellation Automotive Group Ltd. - Key offerings
SWOT
14.14 Group 1 Automotive Inc.
Group 1 Automotive Inc. - Overview
Group 1 Automotive Inc. - Business segments
Group 1 Automotive Inc. - Key offerings
Group 1 Automotive Inc. - Segment focus
SWOT
14.15 Lithia Motors Inc.
Lithia Motors Inc. - Overview
Lithia Motors Inc. - Business segments
Lithia Motors Inc. - Key offerings
Lithia Motors Inc. - Segment focus
SWOT
14.16 McCarthy Cars UK Ltd.
McCarthy Cars UK Ltd. - Overview
McCarthy Cars UK Ltd. - Product / Service
McCarthy Cars UK Ltd. - Key offerings
SWOT
14.17 Motors.co.uk Ltd.
Motors.co.uk Ltd. - Overview
Motors.co.uk Ltd. - Product / Service
Motors.co.uk Ltd. - Key offerings
SWOT
14.18 Penske Corp.
Penske Corp. - Overview
Penske Corp. - Product / Service
Penske Corp. - Key offerings
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Country Market Characteristics
Exhibits4: Executive Summary - Chart on Market Segmentation by Channel
Exhibits5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits6: Executive Summary - Chart on Market Segmentation by Type
Exhibits7: Executive Summary - Chart on Company Market Positioning
Exhibits8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits9: Overview on criticality of inputs and factors of differentiation
Exhibits10: Overview on factors of disruption
Exhibits11: Impact of drivers and challenges in 2024 and 2029
Exhibits12: Parent Market
Exhibits13: Data Table on - Parent Market
Exhibits14: Market characteristics analysis
Exhibits15: Value chain analysis
Exhibits16: Offerings of companies included in the market definition
Exhibits17: Market segments
Exhibits18: Chart on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits19: Data Table on UK - Market size and forecast 2024-2029 ($ billion)
Exhibits20: Chart on UK: Year-over-year growth 2024-2029 (%)
Exhibits21: Data Table on UK: Year-over-year growth 2024-2029 (%)
Exhibits22: Historic Market Size - Data Table on Used Car Market in UK 2019 - 2023 ($ billion)
Exhibits23: Historic Market Size - Channel Segment 2019 - 2023 ($ billion)
Exhibits24: Historic Market Size - Vehicle Type Segment 2019 - 2023 ($ billion)
Exhibits25: Historic Market Size - Type Segment 2019 - 2023 ($ billion)
Exhibits26: Five forces analysis - Comparison between 2024 and 2029
Exhibits27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits32: Chart on Market condition - Five forces 2024 and 2029
Exhibits33: Chart on Channel - Market share 2024-2029 (%)
Exhibits34: Data Table on Channel - Market share 2024-2029 (%)
Exhibits35: Chart on Comparison by Channel
Exhibits36: Data Table on Comparison by Channel
Exhibits37: Chart on Organized - Market size and forecast 2024-2029 ($ billion)
Exhibits38: Data Table on Organized - Market size and forecast 2024-2029 ($ billion)
Exhibits39: Chart on Organized - Year-over-year growth 2024-2029 (%)
Exhibits40: Data Table on Organized - Year-over-year growth 2024-2029 (%)
Exhibits41: Chart on Unorganized - Market size and forecast 2024-2029 ($ billion)
Exhibits42: Data Table on Unorganized - Market size and forecast 2024-2029 ($ billion)
Exhibits43: Chart on Unorganized - Year-over-year growth 2024-2029 (%)
Exhibits44: Data Table on Unorganized - Year-over-year growth 2024-2029 (%)
Exhibits45: Market opportunity by Channel ($ billion)
Exhibits46: Data Table on Market opportunity by Channel ($ billion)
Exhibits47: Chart on Vehicle Type - Market share 2024-2029 (%)
Exhibits48: Data Table on Vehicle Type - Market share 2024-2029 (%)
Exhibits49: Chart on Comparison by Vehicle Type
Exhibits50: Data Table on Comparison by Vehicle Type
Exhibits51: Chart on Compact car - Market size and forecast 2024-2029 ($ billion)
Exhibits52: Data Table on Compact car - Market size and forecast 2024-2029 ($ billion)
Exhibits53: Chart on Compact car - Year-over-year growth 2024-2029 (%)
Exhibits54: Data Table on Compact car - Year-over-year growth 2024-2029 (%)
Exhibits55: Chart on SUV - Market size and forecast 2024-2029 ($ billion)
Exhibits56: Data Table on SUV - Market size and forecast 2024-2029 ($ billion)
Exhibits57: Chart on SUV - Year-over-year growth 2024-2029 (%)
Exhibits58: Data Table on SUV - Year-over-year growth 2024-2029 (%)
Exhibits59: Chart on Mid size - Market size and forecast 2024-2029 ($ billion)
Exhibits60: Data Table on Mid size - Market size and forecast 2024-2029 ($ billion)
Exhibits61: Chart on Mid size - Year-over-year growth 2024-2029 (%)
Exhibits62: Data Table on Mid size - Year-over-year growth 2024-2029 (%)
Exhibits63: Market opportunity by Vehicle Type ($ billion)
Exhibits64: Data Table on Market opportunity by Vehicle Type ($ billion)
Exhibits65: Chart on Type - Market share 2024-2029 (%)
Exhibits66: Data Table on Type - Market share 2024-2029 (%)
Exhibits67: Chart on Comparison by Type
Exhibits68: Data Table on Comparison by Type
Exhibits69: Chart on Petrol - Market size and forecast 2024-2029 ($ billion)
Exhibits70: Data Table on Petrol - Market size and forecast 2024-2029 ($ billion)
Exhibits71: Chart on Petrol - Year-over-year growth 2024-2029 (%)
Exhibits72: Data Table on Petrol - Year-over-year growth 2024-2029 (%)
Exhibits73: Chart on Diesel - Market size and forecast 2024-2029 ($ billion)
Exhibits74: Data Table on Diesel - Market size and forecast 2024-2029 ($ billion)
Exhibits75: Chart on Diesel - Year-over-year growth 2024-2029 (%)
Exhibits76: Data Table on Diesel - Year-over-year growth 2024-2029 (%)
Exhibits77: Chart on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits78: Data Table on Others - Market size and forecast 2024-2029 ($ billion)
Exhibits79: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits80: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits81: Market opportunity by Type ($ billion)
Exhibits82: Data Table on Market opportunity by Type ($ billion)
Exhibits83: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits84: Impact of drivers and challenges in 2024 and 2029
Exhibits85: Overview on criticality of inputs and factors of differentiation
Exhibits86: Overview on factors of disruption
Exhibits87: Impact of key risks on business
Exhibits88: Companies covered
Exhibits89: Company ranking index
Exhibits90: Matrix on companies position and classification
Exhibits91: Alibaba Group Holding Ltd. - Overview
Exhibits92: Alibaba Group Holding Ltd. - Business segments
Exhibits93: Alibaba Group Holding Ltd. - Key news
Exhibits94: Alibaba Group Holding Ltd. - Key offerings
Exhibits95: Alibaba Group Holding Ltd. - Segment focus
Exhibits96: SWOT
Exhibits97: Aramis Group - Overview
Exhibits98: Aramis Group - Product / Service
Exhibits99: Aramis Group - Key offerings
Exhibits100: SWOT
Exhibits101: Arnold Clark Automobiles Ltd. - Overview
Exhibits102: Arnold Clark Automobiles Ltd. - Product / Service
Exhibits103: Arnold Clark Automobiles Ltd. - Key offerings
Exhibits104: SWOT
Exhibits105: Auto Trader Group Plc - Overview
Exhibits106: Auto Trader Group Plc - Product / Service
Exhibits107: Auto Trader Group Plc - Key offerings
Exhibits108: SWOT
Exhibits109: Car Giant Ltd. - Overview
Exhibits110: Car Giant Ltd. - Product / Service
Exhibits111: Car Giant Ltd. - Key offerings
Exhibits112: SWOT
Exhibits113: Carcraft.co.uk - Overview
Exhibits114: Carcraft.co.uk - Product / Service
Exhibits115: Carcraft.co.uk - Key offerings
Exhibits116: SWOT
Exhibits117: CarMax Inc. - Overview
Exhibits118: CarMax Inc. - Business segments
Exhibits119: CarMax Inc. - Key offerings
Exhibits120: CarMax Inc. - Segment focus
Exhibits121: SWOT
Exhibits122: Cazoo Ltd. - Overview
Exhibits123: Cazoo Ltd. - Product / Service
Exhibits124: Cazoo Ltd. - Key offerings
Exhibits125: SWOT
Exhibits126: Cinch Cars Ltd. - Overview
Exhibits127: Cinch Cars Ltd. - Product / Service
Exhibits128: Cinch Cars Ltd. - Key offerings
Exhibits129: SWOT
Exhibits130: Constellation Automotive Group Ltd. - Overview
Exhibits131: Constellation Automotive Group Ltd. - Product / Service
Exhibits132: Constellation Automotive Group Ltd. - Key offerings
Exhibits133: SWOT
Exhibits134: Group 1 Automotive Inc. - Overview
Exhibits135: Group 1 Automotive Inc. - Business segments
Exhibits136: Group 1 Automotive Inc. - Key offerings
Exhibits137: Group 1 Automotive Inc. - Segment focus
Exhibits138: SWOT
Exhibits139: Lithia Motors Inc. - Overview
Exhibits140: Lithia Motors Inc. - Business segments
Exhibits141: Lithia Motors Inc. - Key offerings
Exhibits142: Lithia Motors Inc. - Segment focus
Exhibits143: SWOT
Exhibits144: McCarthy Cars UK Ltd. - Overview
Exhibits145: McCarthy Cars UK Ltd. - Product / Service
Exhibits146: McCarthy Cars UK Ltd. - Key offerings
Exhibits147: SWOT
Exhibits148: Motors.co.uk Ltd. - Overview
Exhibits149: Motors.co.uk Ltd. - Product / Service
Exhibits150: Motors.co.uk Ltd. - Key offerings
Exhibits151: SWOT
Exhibits152: Penske Corp. - Overview
Exhibits153: Penske Corp. - Product / Service
Exhibits154: Penske Corp. - Key offerings
Exhibits155: SWOT
Exhibits156: Inclusions checklist
Exhibits157: Exclusions checklist
Exhibits158: Currency conversion rates for US$
Exhibits159: Research methodology
Exhibits160: Information sources
Exhibits161: Data validation
Exhibits162: Validation techniques employed for market sizing
Exhibits163: Data synthesis
Exhibits164: 360 degree market analysis
Exhibits165: List of abbreviations

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