France Used Cars Market Outlook to 2027: Ken Research

1. Future Outlook of France Used Cars Market: Ken Research Focus on Embracing Digitization, New Government Policies and Entry of Online portals in the market are major factors contributing towards the development of Used Car Market in France. Digitization in Sale of Used Cars: Online sales have emerged as a critical market growth factor. Online penetration by dealership companies has played an important role in allowing customers access with a single click. The existence of such developments resulted in a cumulative growth in demand for used cars. AUTO1.com, one of the largest wholesale used car platforms, seeing a year-over-year increase of more than 100 per cent in B2B trading of battery-electric (BEV), plug-in-hybrid (PHEV), and hybrid vehicles (HEVs), totalling more than ~ unit sales. Interested to Know More about this Report, Request for a sample report Introduction of EV Models: Increased investment in the electric segment is also one of the key reasons, which positively impacts the market demand. With the availability of a supply chain network for used cars in the market, significant traction in terms of volume sales is expected. EVs are making their way into the used car market in greater numbers. In terms of selling at least one EV unit in 2021, French dealers contribute around 32 per cent in the EU countries. Government Regulations: French law states that you must declare the sale of your used car by correctly completing a document entitled a declaration de cession dune vehicle. This needs to be completed irrespective of the value or age of the vehicle. The old document had three pages: one for the seller, one for the buyer and one for your local préfecture. The new version now has just two pages: one for the seller and one for the buyer. Your local prefecture no longer plays any role in this process. Instead, l’Agence

2. Nationale des Titres Sécurisés (ANTS) performs this function. These clear specifications in the government rules and regulations is expected to positively impact the used car market in France. Analysts at Ken Research in their latest publication “France Used Car Market Outlook to 2023 – Surge in Demand for Rental Cars Backed by Increased Online Used Car Sales” by Ken Research observed that the used car market is an emerging automotive market in France at rebounding stage from the economic crisis after the pandemic. The rising government policies and demand for the used car industry, increase in disposable income along with rising online platforms for used cars is expected to contribute to the market growth over the forecast period. The market is expected to grow at ~% CAGR during 2021-2026F owing to an increase in prices of new cars, a rise in demand for used cars and government initiatives. Key Segments Covered in the report: – France Used Car Market By Type of Market Structure         Organized Channel Unorganized Channel OEM Certified Franchise Dealers Multi Brand Dealers DDSA C2C Transaction Local Dealership Auction Companies By Type Of Car       Sedan Hatchback SUV Van Crossover Others By Age of Vehicle       0-2 years 2-4 years 4-6 years 6-8 years 8-10 years More than 10 years By Kms Driven and Type of Fuel Engine  Less than 5,000 km

3.      5,000-20,000 km 20,000-50,000 km 50,000-80,000 km 80,000-120,000 km Above 120,000 km Visit this Link :- Request for custom report Key Target Audience              Offline Dealers Online Portal Organized Multi Brands Dealers OEM Certified Dealerships Online Portal Private Equity and Venture Capitalist Industry Associations OEM Manufacturers Automotive Manufacturers Car Auction Companies Car manufacturing Companies Tourism Agencies Government Bodies & Regulating Authorities Time Period Captured in the Report:    Historical Period: 2017-2021 Base Period: 2022 Forecast Period: 2023-2027F Companies Covered: Online Companies Covered:        Aramisauto Autoscout24 La Centrale Paru Vendu Leboncoin BYmyCAR Auto-selection Offline Companies Covered:    Emil Frey France Geudet BYmyCAR

4.     Bernard Automobiles Car Avenue Maurin Jean Rouyer Automobiles Key Topics Covered in the Report                Introduction to France Used Car Market France Used Car Market Size, 2017-2022 France Used Car Market Segmentation Trends and Developments in France Used Car Market Issues and Challenges in France Used Car Market Used Car Market Supply Chain France Used Car Auction Market Online Comparative Landscape in France Used Car Market Offline Comparative Landscape in France Used Car Market Government Regulations in France Used Car Market Business Model in Online Used Car /Market Working Model in France Used Car Market Case Study- Dutch Renault Dealer Group- How To Sell Off The Old Stock In The Inventory? France Used Car Market Future Outlook and Projections, 2023-2027F Analyst Recommendation for France’s Used Car Market To Know More about this report, download a Free Sample Report: – France Used Cars Market Outlook to 2027 Related Reports by Ken Research: – Saudi Arabia Used Car Market Outlook to 2026F Egypt Used Car Market Outlook to 2026