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Showing posts with the label Used Cars Market

Used Cars Market Size, Market Status and Future Forecasts to 2028

  The  global used cars market  is anticipated to be valued at   $1,970.0 billion by 2028 , surging from   $1,179.8 billion in 2020 , at a noteworthy   CAGR of 6.8% . Analysis of Covid-19 Impact on Used Cars Market The Covid-19 impact on used cars market has been moderate. The imposed lockdown measures across the world affected the automobile industry for the sales of new vehicles, but the used cars sector was considerably less affected by the Covid-19 pandemic. The general population find used cars economically more feasible as compared to the new cars.  According to "True Value an organized used car retailer" of India, demand for used cars surged during the pandemic with the preference for personal mobility getting stronger. At Maruti True Value, inquiries witnessed a growth of 6% in FY21. These factors are expected to impact the used cars market positively. Checkout How COVID-19 Impacts on Used Cars Market? Get in Touch with our Expert Analyst@  https://www.researchdive.co

Increasing Demand for Used Cars to Fuel Revenue Growth Through 2028

  The  global used cars market  is anticipated to be valued at  $1,970.0 billion by 2028 , surging from  $1,179.8 billion in 2020 , at a noteworthy  CAGR of 6.8%. Analysis of Covid-19 Impact on Used Cars Market The Covid-19 impact on used cars market has been moderate. The imposed lockdown measures across the world affected the automobile industry for the sales of new vehicles, but the used cars sector was considerably less affected by the Covid-19 pandemic. The general population find used cars economically more feasible as compared to the new cars.  According to "True Value an organized used car retailer" of India, demand for used cars surged during the pandemic with the preference for personal mobility getting stronger. At Maruti True Value, inquiries witnessed a growth of 6% in FY21. These factors are expected to impact the used cars market positively. The coronavirus pandemic has enforced the companies in the used cars industry to adopt new methods of operation such as i