The used car market in the Netherlands exhibits a moderate level of fragmentation, with key players including Marktplaats, AutoScout24, Ooyyo, Gaspedaal, and Autokopen, among others. Notably, several prominent used car dealers are actively pursuing expansion strategies such as collaborative agreements, mergers, and acquisitions. Concurrently, new entrants are also exploring opportunities within the market, with a focus on fleet expansion, diverse offerings, and leveraging government initiatives aimed at bolstering the used car market.
In 2022, the Netherlands experienced a significant decline in the importation of used passenger vehicles, witnessing a reduction of 44.5 thousand units, which accounts for a 15 percent decrease compared to the previous year. It is noteworthy that a majority of the imported vehicles were relatively recent models, with 82 percent of them being less than a decade old and 57 percent under five years old during the 2022 period.
Furthermore, June 2022 marked a milestone in the Dutch used car market, as the average price for a used car surged to a record high, surpassing USD 28093. This represents a substantial increase of 7.5% in just the past six months. In stark contrast, in July 2021, the average price of listed used cars stood at USD 23512. This upward trajectory in prices can be attributed to the robust demand for used vehicles in the Netherlands.
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