Oman Used Car Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Oman Used Car Market Report is Segmented by Vehicle Type (Hatchbacks, Sedans, Sport Utility Vehicles, and More), Vendor Type (Organized and Unorganized), Fuel Type (Petrol, Diesel, and More), Vehicle Age (0 - 2 Years, 3 - 5 Years, and More), Price Segment (Below 5, 000, 5, 000 - 9, 999, and More), and Sales Channel (Online and Offline). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Units).

Oman Used Car Market Size and Share

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Compare market size and growth of Oman Used Car Market with other markets in Automotive Industry

Oman Used Car Market Analysis by Mordor Intelligence

The Oman Used Car Market currently stands at USD 1.02 billion in 2025 and is forecast to climb to USD 1.24 billion by 2030, delivering a 3.98% CAGR. Robust non-oil GDP growth that topped 4% in 2024 and an expected 3% GDP expansion for 2025 underpin demand resilience, while disciplined fiscal management keeps inflation in check and preserves household purchasing power. Digital platforms now facilitate nearly seven in every ten transactions, with a surge in mobile payments that has made online purchasing convenient and trusted. Certified-pre-owned (CPO) programs introduced by leading dealer groups feed premiumisation trends. Re-exports of late-model fleet Sports Utility Vehicles from neighbouring GCC states broaden inventory without customs duties when vehicles are under two years old. Meanwhile, it mandates that all new fuel stations add EV chargers to accelerate electric vehicle (EV) adoption and signal long-run structural change.

Key Report Takeaways

  • By vehicle type, SUVs led with 45.34% of the Oman used car market share in 2024; the same segment is forecast to expand at an 8.76% CAGR to 2030.
  • By vendor type, the unorganized segment held 56.45% of the Oman used car market share in 2024, while organized dealers are climbing at a 7.31% CAGR through 2030.
  • By fuel type, petrol vehicles dominated at 52.52% of the Oman used car market share in 2024, whereas electric segment post the quickest pace at a 8.92% CAGR to 2030.
  • By vehicle age, the 3-5-year bracket accounted for 69.23% of the Oman used car market size in 2024; 0-2-year units are advancing at an 8.67% CAGR.
  • By price segment, USD 10,000–14,999 accounted for 48.52% of the Oman used car market size in 2024; USD 20,000–29,999 is growing at a 7.56% CAGR.
  • By sales channel, online portals captured 68.51% of the Oman used car market share in 2024 and are projected to widen at a 9.23% CAGR through 2030.

Segment Analysis

By Vehicle Type: SUVs Extend Dominance With Multi-Terrain Appeal

SUVs accounted for 45.34% of the Oman used car market share in 2024 and are projected to advance at a vigorous 8.76% CAGR between 2025 and 2030. Buyers value their higher ground clearance for wadis and mountain routes, spacious cabins for family travel, and prestige within social circles. The segment also benefits from a steady stream of two-year-old ex-rental models arriving duty-free from neighbouring GCC states, which keeps inventory fresh and pricing competitive. Sedans still appeal to cost-conscious commuters prioritizing fuel efficiency, while hatchbacks satisfy first-time urban owners looking for easy parking and lower operating costs.

Government road-building projects under Vision 2040 and expanding digital marketplaces reinforce SUV momentum by making listings more accessible to interior-region shoppers. Certified-pre-owned programs offered by leading dealer groups add warranties that tilt buyers toward mid-priced SUVs over uncertified alternatives. Growing interest in electric variants is visible as new fuel-station licences mandate charger installations, although petrol powertrains remain dominant today. MPVs retain a niche among large families and tourism operators, and specialty models in the "Others" bracket serve affluent enthusiasts. Overall, the segment's broad utility, social cachet, and improved supply position will remain the core drivers of Oman's used car market growth through 2030.

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Note: Segment shares of all individual segments available upon report purchase

By Vendor Type: Organized Dealers Gain Consumer Trust

Unorganised sellers accounted for 56.45% of the Oman used car market share in 2024, as organised brands roll out digital storefronts, transparent pricing, and bundled financing. The Oman used car market registers a 7.31% CAGR for organised vendors, syndicating listings across Dubizzle, YallaMotor, and proprietary platforms to broaden customer reach. In contrast, street-lot operators depend on foot traffic and informal word-of-mouth, restricting scale economies. Banks routinely pre-approve dealer partners, pushing credit-seeking customers toward the organised ecosystem. In the Muscat district, satellite reconditioning hubs let dealers refurbish inbound GCC stock quickly, further sharpening their competitive edge.

Yet unorganised players retain influence in villages and small towns by offering flexible payment schedules and accepting trade-ins that organised groups often reject. Many also specialise in higher-mileage commercial pickups and 4×4 models needed by contractors. Over time, however, regulatory nudges—such as mandatory electronic invoicing—and consumer protection rules are expected to squeeze margins for informal sellers, accelerating formalisation.

By Fuel Type: EVs Accelerate From a Low Base

Petrol’s 52.52% command of the Oman used car market share reflected refuelling convenience in 2024. Nevertheless, EV registrations are compounding at 8.92% CAGR as the charging infrastructure spreads along the Batinah coastal corridor. Authority for Public Services Regulation modelling suggests price parity with internal-combustion cars is imminent, setting the stage for second-hand EV supply to expand when first-wave adopters trade up. Diesel units largely fill commercial roles: refrigerated trucks, long-haul pickups, and public transport minibuses. 

Hybrids draw commuters logging heavy annual mileage who still fear charging shortfalls on inter-city runs. Alternative fuels—CNG, LPG, or bio-ethanol—represent a sliver, tied mostly to municipal fleets. Organised dealers are already training technicians in battery-thermal-management diagnostics, anticipating a future in which warranty-backed battery health certificates become as vital as odometer readings.

By Vehicle Age: 3-5-year Stock Balances Price and Reliability

Vehicles aged three to five years captured 69.23% of the Oman used car market size, offering the optimal depreciation spot. Loan underwriters prefer cars under five years, granting lower interest rates that reduce monthly instalments and widen buyer pools. Segment growth is further cushioned by GCC fleets that rotate vehicles at the 24- or 36-month mark, producing a steady pipeline of mid-age inventory available at auction. By contrast, cars older than eight years face import barriers and rising reconditioning costs, limiting stock and pushing buyers toward newer options or keeping existing vehicles longer.

Demand for near-new 0-2-year cars is rising at 8.67% CAGR, primarily among executives who value the latest safety tech and infotainment packages but want to dodge first-year depreciation. Insurance premiums for this bracket remain modest because warranty coverage reduces expected claims. Meanwhile, the 9-12-year and 13-plus cohorts fulfil ultra-low-budget needs, predominantly in interior governorates where annual mileage is lower and maintenance can be owner-performed.

By Price Segment: Middle Band Rules But Premium Climbs

The USD 10,000–14,999 range represented 48.52% of the Oman used car market size in 2024, combining attainable monthly payments with reasonable mileage and spec. Strong financing approval for salaried staff earning OMR 600–1,000 places this bracket within reach. However, the USD 20,000–29,999 tier is the fastest climber at 7.56% CAGR, supported by managerial promotions in logistics, fintech, and tourism ventures spawned by Vision 2040. These buyers target CPO SUVs and crossovers with advanced driver-assist features. Below USD 5,000, inventory thinning from import curbs forces shoppers to accept higher odometers, while the USD 5,000–9,999 pocket still caters to first-jobbers and ride-share drivers.

Above USD 30,000, luxury saloons and performance SUVs attract cash buyers and well-bonused expatriates. Some units arrive courtesy of diplomatic staff turnover, offering low-mileage Mercedes-Benz and Lexus models. With organized dealers partnering with insurers to sell bundled maintenance and gap-coverage add-ons, the total cost of ownership in the premium band often undercuts the buyer’s initial perception, nudging more aspirational consumers upward.

Oman Used Car Market: Market Share by Price Segment
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Note: Segment shares of all individual segments available upon report purchase

By Sales Channel: Online Overtakes Bricks-and-Mortar

Online sales channel dominated 68.51% of the Oman used car market share in 2024, while growth remains a vibrant 9.23% CAGR through 2030. Therefore, the Oman used car market has become an e-commerce exemplar in the wider Gulf. Classified portals deliver inventory aggregation; pure-play e-retailers add 360-degree interior imaging, seven-day return windows, and home pick-up for trade-ins. OEMs now mirror consumer apps with digital storefronts that lock units for 24 hours while a loan application processes. Physical showrooms, however, preserve relevance for tactile appraisal and immediate drive-away of in-stock units.

Offline multi-brand dealers remain important in interior governorates where consumers value long-standing local relationships. Auction houses service dealers chasing bulk stock, particularly ex-rental batches. Click-and-collect hybrid models have sprouted in tandem: buyers finalise payment online and simply collect the vehicle from a depot, cutting transaction times by half.

Geography Analysis

Due to its dense population, higher median incomes, and concentrated dealer infrastructure, the Muscat governorate accounts for the lion's share of Oman's used car market activity. Salalah in Dhofar ranks second because tourism inflows swell demand for SUVs and MPVs during the khareef season. Industrial zones around Sohar and Duqm have stimulated a third demand cluster; rising blue-collar employment underpinning sustained turnover of pickups and compact sedans. Interior hubs such as Nizwa and Ibri exhibit brisk growth as new road links shrink travel times to Muscat, allowing rural buyers to commute while living outside the capital.

Cross-border trade patterns amplify regional sales. Al-Buraimi benefits from the seamless UAE border crossing, letting buyers shop a broader inventory before clearing Omani registration formalities. Musandam's enclave status similarly pulls inventory from Ras Al-Khaimah into local lots. Dealers in these border areas capitalise on duty-free inflows of near-new GCC stock, then resell nationwide via digital marketplaces. These intertwined flows entrench the Oman used car market as a conduit between supply-rich UAE and demand-rich interior Oman.

Road-building and industrial diversification under Vision 2040 continue to tilt regional dynamics. Once fully operational, Duqm refinery and the port's related petrochemical complex are expected to lift migrant employment, broadening the buyer base in Al Wusta governorate. As corporate leasing fleets mature, organized dealers envisage satellite branches in Duqm to manage trade-ins locally, strengthening the geographic diffusion of organized dealers.

Competitive Landscape

Competition remains moderately fragmented. Organised giants—Saud Bahwan Group (Toyota), Suhail Bahwan Group (Nissan), Al-Jenaibi International (BMW), and Zawawi Trading (Mercedes-Benz)—leverage OEM alliances to guarantee parts and offer CPO warranties, widening their moat. Digital marketplaces like Dubizzle Oman, YallaMotor, and CarSwitch aggregate listings from dealers and individuals alike, compressing price arbitrage and empowering buyers to compare across brands with a single app. Independent urban dealers counter with aggressive price bundles, often absorbing registration and insurance fees to lure footfall from online channels.

Strategic emphasis is shifting toward data. Dealers integrate AI valuation models that refine price quotes using live market data, accelerating stock turnover and minimising holding costs. Some have begun to pilot subscription packages that pair a vehicle with maintenance, insurance, and telematics, echoing mobility-as-a-service trends emerging in more mature markets. EV-specific diagnostic capacity is another battleground; workshops investing in high-voltage battery testing gear advertise results alongside traditional inspection reports to calm buyer anxiety.

Cross-border sourcing remains a competitive lever. Firms with logistics arms in Dubai can secure bulk consignments of de-fleeted SUVs and enjoy scale advantages during customs clearance. Conversely, border-town independents occasionally undercut Muscat prices by capitalising on GCC registration exemptions for two-year-old vehicles. Regulatory developments—such as tighter VAT compliance and potential digitised title transfers—will likely raise entry barriers over time, favouring capitalised, technology-savvy enterprises poised to consolidate share.

Oman Used Car Industry Leaders

  1. YallaMotor.com

  2. OpenSooq

  3. OTE Group

  4. Kavak

  5. Omanicar

  6. *Disclaimer: Major Players sorted in no particular order
Oman Used Car Market Concentration
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Recent Industry Developments

  • April 2025: The Royal Oman Police (ROP) announced that from July 1, 2025, it will discontinue accepting vehicle imports through the clearance certificate system. This policy change aims to regulate used vehicle imports and strengthen the domestic automobile industry.
  • January 2025: Oman’s 2025 budget confirmed a 3% GDP growth target and maintained fuel-price-stabilisation funding, offering a supportive macro backdrop for car financing, which will benefit the buyers of used cars.

Table of Contents for Oman Used Car Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 High New-Car Prices and Affordability Gap
    • 4.2.2 Rapid Growth of Digital Classified Portals
    • 4.2.3 Easier Access to Used-Car Financing Options
    • 4.2.4 Expansion of Certified-Pre-Owned (CPO) Programs
    • 4.2.5 Re-export Inflow of Ex-Rental GCC Fleet
    • 4.2.6 AI-based Inspection/Certification Boosting Buyer Trust
  • 4.3 Market Restraints
    • 4.3.1 Import Duties and Age-based Restrictions
    • 4.3.2 Oil-price-linked Macro Volatility Affecting Disposable Income
    • 4.3.3 Absence of a National Vehicle-history Registry
    • 4.3.4 Slow EV-charging Roll-out Limiting Used-EV Uptake
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value (USD) and Volume (Units))

  • 5.1 By Vehicle Type
    • 5.1.1 Hatchbacks
    • 5.1.2 Sedans
    • 5.1.3 SUVs
    • 5.1.4 MPVs
    • 5.1.5 Others (Convertibles, Coupes, Crossovers, Sports cars)
  • 5.2 By Vendor Type
    • 5.2.1 Organized
    • 5.2.2 Unorganized
  • 5.3 By Fuel Type
    • 5.3.1 Petrol
    • 5.3.2 Diesel
    • 5.3.3 Hybrid
    • 5.3.4 Electric
    • 5.3.5 Others (CNG, Fuel Cell, etc.)
  • 5.4 By Vehicle Age
    • 5.4.1 0 - 2 Years
    • 5.4.2 3 - 5 Years
    • 5.4.3 6 - 8 Years
    • 5.4.4 9 - 12 Years
    • 5.4.5 Above 12 Years
  • 5.5 By Price Segment (USD)
    • 5.5.1 Below 5,000
    • 5.5.2 5,000 - 9,999
    • 5.5.3 10,000 - 14,999
    • 5.5.4 15,000 - 19,999
    • 5.5.5 20,000 - 29,999
    • 5.5.6 Above 30,000
  • 5.6 By Sales Channel
    • 5.6.1 Online
    • 5.6.1.1 Digital Classified Portals
    • 5.6.1.2 Pure-Play E-Retailers
    • 5.6.1.3 OEM-Certified Online Stores
    • 5.6.2 Offline
    • 5.6.2.1 OEM-Franchised Dealers
    • 5.6.2.2 Multi-Brand Independent Dealers
    • 5.6.2.3 Physical Auction Houses

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products and Services, SWOT Analysis, and Recent Developments)
    • 6.4.1 YallaMotor
    • 6.4.2 Omanicar
    • 6.4.3 OpenSooq
    • 6.4.4 Kavak
    • 6.4.5 Best Cars
    • 6.4.6 OTE Group
    • 6.4.7 Dubizzle Group / OLX Oman
    • 6.4.8 Volkswagen Certified Used Cars
    • 6.4.9 Toyota Certified Used Vehicles (Saud Bahwan)
    • 6.4.10 Nissan Intelligent Choice (Suhail Bahwan)
    • 6.4.11 Al-Jenaibi BMW Approved Used
    • 6.4.12 Mercedes-Benz Certified (Zawawi)
    • 6.4.13 Hyundai CPO (OME)
    • 6.4.14 Mitsubishi Pre-Owned (General Automotive)
    • 6.4.15 Mazda CPO (Towell Auto)
    • 6.4.16 Al-Futtaim Auto Auction
    • 6.4.17 Copart Oman

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Oman Used Car Market Report Scope

A used car, a pre-owned vehicle, or a second-hand car is a vehicle that has previously had one or more retail owners. On the other hand, a certified pre-owned (CPO) vehicle is a pre-owned vehicle that has been extensively inspected (pre-purchase inspection) and expertly reconditioned. The term ''used'' refers to the fact that the car has been driven and may have accumulated some wear and tear over its lifetime.

The scope of Oman's used car market is segmented by vehicle type and vendor type. By vehicle type, the market is segmented into hatchbacks, sedans, sport utility vehicles, and multi-purpose vehicles. By vendor type, the market is segmented into organized and unorganized.

For each segment, market sizing and forecast have been done on the basis of value (USD).

By Vehicle Type Hatchbacks
Sedans
SUVs
MPVs
Others (Convertibles, Coupes, Crossovers, Sports cars)
By Vendor Type Organized
Unorganized
By Fuel Type Petrol
Diesel
Hybrid
Electric
Others (CNG, Fuel Cell, etc.)
By Vehicle Age 0 - 2 Years
3 - 5 Years
6 - 8 Years
9 - 12 Years
Above 12 Years
By Price Segment (USD) Below 5,000
5,000 - 9,999
10,000 - 14,999
15,000 - 19,999
20,000 - 29,999
Above 30,000
By Sales Channel Online Digital Classified Portals
Pure-Play E-Retailers
OEM-Certified Online Stores
Offline OEM-Franchised Dealers
Multi-Brand Independent Dealers
Physical Auction Houses
By Vehicle Type
Hatchbacks
Sedans
SUVs
MPVs
Others (Convertibles, Coupes, Crossovers, Sports cars)
By Vendor Type
Organized
Unorganized
By Fuel Type
Petrol
Diesel
Hybrid
Electric
Others (CNG, Fuel Cell, etc.)
By Vehicle Age
0 - 2 Years
3 - 5 Years
6 - 8 Years
9 - 12 Years
Above 12 Years
By Price Segment (USD)
Below 5,000
5,000 - 9,999
10,000 - 14,999
15,000 - 19,999
20,000 - 29,999
Above 30,000
By Sales Channel
Online Digital Classified Portals
Pure-Play E-Retailers
OEM-Certified Online Stores
Offline OEM-Franchised Dealers
Multi-Brand Independent Dealers
Physical Auction Houses
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Key Questions Answered in the Report

How large is the Oman used car market today?

The Oman used car market is valued at USD 1.02 billion in 2025 and is on track to reach USD 1.24 billion by 2030, expanding at a 3.983% CAGR.

Which vehicle type attracts the greatest demand?

SUVs hold 45.34% share and are also the fastest-growing category, advancing at a 8.76% CAGR through 2030 due to their versatility on Omani terrain.

How important are online channels for used-car sales in Oman?

Online platforms now capture 68.51% of transactions and are scaling at 9.23% annually, reflecting widespread mobile-payment adoption and government investment in digital infrastructure.

What is driving electric-vehicle growth in the secondary market?

Government mandates for universal charger installation at new fuel stations, electricity subsidies and improving battery diagnostics contribute to a 8.92% CAGR in used EV revenue.

Page last updated on: July 2, 2025

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