Used Cars Market in Germany Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Germany Used Car Market Forecast and it is segmented by Vendor Type (Organized and Unorganized), Fuel Type (Petrol, Diesel, Electric, and Others), Body Type (Hatchback, Sedan, and SUVs and MPVs), Sales Channel (Online and Offline). The market size and forecasts for Germany Used Car Market are provided in terms of value (USD Billion) for all the above segments.

Germany Used Cars Market Size

Single User License


Team License


Corporate License


Book before:
View Global Report
Germany Used Car Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 7.12 %
Market Concentration Medium

Major Players

Germany Used Car Market Top players

*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License


Team License


Corporate License


Book before:

Germany Used Cars Market Analysis

Germany used car market was valued at USD 113.2 Billion in 2021, and it is expected to reach a value of USD 171.03 Billion by 2027, registering a CAGR of 7.12% during the forecast period (2022 - 2027).

Due to the global COVID-19 pandemic, countries were forced to temporarily reduce demand for both old and new vehicles. Furthermore, the global economic slowdown has affected consumers, resulting in a decrease in car sales; however, due to the risk of infection and the desire to maintain social distance, people all over the world have begun to avoid public transportation. According to the KBA, the used-car market in Germany contracted by 6.8 percent in the first six months of 2021. However, dealerships in the country could only reopen on a conditional basis in March 2021. This naturally had a greater impact on the new-car sector, with registrations down 24.8 percent in the first half. In December 2020, Schwacke predicted that slightly more than seven million used cars would be sold in 2021, roughly the same as in 2020. Furthermore, this volume of transactions would be less than 200,000 units short of the 7.2 million cars that changed hands prior to the pandemic.

Over the long term, market has grown significantly in recent years, with price competition among new players being one bright spot in the used car industry. The inability of customers to purchase new cars has become one of the reasons for the increasing volume of used car sales, which is complemented by investments made by industry participants to establish their dealership network in the market. These dealership networks aided market participants in brand development and the viability of used car options.

However, the used car dealer is relying on the seller since the dealer cannot obtain cars to serve their customers unless the owner sells it in the market. If new car sales fall, the market will run out of supplies after a while, this might hamper the market growth.

Germany Used Cars Market Trends

This section covers the major market trends shaping the Germany Used Car Market according to our research experts:

Gasoline and Diesel Vehicle are Expected to Hold the Significant Market Share

The used car industry is expected to grow in the coming years as new car sales decline due to the ban on diesel and petrol vehicles. The increased use of car financing and insurance options at German used car dealerships will result in significant growth in the used car market. In contrast, the country would see an increase in used car dealerships, resulting in increased availability of used cars for customers. According to Motorway, an online used car marketplace, the sale of used diesel cars increased by 21% between May and June, compared to a 13% increase in petrol cars. For instance,

  • As part of the European Union's strategy to cut carbon emissions by 55 percent by 2030 compared with 1990 levels, it has recommended a 100 percent emissions reduction from new cars by 2035, a requirement that would make it difficult to sell the new petrol or diesel vehicles.

With the implementation of more stringent emission standards by governing bodies, the pries of new vehicles are increasing significantly. This in turn is encouraging the adoption of used vehicles among consumers, which are signficantly less expensive. Further, as the electric vehicles have witnessed a growth in recent years, significantly less number of electric vehicles are available in the used cars market. Therefore, gasoline and diesel vehicles are expected to hold major share in the market during the forecast period.

Germany Used Car Market Trends

Organized Vendor Segment is Expected to Hold High Volume Share

The organized vendor segment is expected to hold a high volume share in upcoming years. This is due to an increase in the number of franchised dealers in the market. The entry of new market players and new retail models has also emerged as a key factor in driving the market growth. Furthermore, organized vendors benefited from increased brand loyalty across all age groups. In the coming years, the penetration of multi-brand dealerships and OEM Certified dealerships will contribute to the growth of the German used car market.

Moreover, The use of e-commerce channels for used car promotion and sales is expected to open up new opportunities for the used car market. Independent dealers and franchise owners are expected to use e-commerce to generate leads and display used car inventory. Furthermore, the implementation of technology is expected to open up newer investment avenues in the industry.

Germany Used Car Market Share

Germany Used Cars Industry Overview

Germany's used car market is highly fragmented, with numerous startups and regional players. However, major used car selling companies are forming joint ventures and partnerships to launch newer products in order to gain a competitive advantage.

  • In December 2021, Cazoo Ltd., an online car retailer, launched its operation in Germany and France as part of its plan to expand across Europe. It follows the recent acquisitions of German car subscription service Cluno and Spanish vehicle subscription marketplace Swipcar. This would include buying cars directly from customers, fully digital financing, and all-inclusive monthly subscriptions, among other things to its venture.

Germany Used Cars Market Leaders


  2. GmbH


  4. OOYYO Corporation

  5. Cazoo Ltd.

*Disclaimer: Major Players sorted in no particular order, GmbH,, OOYYO Corporation, Cazoo Ltd.
Need More Details on Market Players and Competitors?
Download Sample

Germany Used Cars Market News

  • In February 2022, Driverama Germany GmbH began selling used cars online in Germany a year after launching a car buying service in the country. Driverama's new service allows buyers to compare popular models, makes, prices, and financing options across more than 1,000 fully inspected cars with an average age of four years. Each vehicle comes with a full-service history, an ownership report, and a professional clean.

Germany Used Cars Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 Vendor Type

      1. 5.1.1 Organized

      2. 5.1.2 Unorganized

    2. 5.2 Fuel Type

      1. 5.2.1 Petrol

      2. 5.2.2 Diesel

      3. 5.2.3 Electric

      4. 5.2.4 Others

    3. 5.3 Body Type

      1. 5.3.1 Hatchback

      2. 5.3.2 Sedan

      3. 5.3.3 SUVs and MPVs

    4. 5.4 Sales Channel

      1. 5.4.1 Online

      2. 5.4.2 Offline


    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles*

      1. 6.2.1 GmbH

      2. 6.2.2

      3. 6.2.3

      4. 6.2.4 OOYYO Corporation

      5. 6.2.5 Cazoo Ltd.

      6. 6.2.6

      7. 6.2.7 AutoScout24 GmbH

      8. 6.2.8 Driverama Germany GmbH

      9. 6.2.9 Cinch Cars Limited

      10. 6.2.10 Autoborse GmbH


You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Germany Used Cars Industry Segmentation

A used vehicle that has earlier been owned is referred to as a used car. Used cars can be acquired from a variety of sources, both online and offline.

Germany Used Car market is segmented by vendor type, fuel type, body type, and sales channel.

By Vendor Type, the market is segmented into Organized and Unorganized. By Fuel Type, the market is segmented into Petrol, Diesel, Electric, and Others. By Body Type, the market is segmented into Hatchback, Sedan, and SUVs and MPVs. By Sales Channel, the market is segmented into Online and Offline. The report covers the market size and forecast in value (USD Billion) for all the above segments.

Vendor Type
Fuel Type
Body Type
SUVs and MPVs
Sales Channel
Need A Different Region Or Segment?
Customize Now

Germany Used Cars Market Research FAQs

The Germany Used Car Market is projected to register a CAGR of 7.12% during the forecast period (2024-2029), GmbH,, OOYYO Corporation and Cazoo Ltd. are the major companies operating in the Germany Used Car Market.

The report covers the Germany Used Car Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Used Car Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Second Hand Cars in Germany Industry Report

Statistics for the 2024 Second Hand Cars in Germany market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Second Hand Cars in Germany analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

Used Cars Market in Germany Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)