Egypt Used Car Market - Demand Forecast, Share, Industry Analysis, Size 2026 : Ken Research

Pivotal Government Actions: With Egypt being one of the largest auto-fleet, the Government is playing pivotal role in development of used car sector. Car dealer's welcomes the government's plan to old cars (over 20 years) will lead to a revival of sales movement, whether for new or used vehicles. The Central Bank of Egypt (CBE) have unveiled an initiative to help car owners convert their cars to natural gas. The CBE has recently decided to raise the maximum instalments from 40.0% to 50.0% from a customer's total fixed income making it easier to acquire loans and thus the possibility of more used and new car purchases.

Diffusion of advanced technology, Digital enablement and Additional Service Offerings: Vertical Platforms are giving buyers & sellers new ways to interact online & facilitate the buying decision by offering a plethora of options and focusing on user browsing experience. Online auto portals are expected to venture into Omni-channel experiences & offer varied services such as car subscription. Vertical marketplaces have the substantial advantage of fulfilling the needs of listed dealers as the quality of leads generated and the conversion rate is better due to the presence of more serious buyers.

Lack of Organized Sector Market Structure: Organized Sector poses a big challenge as they cover minimal used car market. The continuous lack of standards and regulations governing the industry can result in lower consumer confidence while buying pre-owned cars. High pricing on used cars by organized dealers also creates obstacles in generating sales as Due to higher prices on the multi-brand centres, local used car dealers are preferred over for used car purchases with affordable/comparatively less prices.

Ending the stigma of Used Cars Purchase: With increased awareness, consumers prefer purchasing certified used cars wheelers after complete quality & valuation check which will in turn increase the used car sales volume in future market. Further, with Dealerships offering warranty and service support, the used car market is now a reliable and trust-worthy option for first-time buyers.

Analysts at Ken Research in their latest publication "Egypt Used Car Market Outlook to 2026 - Driven by Shift In Consumer Demand along with Growth of Online Used Car Platforms and Availability of Financing Options' by Ken Research observed that Egypt is an emergent used car market in MENA at rebounding stage from the economic crisis after pandemic. Accelerated millennials growth and increase in used car sales with seamless buyer experience is driving the used car industry growth. Collaboration among different partners and streams, tech-enabled services, are expected to drive the industry in the future. The Egypt Used Car Market is expected to grow at a double digit CAGR.

For more details @ https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-used-car-market-outlook-to-2026/536296-100.html

Market Structure by Market Size

Organized Sector
OEM Certified Dealers
Local Multi-Brand Dealership
Unorganized Sector
C2C
Independent Brokers
Local Dealers
Key Segments Covered of Egypt Used Car Market

By Type of Car
Sedan
Suv
Hatchback/Economy
By Manufacturer
Hyundai
Kia
Nissan
Toyota
Chevrolet
Fiat
Mitsubishi
Others
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By Kms Driven
5,000-35,000
35,000-80,000
80,000-120,000
Above 120,000
By Age of Vehicle
0-2 years
2-6 years
6-8 years
8 years or more
By City
Cairo & Giza
Mansoura, Delta. Suez Canal
Alexandria
Others
By Source of Lead Generation
Online
Offline
Key Target Audience

Used Car Companies
OEMs
Multi-Brands
Online Used Car Portals
Used Car Financing Companies
Government Bodies
Investors & Venture Capital Firms
Used Car Dealerships
Used Car Industry
Used Car Manufacturing Companies
Used Car Distributors
Used Car Auction Houses
Used Car Associations
Time Period Captured in the Report:

Historical Year: 2016-2021
Forecast Period: 2021-2026F
Companies Covered:

Major OEMs

Automark Toyota
BMW Pre-Owned & Mini-Cooper Approved
Mercedes Benz Certified
Volvo Selekt
Porshe Approved
Land Rover Approved
Mesarati Approved
Major Multi-Brands

Ellaithy Auto Groups
Fabrika
Elmasria Auto
Abaza Auto Trade
Major Online Auto-Classifieds

Hatla2ee
Yallamotor
Olx
Opensooq
CarSemsar
Contactcars
Key Topics Covered in the Report

Egypt Automotive Market Overview
Egypt Used Car Market Overview
Market Ecosystem
Value chain Analysis
Customer Buying Journey in Egypt
Decision Making Parameters for Customers
Offline and Online Business Models
Detailed Analysis on Egypt Used Car Market (Market Size, 2021; Market Structure; Market Segmentations; Competition; Future Market Size, 2026; Future Trends and the Way Forward
Snapshot on Online Used Car Platforms in Egypt
Snapshot of Used Car Auction House in Egypt
Snapshot of Finance Market in Egypt
Business Opportunity (Customer Profile Analysis)
Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)
For more information on the research report, refer to below link:

https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/egypt-used-car-market-outlook-to-2026/536296-100.html

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