Latest Trends In US Used Car Market

A used car, also known as a pre-owned car or second-hand car, is a vehicle that has been previously owned and driven by one or more individuals before being offered for sale again.

Used cars can vary widely in terms of make, model, age, mileage, condition, and price. They are sold through various channels, including dealerships, private sellers, and online platforms.

Request for Sample@ https://mobilityforesights.com/contact-us/?report=373

Certified Pre-Owned (CPO) programs offered by dealerships remained a hit among buyers seeking assurance and reliability when purchasing used cars.

These programs provided comprehensive inspections, warranties, and other benefits that contributed to consumers' confidence in their used car purchases.

Another emerging trend revolved around sustainability and environmental awareness. With growing concerns about the environment, there is an increasing demand for used electric and hybrid vehicles as buyers sought out more fuel-efficient and eco-friendly transportation options.

US USED CAR MARKET SIZE AND FORECAST

The US Used Car Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

RECENT DEVELOPMENT

Car consumers looking to buy will soon have access to hundreds of thousands of used vehicles on a new digital retail platform from General Motors.

Download sample- https://mobilityforesights.com/product/used-car-market-in-us/

GM introduced CarBravo, a website that will list all the used car inventory across GM's participating dealerships as well as used cars owned by GM and its finance arm.

There are 400,000 used vehicles in dealer inventory on an ongoing basis. Customers can also do at-home test drives and home deliveries, where available at participating dealers.

Read More Information @ https://mobilityforesights.com/product/used-car-market-in-us/

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

Estimated and Forecasted market size for 2023-2030
Most important consumer trends, which features are most sought after in different regions
Underlying opportunity for automotive aftermarket components and services
Market share of leading vendors and their growth strategies
Impact of digital disruption and opportunity for new vendor or a new tech platform in used car market in US

Contact:
Company Name: https://mobilityforesights.com/
Contact Person: Vishal Giri
Email: sales@mobilityforesights.com
Phone: +1 217 636 3356 , +44 20 3289 9440
Address: 5, 172/1, 2nd Floor, Main, 9th Cross Rd
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it's our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

This release was published on openPR.