US Used Vehicle Market Summary
The US Used Vehicle market is projected to grow from 400 USD Billion in 2024 to 600 USD Billion by 2035.
Key Market Trends & Highlights
Used Vehicle Key Trends and Highlights
- The US Used Vehicle market is valued at 400 USD Billion in 2024 and is expected to reach 600 USD Billion by 2035.
- The market is anticipated to grow at a compound annual growth rate of 3.75 percent from 2025 to 2035.
- Increased consumer demand for affordable transportation options is driving the growth of the used vehicle market.
- Growing adoption of electric vehicles due to rising environmental awareness is a major market driver.
Market Size & Forecast
| 2024 Market Size | 400 (USD Billion) |
| 2035 Market Size | 600 (USD Billion) |
| CAGR (2025 - 2035) | 3.75% |
Major Players
Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)
