SEARCH   
MEMBER LOGIN    

Used Car Dealers in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Used Car Dealers in Canada Market Research Report | NAICS 44112CA | Jan 2015

Revving up: Renewed demand for used vehicles and higher prices will drive industry revenue

IBISWorld’s Used Car Dealers market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 10-15
1.8%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
13,211
Businesses
6,126
Industry Analysis & Industry Trends

The Used Car Dealers industry has since shifted gears since the economic downturn and has taken off at full speed. as economic conditions improved and consumer spending began to rise again, consumers released pent-up demand for big-ticket purchases, such as automobiles. Moreover, consumers, still wary of the economic climate, increasingly opted to purchase used vehicles over new ones, helping to boost sales.These trends are expected to continue in the five years to 2020, bolstering demand. Additionally, acquisition activity is expected to remain prominent over the five-year period, as industry operators vie for a greater share of the market... purchase to read more

Industry Report - Industry Investment Chapter

The Used Car Dealers industry has a moderate level of capital intensity, spending about $0.20 on capital for every dollar spent on labour. Used car dealers require fairly minimal capital, typically limited to a few computers, vehicle diagnostic equipment and sales space. The majority of this industry's investments are in the form of vehicle stock, which is held-for-sale and not depreciated. Many dealerships further reduce their capital investment by foregoing parts and services departments and focusing purely on vehicle sales... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Used Car Dealers Industry?

This industry sells used passenger vehicles, including cars, light trucks, sports utility vehicles and vans. Used car dealers also provide parts and repair services, as well as financing and insurance.

Industry Products
Used light trucksUsed cars
 
Industry Activities
Selling used carsSelling used light trucksWholesaling used vehiclesOffering vehicle financing


View Sample
Quote
Select Clients