September 27, 2021
Markets

European Used Car Markets, 2021-2025 – Rising Demand for EVs / Demand For Car Sharing / Growing Demand for Luxury Used Cars / Use of Dealership Management System / Use of Big Data Analysis

DUBLIN, September 10, 2021–(BUSINESS WIRE)–The “European Used Car Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering.

This report provides an in depth analysis of the European used car market by value, by volume, by sales channel, by sourcing type, by type, by car age, by region.

The used car market is expected to increase due to rising disposable income, increase in urban population, rising online sales of used cars, growing total population, growing benefits of used car over new car, etc. Yet the market faces some challenges such as economic slowdown, difficulty in financing of used car, lack of standardization and unorganized regulations, etc.

The European used car market is fragmented and controlled by franchised and non-franchised legacy car dealers. The key players of the European used car market are…

Read full article here: finance.yahoo.com