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

The Report Covers Current Trends in the United Kingdom Car Market, and It is Segmented by Vendor Type (Organized and Unorganized), Fuel Type (Petrol, Diesel, Electric, and Other Fuel Types), Body Type (Hatchback, Sedan, and SUVs and MPVs), and Sales Channel (Online and Offline). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

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

United Kingdom Used Car Market Size

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United Kingdom Used Car Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 64.92 Billion
Market Size (2030) USD 112.89 Billion
CAGR (2025 - 2030) 11.70 %
Market Concentration Medium

Major Players

United Kingdom Used Car Market Major Players

*Disclaimer: Major Players sorted in no particular order

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United Kingdom Used Car Market Analysis

The United Kingdom Used Car Market size is estimated at USD 64.92 billion in 2025, and is expected to reach USD 112.89 billion by 2030, at a CAGR of 11.7% during the forecast period (2025-2030).

The UK used car market exhibits consolidation, with a limited number of major players, both organized and unorganized. Most used cars are sourced from the organized sector, claiming more than half the market share. Arnold Clark is a dominant player in the offline used car market in the United Kingdom.

  • Consumer behavior in the used car market is evolving, with more buyers making decisions after online research. This emphasizes the need for a seamless integration of online and showroom experiences, facilitating the sharing of product information, providing sales support, and enabling online servicing. Online platforms could introduce additional services, allowing users to explore upcoming or ongoing used car auctions nearby.
  • The growth in the UK used car market is attributed to re-energized supply chains, stabilized prices, and a record year for electric vehicle (EV) sales. Despite the rising living costs, consumers turned to more affordable second-hand options, contributing to the overall positive performance of the used car market.
  • In 2023, the used car market in the United Kingdom experienced substantial growth of 5.1% and reached 7,242,692 transactions, according to the Society of Motor Manufacturers and Traders (SMMT). This growth trend persisted for all four consecutive quarters, resulting in 351,915 more individuals opting for second-hand cars compared to 2022.
  • The increased availability of used vehicles, stemming from the alleviation of supply constraints observed in the previous year, provided buyers with a broader range of choices.

Overall, the used car market in the United Kingdom is expected to continue growing steadily during the forecast period.

United Kingdom Used Car Industry Overview

The used cars market in the United Kingdom is fragmented, with slight variations in market share held by the players. This is attributed to the increased number of pre-owned car retail outlets. Arnold Clark, Cazoo, and the Aramis Group are among the major players. To maintain their market positions, these companies are pursuing various growth strategies.

For instance, in January 2023, Marubeni Corporation, acting through Marubeni Auto Investment UK Limited (MAIUK), acquired an 80% stake in HPL Motors Limited (HPLM). HPLM serves as the holding company for Heaton Park Garage Limited (HPL), operating three specialized used car stores near Manchester. This acquisition strengthens Marubeni's presence in the automotive sector, particularly in the dealership business, expanding its reach in key locations like Manchester and London in the United Kingdom.

United Kingdom Used Car Market Leaders

  1. Cinch Cars Limited

  2. Constellation Automotive Group Limited

  3. Arnold Clark Automobiles Limited

  4. Aramis Group

  5. Cazoo Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
United Kingdom Used Car Market Concentration
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United Kingdom Used Car Market News

  • March 2024: Cazoo Group Ltd declared its plans to shift toward a marketplace business model. This strategic move aims to capitalize on the established Cazoo brand and its robust e-commerce platform, which has been a market leader in online automotive retailing. The transition will bring advantages to the 13,000 car dealers operating in the fragmented used car market in the United Kingdom. Cazoo envisions leveraging its platform to create a marketplace that facilitates and enhances the interactions between buyers and sellers in the dynamic automotive retail landscape.
  • October 2023: Assurant, a business service company, entered into a strategic partnership with Hyundai Motor UK to provide a five-year extended warranty for all eligible used car purchases. This is one of the longest-used vehicle extended warranties to be provided by a manufacturer in the United Kingdom.
  • August 2023: Cazoo, the British online auto marketplace, released positive financial results for the second quarter and first half of 2023. This comes after the strategic decision to exit European businesses, focusing exclusively on its home turf in the United Kingdom. The move appears to have yielded favorable outcomes, contributing to the upbeat financial performance reported by Cazoo during this period.

UK Used Car Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Shortened Replacement Cycle for Cars is a Key Driver
  • 4.2 Market Restraints
    • 4.2.1 Increasing Shared Mobility Options Pose a Threat
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value USD)

  • 5.1 By Vendor Type
    • 5.1.1 Organized
    • 5.1.2 Unorganized
  • 5.2 By Fuel Type
    • 5.2.1 Petrol
    • 5.2.2 Diesel
    • 5.2.3 Electric
    • 5.2.4 Other Fuel Types
  • 5.3 By Body Type
    • 5.3.1 Hatchback
    • 5.3.2 Sedan
    • 5.3.3 SUVs and MPVs
  • 5.4 By Sales Channel
    • 5.4.1 Online
    • 5.4.2 Offline

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 Arnold Clark Automobiles Limited
    • 6.2.2 Constellation Automotive Group Limited
    • 6.2.3 Cinch Cars Limited
    • 6.2.4 Aramis Group
    • 6.2.5 Cazoo Ltd
    • 6.2.6 Motors.co.uk Limited
    • 6.2.7 Auto Trader Limited
    • 6.2.8 Carcraft.co.uk
    • 6.2.9 Car Giant Limited
    • 6.2.10 McCarthy Cars (UK) Limited

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Organized Market Space Will Witness Increased Prominence During the Forecast Period
**Subject to Availability
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United Kingdom Used Car Industry Segmentataion

A used car is one that had one or more owners before. Used cars are sold in various locations, including rental car companies, franchise and independent car dealers, auctions, and private party sales.

The UK used car market is segmented by fuel type, body type, vendor type, and sales channel. By fuel type, the market is segmented into petrol, diesel, electric, and other fuel types. By body type, the market is segmented into hatchbacks, sedans, SUVs, and MPVs. By vendor type, the market is segmented into organized and unorganized. By sales channel, the market is segmented into online and offline. The report covers the market size and forecasts in terms of value (USD) for all the above segments.

By Vendor Type Organized
Unorganized
By Fuel Type Petrol
Diesel
Electric
Other Fuel Types
By Body Type Hatchback
Sedan
SUVs and MPVs
By Sales Channel Online
Offline
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UK Used Car Market Research FAQs

How big is the United Kingdom Used Car Market?

The United Kingdom Used Car Market size is expected to reach USD 64.92 billion in 2025 and grow at a CAGR of 11.70% to reach USD 112.89 billion by 2030.

What is the current United Kingdom Used Car Market size?

In 2025, the United Kingdom Used Car Market size is expected to reach USD 64.92 billion.

Who are the key players in United Kingdom Used Car Market?

Cinch Cars Limited, Constellation Automotive Group Limited, Arnold Clark Automobiles Limited, Aramis Group and Cazoo Ltd. are the major companies operating in the United Kingdom Used Car Market.

What years does this United Kingdom Used Car Market cover, and what was the market size in 2024?

In 2024, the United Kingdom Used Car Market size was estimated at USD 57.32 billion. The report covers the United Kingdom Used Car Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United Kingdom Used Car Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

UK Used Car Industry Report

The used car market in the United Kingdom is experiencing notable growth, driven by the demand for affordability, quality, and access to modern automotive technology. This market is segmented by vendor type, fuel type, body type, and sales channel, with organized channels such as dealer chains and online marketplaces seeing significant expansion. Advanced technologies like AI and blockchain are enhancing the buying experience, improving touchpoint management, and providing financial assistance.

The market trends indicate a diverse range of options, including compact cars, SUVs, and mid-size vehicles in both petrol and diesel. Despite challenges from rising car subscription services, the market remains robust. The market forecast and market size are crucial components of understanding this sector, providing insights into future growth and trends.

Industry analysis and industry reports offer comprehensive details, including market share, market value, and growth rate. These reports highlight the importance of the organized segment, which benefits from technological advancements and better customer service. Industry outlook and industry trends also play a vital role in shaping market strategies and decisions.

For those seeking detailed insights, industry research and market data provide valuable information on market segmentation and market predictions. The market overview and market review sections of these reports offer a thorough understanding of the current state and future potential of the UK used car market. The report PDF is available for download, offering a complete industry analysis and market outlook.