The turnover of the used passenger car market in Germany grew to 112.3 billion euros in 2023. The used car market has seen continuous growth since 2017, but 2020, the first year of the COVID-19 pandemic, saw particularly strong year-on-year growth of about 15 percent. While the market and prices of used passenger cars have been growing, revenue from new car sales in Germany decreased between 2019 and 2021.
Turnover of the used passenger car market in Germany from 2016 to 2023
(in billion euros)
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ZDK. (June 11, 2024). Turnover of the used passenger car market in Germany from 2016 to 2023 (in billion euros) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1358201/used-passenger-car-market-turnover-germany/
ZDK. "Turnover of the used passenger car market in Germany from 2016 to 2023 (in billion euros)." Chart. June 11, 2024. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1358201/used-passenger-car-market-turnover-germany/
ZDK. (2024). Turnover of the used passenger car market in Germany from 2016 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1358201/used-passenger-car-market-turnover-germany/
ZDK. "Turnover of The Used Passenger Car Market in Germany from 2016 to 2023 (in Billion Euros)." Statista, Statista Inc., 11 Jun 2024, https://www.statista.com/statistics/1358201/used-passenger-car-market-turnover-germany/
ZDK, Turnover of the used passenger car market in Germany from 2016 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/1358201/used-passenger-car-market-turnover-germany/ (last visited November 25, 2024)
Turnover of the used passenger car market in Germany from 2016 to 2023 (in billion euros) [Graph], ZDK, June 11, 2024. [Online]. Available: https://www.statista.com/statistics/1358201/used-passenger-car-market-turnover-germany/