Australia Used Car Market Overview

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Growth Rate: 10.80% (2025-2033)

The used car market in Australia is on the rise and this is due to a good consumer demand and digital change. Online marketplaces are becoming more accessible. This shift is changing market trends. According to IMARC Group's latest report, the Australia used car market size was valued at USD 77.2 billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 197 billion by 2033, exhibiting a CAGR of 10.80% from 2025-2033.

Download a sample copy of the Report: https://www.imarcgroup.com/australia-used-car-market/requestsample

Australia Used Car Industry Trends and Drivers:

The Australia used car market has changed a lot in recent years. This happens for a few reasons: economic factors, shifting consumer preferences, and global supply chain issues. One of the major trends has been the huge increase in demand for used cars during and after the COVID-19 period. New car production faced delays from semiconductor shortages and logistics problems. So, many consumers turned to the used car market. It was a more accessible and affordable option. Demand for used cars was high. Prices surged, and some models even increased in value due to their unavailability. More online car-buying platforms are popping up. Now, Australia are changing how they buy used cars. These platforms are popular because they are convenient, transparent, and offer many options. They attract tech-savvy buyers who like to research and compare from home. This digital change has pushed dealerships to upgrade their platforms. They now offer virtual tours, vehicle histories, and delivery services. This helps them stay competitive.

More people know about climate change, so many buyers are choosing hybrid and electric vehicles (EVs). These options lower carbon footprints and save money in the used vehicle market. The supply of used EVs is still low compared to gas cars. However, this is likely to change. More Australia are getting new electric models and trading in their old ones. Government incentives and policies for cleaner transport will boost these trends. The strong market for large vehicles shows that Australia love SUVs and utes. These cars offer the space and versatility that fit both city and country living. Rising fuel prices and economic uncertainty have made some buyers rethink their choices. They are now shifting back to smaller, more fuel-efficient options. The Australia used vehicle market is changing quickly. Technology, the environment, and consumer behavior drive these changes. This shift creates a competitive space for both buyers and sellers.

IMARCs report provides a deep dive into the Australia used car market analysis, outlining the current trends, underlying market demand, and growth trajectories.

Australia Used Car Industry Segmentation:

The report has segmented the market into the following categories:

Analysis by Vehicle Type: 

• Hatchbacks
• Sedan
• Sports Utility Vehicle
• Others

Analysis by Vendor Type: 

• Organized
• Unorganized

Analysis by Fuel Type: 

• Gasoline
• Diesel
• Others

Analysis by Sales Channel: 

• Online
• Offline

Regional Analysis: 

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

• BMW Group Australia (BMW Premium Certified)
• Carma (ClickCar Australia Pty Ltd)
• CARS24
• com Limited (CAR Group Limited)
• Cartopia Pty Ltd (Only Cars)
• com.au (Nine Entertainment Co. Pty Limited) 
• Gumtree Australia Markets Limited Corporate
• HelloCars Subscription Pty Ltd
• Pickles Auctions Pty Limited
• Toyota Australia (Toyota Certified Pre-Owned Vehicle)

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current, and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:  

IMARC Group 

Street: Morgan Park QLD 4370

City/Town: Warwick

State/Province/Region: Queensland

Country: Australia

Zip/Postal Code: 4370

Email: [email protected]

Phone Number: +1-631-791-1145