South Africa Used Car Market 2024-2030
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South Africa Used Car Market 2024-2030

Last Updated:  Apr 26, 2025 | Study Period: 2024-2030

SOUTH AFRICA USED CAR MARKET

 

KEY FINDINGS

  1. South Africa relies on used car imports from EU and Asia to sustain used car market demand
  2. $10-$15k USD is the most popular price bracket for used car sales and Toyota is the most sought after brand. In 2022, the avg prices went up by ~10-12% YOY
  3. Avg mileage of used cars in South Africa is ~70-80k kms
  4. Toyota Hilux, Ford Ranger and VW Golf are much sought after by used car buyers and they also command comparatively higher resale value
  5. The industry needs more tech enabled platforms which can help organize the market and also improve inventory sourcing and liquidation

 

INTRODUCTION

Everybody has at least one ambition of buying a car at some point in their lives, according to the South African used car industry. A few years ago, purchasing a car was tough for those with normal incomes because it was out of their reach. Even used cars from outside were nearly hard to import for some people. 

 

Infographics-South Africa Used Car Market , South Africa Used Car Market Size, South Africa Used Car Market Trends, South Africa Used Car Market Forecast, South Africa Used Car Market Risks, South Africa Used Car Market Report, South Africa Used Car Market Share

 

But today, because of the shifting circumstances, a lot has changed. The systems and facilities have been upgraded through technological innovation. It is now simple to import a vehicle into practically every nation in the world thanks to rising human incomes and the prevalence of numerous online portal websites.Any person can now utilise the internet to import any automobile, new or used.

 

SOUTH AFRICA USED CAR MARKET SIZE AND FORECAST

SOUTH AFRICA USED CAR MARKET

 The South Africa Used car Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

SOUTH AFRICA USED CAR MARKET NEW PRODUCT LAUNCH

The encouraging buoyancy in the used car market, supported by robust vehicle search data and interest, provides a much-needed boost to South Africa's battered automotive sector. AutoTrader, which dominates the online vehicle trading market in South Africa, also provides the sector with important sector and market monitoring, research, and publications. 

 

According to the company, AutoTrader provides unparalleled insight into car-buying patterns in the country" as the largest digital automotive marketplace in South Africa.

 

AutoTrader says that dealers can use the data to buy stock in the right price ranges that also meet consumer demand, which is especially helpful during volatile trading conditions.

SOUTH AFRICA USED CAR MARKET

SOUTH AFRICA USED CAR MARKET COMPANY PROFILES

 

THIS SOUTH AFRICA USED CAR MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many Used Cars are manufactured per annum in South Africa? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a South Africa Used Car and key vendor selection criteria
  3. Where are the Used Cars manufactured? What is the average margin per unit?
  4. Market share of South Africa Used Car market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture South Africa Used Car in-house
  6. key predictions for next 5 years in South Africa Used Car market
  7. Average B-2-B Used Car market price in all segments
  8. Latest trends in Used Car market, by every market segment
  9. The market size (both volume and value) of the Used Car market in 2024-2030 and every year in between?
  10. Production breakup of Used Car market, by suppliers and their OEM relationship
 
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix