In 2021, the size of the used car industry in the United Kingdom reached a value of 121.7 billion U.S. dollars. It is estimated that the market size will increase with a compound annual growth rate (CAGR) of 2.25 percent from 2022 to 2027, reaching a size of over 144.2 billion U.S. dollars in 2027.
Size of the used car industry in the United Kingdom in 2021, with a forecast through 2027
(in billion U.S. dollars)
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Mobility Foresights. (September 30, 2022). Size of the used car industry in the United Kingdom in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1361798/uk-used-car-industry-size-forecast/
Mobility Foresights. "Size of the used car industry in the United Kingdom in 2021, with a forecast through 2027 (in billion U.S. dollars)." Chart. September 30, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1361798/uk-used-car-industry-size-forecast/
Mobility Foresights. (2022). Size of the used car industry in the United Kingdom in 2021, with a forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1361798/uk-used-car-industry-size-forecast/
Mobility Foresights. "Size of The Used Car Industry in The United Kingdom in 2021, with a Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/1361798/uk-used-car-industry-size-forecast/
Mobility Foresights, Size of the used car industry in the United Kingdom in 2021, with a forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1361798/uk-used-car-industry-size-forecast/ (last visited December 22, 2024)
Size of the used car industry in the United Kingdom in 2021, with a forecast through 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/1361798/uk-used-car-industry-size-forecast/