Good as new: Overall economic improvements will encourage industry revenue growth

The Used Car Dealers industry in Ontario is expected to grow over the five years to 2018. Encouraged by rising access to credit and disposable income levels, the industry is expected to increase. The industry is set to experience a stable growth over the next five years, though at a relatively modest pace compared with the current five-year period. As a result of improving conditions in the Canadian economy, particularly at the consumer level, many used car dealers are expected to expand their operations in coming years...read more.

Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 13-18
10.2%
Forecast Growth 18-23
Profit
Employment
6,157
Businesses
3,182

Industry Threats & Opportunities

  • Encouraged by rising access to credit and disposable income levels, the industry is expected to increase
  • Additional Insights for the Used Car Dealers in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Used Car Dealers in Ontario Industry are

  • Provision of superior after-sales service
  • Superior financial management and debt management
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income in Ontario and Access to credit in Ontario in the Used Car Dealers in Ontario industry impact industry performance..

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    What's in this report

    What is the Used Car Dealers in Ontario Industry?

    Companies in this industry sell used passenger vehicles, including cars, light trucks, sport utility vehicles and vans. Used car dealers also provide parts and repair services, as well as financing and insurance.

    Industry Products
  • Used vehicles
  • Parts and services
  • Financing and insurance
  • Industry Activities
  • Selling used cars
  • Selling used light trucks
  • Wholesaling used vehicles
  • Offering vehicle financing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income in Ontario
  • Access to credit in Ontario
  • Overnight rate
  • World price of crude oil

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Used Car Dealers in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers in Canada

  • Key Selling Industries
  • Auto Parts Stores in Canada
  • Automobile Wholesaling in Canada
  • Car Body Shops in Canada

  • Products & Services
  • Used vehicles
  • Parts and services
  • Financing and insurance
  • Chart: Used Car Dealers in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Prime
  • Subprime
  • Nonprime
  • Super prime
  • Deep Subprime
  • Chart: Major Market Segmentation for the Used Car Dealers in Ontario Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Used Car Dealers in Ontario

  • Basis of Competition
    Barriers to Entry
    AutoCanada Inc., Bayview Auto Sales, Gaston’s Auto Sales, North Country Auto Sales,
  • Table: AutoCanada Inc. - financial performance
  • Table: Bayview Auto Sales - financial performance
  • Table: Gaston’s Auto Sales - financial performance
  • Table: North Country Auto Sales - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Used Car Dealers in Ontario Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Used Car Dealers in Ontario Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Per capita disposable income (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Car Lease
  • When a financier purchases a car on behalf of the customer, and then leases the vehicle to the customer in return for monthly rental payments.
  • Curbstoners
  • Dealers that buy, sell and trade used vehicles without a licence.
  • Fleet
  • A large collection of cars used for any specific business.
  • Lemon Law
  • A law obligating manufacturers or sellers to repair, replace or refund the price of motor vehicles that prove to be defective.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Used Car Dealers in Ontario market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Used Car Dealers in Ontario:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Used Car Dealers in Ontario market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Used Car Dealers in Ontario, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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