In 2018, there were 2.6 million used cars sold in South Korea. According to the source, the used car market was approximately 1.4 times the size of the new car market. This ratio is low, especially in comparison to the United States or Europe, where the used car market is approximately four to six times larger than the new car market.
Number of used cars sold in South Korea from 2014 to 2018
(in million units)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Hankyung. (December 16, 2019). Number of used cars sold in South Korea from 2014 to 2018 (in million units) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1132357/south-korea-number-of-used-cars-sold/
Hankyung. "Number of used cars sold in South Korea from 2014 to 2018 (in million units)." Chart. December 16, 2019. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1132357/south-korea-number-of-used-cars-sold/
Hankyung. (2019). Number of used cars sold in South Korea from 2014 to 2018 (in million units). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1132357/south-korea-number-of-used-cars-sold/
Hankyung. "Number of Used Cars Sold in South Korea from 2014 to 2018 (in Million Units)." Statista, Statista Inc., 16 Dec 2019, https://www.statista.com/statistics/1132357/south-korea-number-of-used-cars-sold/
Hankyung, Number of used cars sold in South Korea from 2014 to 2018 (in million units) Statista, https://www.statista.com/statistics/1132357/south-korea-number-of-used-cars-sold/ (last visited November 18, 2024)
Number of used cars sold in South Korea from 2014 to 2018 (in million units) [Graph], Hankyung, December 16, 2019. [Online]. Available: https://www.statista.com/statistics/1132357/south-korea-number-of-used-cars-sold/
