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Used Car Dealers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Used Car Dealers Market Research Report | NAICS 44112 | Jan 2015

Smooth drive: The industry is expected to benefit from looser access to credit

IBISWorld’s Used Car Dealers market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$107bn
Annual Growth 10-15
2.5%
Annual Growth 15-20
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Profit
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Employment
226,719
Businesses
122,913
Industry Analysis & Industry Trends

In the five years to 2015, revenue for the Used Car Dealers industry is expected to trend higher, albeit off a low recessionary base. Because the industry relies strongly on consumers to drive revenue growth, fluctuations in disposable income dictate the direction of the industry. Therefore, when disposable income plummeted in the midst of the recession, industry revenue followed suit. In the coming years, rising disposable income levels are anticipated to increase the likelihood an individual purchases a big-ticket item, such as a used automobile... purchase to read more

Industry Report - Industry Investment Chapter

The Used Car Dealers industry has a low level of capital intensity, spending about $0.06 on capital for every dollar spent on labor. Used car dealers require fairly minimal capital, typically limited to a few computers, vehicle diagnostic equipment and sales space. The majority of this industry's investments are in the form of vehicle stock, which is held-for-sale and not depreciated. Many dealerships further reduce their capital investment by foregoing parts and services departments, and instead focusing purely on vehicle sales... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Used Car Dealers Industry?

This industry sells used passenger vehicles, including passenger cars, light trucks, sports utility vehicles (SUVs) and passenger vans. Used car dealers also provide financing and insurance services.

Industry Products
Used vehiclesParts and servicesFinancing and insurance
 
Industry Activities
Used automobileUsed light truckUsed vehicleVehicle financing


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