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Used Car & Light Motor Vehicle Dealers in the UK: Market Research Report

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

Used Car & Light Motor Vehicle Dealers Market Research Report | SIC G45.112 | Apr 2017

Keeping pace: The cost of importing new cars is expected to rise, boosting demand for used cars

IBISWorld’s Used Car & Light Motor Vehicle 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
Arnold Clark Automobiles Arnold Clark Automobiles market share
Lookers plc Lookers plc market share
Pendragon plc Pendragon plc market share
Penske Automotive Group Penske Automotive Group market share
Industry Statistics & Market Size
Revenue
£16bn
Annual Growth 12-17
5.8%
Annual Growth 17-22
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Profit
Purchase to read more
Employment
42,315
Businesses
12,340
Industry Analysis & Industry Trends

Alongside other automotive industries, used car dealers have benefited from a period of recovery in recent years. Although revenue struggled prior to the five-year period through 2016-17, 2011-12 marked a turning point for operators, as economic conditions started to improve and consumers that had previously delayed vehicle purchases returned to the market. As disposable incomes and business profit levels have risen, customers have replaced vehicles more often, stimulating higher sales of used cars. Overall, industry revenue is expected to grow at a compound annual rate of 5.8% over the five years through 2016-17 to reach £16.4 billion, including forecast growth of 3.4% in the current year.

Despite recent growth, the industry has encountered several challenges... purchase to read more

Industry Report - Industry Locations Chapter

The South East

The South East has the highest proportion of industry establishments, accounting for 15.8%. The South East is also a high-income earning region and has a very high level of car ownership. The region’s proximity to London is also a factor, despite the level of car ownership being low in the capital. Those that do own cars in London will usually travel to neighbouring regions to purchase a car, as they often have larger ranges and more space. Given the high average income in the region, used car buyers in the South East are more likely to purchase near-new vehicles, sports cars and other high-end vehicles.

The East of England

The East of England is home to 11.4% industry establishments. The.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Used Car & Light Motor Vehicle Dealers Industry?

Dealers and auctioneers in this industry sell used cars and other light motor vehicles. Vehicles sold include passenger cars, SUVs, jeeps and any other vehicles weighing less than 3.5 tonnes, including ambulances and minibuses. The sale of new vehicles and private-to-private and business-to-business sales are excluded from the industry.

Industry Products
Four-wheel drives Mini and supermini carsLower medium carsUpper medium carsLuxury and sports carsMultipurpose vehiclesLight commercial vehiclesOther vehicles
 
Industry Activities
Selling used carsSelling used light motor vehicles


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