Germany Used Car Market Size & Outlook, 2025-2030
Related Markets
Germany used car market highlights
- The Germany used car market generated a revenue of USD 383,646.2 million in 2024 and is expected to reach USD 502,986.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 4.5% from 2025 to 2030.
- In terms of segment, conventional was the largest revenue generating vehicle type in 2024.
- Electric is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
Used car market data book summary
| Market revenue in 2024 | USD 383,646.2 million |
| Market revenue in 2030 | USD 502,986.5 million |
| Growth rate | 4.5% (CAGR from 2025 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Electric |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hybrid, Conventional, Electric |
| Key market players worldwide | Alibaba Group Holding Ltd ADR, CarMax Inc, Asbury Automotive Group Inc, TrueCar Inc, Scout24 SE, Lithia Motors Inc Class A, Group 1 Automotive Inc, EBay Inc, AutoNation Inc, Hendrick Automotive Group |
Other key industry trends
- In terms of revenue, Germany accounted for 20.2% of the global used car market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany used car market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 99,663.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Used Car Market Scope
Used Car Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Hendrick Automotive Group | View profile | 10001+ | Charlotte, North Carolina, United States, North America | http://www.hendrickauto.com/ |
| AutoNation Inc | View profile | 25300 | 200 South West 1st Avenue, Fort Lauderdale, FL, United States, 33301 | https://www.autonation.com |
| EBay Inc | View profile | 12300 | 2025 Hamilton Avenue, San Jose, CA, United States, 95125 | https://www.ebay.com |
| Group 1 Automotive Inc | View profile | 16011 | 800 Gessner, Suite 500, Houston, TX, United States, 77024 | https://www.group1auto.com |
| Lithia Motors Inc Class A | View profile | 27446 | 150 N. Bartlett Street, Medford, OR, United States, 97501 | https://www.lithia.com |
| Scout24 SE | View profile | 1055 | Invalidenstrasse 65, Berlin, BY, Germany, 10557 | https://www.scout24.com |
| TrueCar Inc | View profile | 324 | 1401 Ocean Avenue, Suite 200, Santa Monica, CA, United States, 90401 | https://www.truecar.com |
| Asbury Automotive Group Inc | View profile | 15000 | 2905 Premiere Parkway North West, Suite 300, Duluth, GA, United States, 30097 | https://www.asburyauto.com |
| CarMax Inc | View profile | 29836 | 12800 Tuckahoe Creek Parkway, Richmond, VA, United States, 23238 | https://www.carmax.com |
| Alibaba Group Holding Ltd ADR | View profile | 204891 | 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, Hong Kong, | https://www.alibabagroup.com |
Germany used car market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to used car market will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 40.97% in 2024. Horizon Databook has segmented the Germany used car market based on hybrid, conventional, electric covering the revenue growth of each sub-segment from 2018 to 2030.
In July 2020, the used car sales in Germany increased around 13% year-on-year basis, according to Autovista Group. Throughout the year 2020, Germany has shown higher growth than other European countries. In 2019, Germany led the European used car market and contributed approximately 24% of the region's total market share.
The country used car sales are expected to grow at a significant CAGR in the coming years. The increasing prominence of online used-car companies and the expanding network of used-car franchises and dealerships is expected to propel the market growth.
The German market is witnessing a gradual increase in demand for used electric vehicles, and the growth is attributed to local government authorities' environmental awareness programs to reduce carbon emissions by using green energy.
Reasons to subscribe to Germany used car market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany used car market databook
-
Our clientele includes a mix of used car market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany used car market, including forecasts for subscribers. This country databook contains high-level insights into Germany used car market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany used car market size, by vendor type, 2018-2030 (US$M)
Germany Used Car Market Share, 2024 & 2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
