Tag: Australia Used Car Market

Australia Used Car Market: A Surge in Demand Driven by Cost-Effectiveness and Peer-to-Peer Platforms

Australia Used Car Market: A Surge in Demand Driven by Cost-Effectiveness and Peer-to-Peer Platforms

The Australia used car market, valued at nearly AUD 69.59 billion in 2024, is projected to experience substantial growth, driven by the proliferation of peer-to-peer distribution channels. Amidst increasing wait times for new vehicles and rising consumer preference for cost-effective automobile models, the industry is expected to grow at a robust compound annual growth rate…