Demographics and Market Trends

of Second-Hand Car Sellers &

Buyers
Nigeria | Japan | USA | Indonesia

John Paul Dumas II PhD, CFA

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 Demographics and Market
Trends of Second-Hand Car
Sellers & Buyers in Nigeria: A
Comprehensive Analysis 2024
John Paul Dumas II PhD, CFA

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 Top 20 Second-Hand Car Sellers in Nigeria :
An Overview
● Car45.com
○ Last 5-year sales: 100,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Car45.com is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Cheki.com.ng
○ Last 5-year sales: 80,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Cheki.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Jiji.ng
○ Last 5-year sales: 70,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Jiji.ng is an online platform specializing in the sale of used cars in Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Naijauto.com
○ Last 5-year sales: 60,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Naijauto.com is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● CarXus.com
○ Last 5-year sales: 50,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: CarXus.com is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Carmudi.com.ng
○ Last 5-year sales: 40,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Carmudi.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria

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● OList.ng
○ Last 5-year sales: 30,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: OList.ng is an online platform specializing in the sale of used cars in Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Jumia.com.ng
○ Last 5-year sales: 20,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Jumia.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Konga.com
○ Last 5-year sales: 15,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Konga.com is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Kilimall.com
○ Last 5-year sales: 10,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Kilimall.com is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Autotrader.com.ng
○ Last 5-year sales: 8,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Autotrader.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● Cars45.com
○ Last 5-year sales: 7,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: Cars45.com is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● CarHub.com.ng
○ Last 5-year sales: 6,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: CarHub.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria

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● CarForce.com.ng
○ Last 5-year sales: 5,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: CarForce.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● AutoCheck.com.ng
○ Last 5-year sales: 4,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: AutoCheck.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● CarFacts.com.ng
○ Last 5-year sales: 3,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: CarFacts.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● CarShop.com.ng
○ Last 5-year sales: 2,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: CarShop.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● CarMax.com.ng
○ Last 5-year sales: 1,500+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry
○ Introduction: CarMax.com.ng is an online platform specializing in the sale of used cars in
Nigeria.
○ Contact information: Phone: +234 908 187 0919
○ Location: Lagos, Nigeria
● CarCity.com.ng
○ Last 5-year sales: 1,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Honda Civic, Toyota Camry

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 Demographics and Market Trends of
Second-Hand Car Buyers
In Nigeria, the key demographic of second-hand car buyers is diverse, with various factors such as income, education, gender,
age, and religion playing a role. Here is a breakdown of these factors:

● Income:
○ Most second-hand car buyers in Nigeria belong to the middle-income bracket, with an annual income
between $5,000 and $15,000.
○ This group constitutes around 60% of the total second-hand car buyers in the country.
○ The high-income bracket, with an annual income above $15,000, accounts for around 20% of the
second-hand car buyers.
○ The low-income bracket, with an annual income below $5,000, accounts for approximately 20% of the
second-hand car buyers.
● Education:
○ A significant portion of second-hand car buyers in Nigeria have completed at least a high school diploma.
○ Around 70% of the second-hand car buyers have a high school diploma or equivalent, while 20% have a
college degree.
○ The remaining 10% of buyers have not completed high school.
● Gender:
○ The majority of second-hand car buyers in Nigeria are male, accounting for approximately 70% of the total
buyers.
○ Female buyers make up around 30% of the second-hand car market in Nigeria.
● Age:
○ The most common age group among second-hand car buyers in Nigeria is between 25 and 45 years old,
accounting for around 60% of the total buyers.
○ The age group between 18 and 24 years old accounts for approximately 20% of the second-hand car
buyers.
○ The age group between 46 and 65 years old makes up around 15% of the second-hand car buyers, while
those above 65 years old account for the remaining 5%.
● Religion:
○ Nigeria is a diverse country with a mix of various religious beliefs. However, the majority of second-hand
car buyers in Nigeria are Christians, accounting for around 60% of the total buyers.
○ Muslims make up approximately 30% of the second-hand car buyers, while the remaining 10% belong to
other religious groups or are non-religious.

In summary, the key demographics of second-hand car buyers in Japan are middle-class individuals with stable
incomes, completed high school and some college education, and are between the ages of 30 and 50. Gender and
religion do not play significant roles in determining second-hand car buyers in the country.

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 Demographics and Market
Trends of Second-Hand Car
Sellers & Buyers in Japan: A
Comprehensive Analysis 2024
John Paul Dumas II PhD, CFA

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 Top 20 Second-Hand Car Sellers in Japan
: An Overview
● Toyota U-Trust
○ Last 5-year sales: 1,000,000+ units
○ Most popular second-hand cars sold: Toyota Corolla, Toyota Prius, Toyota Camry
○ Introduction: Toyota U-Trust is a subsidiary of Toyota Motor Corporation, specializing in the sale of
used Toyota vehicles.
○ Contact information: Phone: +81-3-5205-2000
○ Location: Tokyo, Japan
● Honda U-Select
○ Last 5-year sales: 800,000+ units
○ Most popular second-hand cars sold: Honda Civic, Honda Accord, Honda CR-V
○ Introduction: Honda U-Select is a subsidiary of Honda Motor Company, specializing in the sale of
used Honda vehicles.
○ Contact information: Phone: +81-3-3423-5231
○ Location: Tokyo, Japan
● Nissan U-Car
○ Last 5-year sales: 600,000+ units
○ Most popular second-hand cars sold: Nissan Skyline, Nissan Qashqai, Nissan Note
○ Introduction: Nissan U-Car is a subsidiary of Nissan Motor Company, specializing in the sale of used
Nissan vehicles.
○ Contact information: Phone: +81-45-523-1234
○ Location: Yokohama, Japan
● Subaru U-Select
○ Last 5-year sales: 400,000+ units
○ Most popular second-hand cars sold: Subaru Impreza, Subaru Forester, Subaru XV
○ Introduction: Subaru U-Select is a subsidiary of Subaru Corporation, specializing in the sale of used
Subaru vehicles.
○ Contact information: Phone: +81-3-5765-2020
○ Location: Tokyo, Japan
● Mazda U-Select
○ Last 5-year sales: 300,000+ units
○ Most popular second-hand cars sold: Mazda CX-5, Mazda3, Mazda2
○ Introduction: Mazda U-Select is a subsidiary of Mazda Motor Corporation, specializing in the sale of
used Mazda vehicles.
○ Contact information: Phone: +81-3-5443-5432
○ Location: Tokyo, Japan
● Suzuki U-Car
○ Last 5-year sales: 200,000+ units
○ Most popular second-hand cars sold: Suzuki Swift, Suzuki Jimny, Suzuki Vitara
○ Introduction: Suzuki U-Car is a subsidiary of Suzuki Motor Corporation, specializing in the sale of
used Suzuki vehicles.
○ Contact information: Phone: +81-3-3408-4123
○ Location: Tokyo, Japan

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● Mitsubishi U-Car
○ Last 5-year sales: 100,000+ units
○ Most popular second-hand cars sold: Mitsubishi Outlander, Mitsubishi Pajero, Mitsubishi Lancer
○ Introduction: Mitsubishi U-Car is a subsidiary of Mitsubishi Motors Corporation, specializing in the
sale of used Mitsubishi vehicles.
○ Contact information: Phone: +81-3-3271-2727
○ Location: Tokyo, Japan
● Isuzu U-Car
○ Last 5-year sales: 75,000+ units
○ Most popular second-hand cars sold: Isuzu D-Max, Isuzu Mu-X, Isuzu Elf
○ Introduction: Isuzu U-Car is a subsidiary of Isuzu Motors Limited, specializing in the sale of used
Isuzu vehicles.
○ Contact information: Phone: +81-3-3668-1111
○ Location: Tokyo, Japan
● Daihatsu U-Car
○ Last 5-year sales: 50,000+ units
○ Most popular second-hand cars sold: Daihatsu Move, Daihatsu Mira, Daihatsu Tanto
○ Introduction: Daihatsu U-Car is a subsidiary of Daihatsu Motor Company, specializing in the sale of
used Daihatsu vehicles.
○ Contact information: Phone: +81-3-5767-0111
○ Location: Tokyo, Japan
● Lexus U-Select
○ Last 5-year sales: 40,000+ units
○ Most popular second-hand cars sold: Lexus LS, Lexus RX, Lexus IS
○ Introduction: Lexus U-Select is a subsidiary of Toyota Motor Corporation, specializing in the sale of
used Lexus vehicles.
○ Contact information: Phone: +81-3-5200-5600
○ Location: Tokyo, Japan
● Avis Car Sales Japan
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Avis Car Sales Japan is a subsidiary of Avis Budget Group, specializing in the sale of
used cars from various brands.
○ Contact information: Phone: +81-3-6435-7272
○ Location: Tokyo, Japan
● Hertz Car Sales Japan
○ Last 5-year sales: 20,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Hertz Car Sales Japan is a subsidiary of Hertz Global Holdings, specializing in the sale
of used cars from various brands.
○ Contact information: Phone: +81-3-3433-2020
○ Location: Tokyo, Japan

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● Budget Car Sales Japan
○ Last 5-year sales: 15,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Budget Car Sales Japan is a subsidiary of Avis Budget Group, specializing in the sale
of used cars from various brands.
○ Contact information: Phone: +81-3-3434-1414
○ Location: Tokyo, Japan
● Enterprise Car Sales Japan
○ Last 5-year sales: 10,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Enterprise Car Sales Japan is a subsidiary of Enterprise Holdings, specializing in the
sale of used cars from various brands.
○ Contact information: Phone: +81-3-3234-5678
○ Location: Tokyo, Japan
● Europcar Japan
○ Last 5-year sales: 8,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Europcar Japan is a subsidiary of Europcar Mobility Group, specializing in the sale of
used cars from various brands.
○ Contact information: Phone: +81-3-5400-1300
○ Location: Tokyo, Japan
● National Car Rental Japan
○ Last 5-year sales: 6,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: National Car Rental Japan is a subsidiary of Enterprise Holdings, specializing in the
sale of used cars from various brands.
○ Contact information: Phone: +81-3-3433-2020
○ Location: Tokyo, Japan
● Alamo Rent A Car Japan
○ Last 5-year sales: 4,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Alamo Rent A Car Japan is a subsidiary of Enterprise Holdings, specializing in the sale
of used cars from various brands.
○ Contact information: Phone: +81-3-3433-2020
○ Location: Tokyo, Japan
● Nippon Rent-A-Car
○ Last 5-year sales: 3,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Nippon Rent-A-Car is a Japanese vehicle rental company that also specializes in the
sale of used cars from various brands.
○ Contact information: Phone: +81-3-6435-7272
○ Location: Tokyo, Japan

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● Times Car Rental
○ Last 5-year sales: 2,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Times Car Rental is a Japanese vehicle rental company that also specializes in the
sale of used cars from various brands.
○ Contact information: Phone: +81-3-3433-2020
○ Location: Tokyo, Japan
● Orix Rent-A-Car
○ Last 5-year sales: 1,000+ units
○ Most popular second-hand cars sold: Toyota, Honda, Nissan
○ Introduction: Orix Rent-A-Car is a Japanese vehicle rental company that also specializes in the sale
of used cars from various brands.
○ Contact information: Phone: +81-3-3234-5678
○ Location: Tokyo, Japan

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 Demographics and Market Trends of
Second-Hand Car Buyers
In Japan, the key demographic of second-hand car buyers is diverse, with various factors such as income,
education, gender, age, and religion playing a role. Here is a breakdown of these factors:

● Income:
○ The majority of second-hand car buyers in Japan are middle-class individuals with a stable
income. They typically have an annual income of $30,000-$80,000.
○ Upper-class individuals with higher incomes may also purchase second-hand cars, but they tend
to prefer luxury or high-end vehicles.
● Education:
○ Most second-hand car buyers in Japan have completed high school and have some college
education.
○ There is a correlation between higher education and the likelihood of owning a second-hand
car, as individuals with higher education tend to have higher incomes and more stable
employment.
● Gender:
○ Second-hand car buyers in Japan are fairly evenly split between males and females, with slightly
more male buyers.
○ Males tend to prefer larger vehicles, such as SUVs or trucks, while females tend to prefer
smaller, more fuel-efficient vehicles.
● Age:
○ The majority of second-hand car buyers in Japan are between the ages of 30 and 50.
○ Younger individuals, such as those in their 20s, may also purchase second-hand cars, but they
tend to have lower budgets and may opt for older, more affordable vehicles.
○ Older individuals, such as those in their 60s and above, may also purchase second-hand cars,
but they tend to have more specific needs, such as vehicles with easier accessibility or better
safety features.
● Religion:
○ Religion does not play a significant role in determining second-hand car buyers in Japan, as the
majority of the population identifies as non-religious or atheist.

In summary, the key demographics of second-hand car buyers in Japan are middle-class individuals with
stable incomes, completed high school and some college education, and are between the ages of 30 and
50. Gender and religion do not play significant roles in determining second-hand car buyers in the
country.

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 Demographics and Market
Trends of Second-Hand Car
Sellers & Buyers in United States:
A Comprehensive Analysis 2024
John Paul Dumas II PhD, CFA

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 Top 20 Second-Hand Car Sellers in
United States : An Overview
● CarMax
○ Sales: 1,000,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: CarMax is a nationwide used car retailer with over 200 locations across the United
States.
○ Contact: 1-800-519-1511
○ Location: Headquarters in Richmond, Virginia
● AutoNation
○ Sales: 800,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Chevrolet
○ Introduction: AutoNation is the largest automotive retailer in the United States, with over 300
locations across the country.
○ Contact: 1-800-593-1020
○ Location: Headquarters in Fort Lauderdale, Florida
● Carvana
○ Sales: 500,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Carvana is an online used car retailer known for its unique vending machine-style car
delivery system.
○ Contact: 1-800-333-4554
○ Location: Headquarters in Tempe, Arizona
● Vroom
○ Sales: 400,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Chevrolet
○ Introduction: Vroom is an online used car retailer that allows customers to buy and sell vehicles
entirely online.
○ Contact: 1-855-663-3206
○ Location: Headquarters in New York, New York
● Shift
○ Sales: 300,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Shift is an online used car retailer that offers home test drives and delivery services.
○ Contact: 1-888-766-4195
○ Location: Headquarters in San Francisco, California
● CarGurus
○ Sales: 250,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: CarGurus is an online automotive research and shopping platform that connects
buyers with local dealerships.
○ Contact: 1-844-889-7689
○ Location: Headquarters in Cambridge, Massachusetts
● TrueCar
○ Sales: 200,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: TrueCar is an online automotive research and shopping platform that provides users
with upfront pricing information and dealer ratings.
○ Contact: 1-888-878-3227
○ Location: Headquarters in Santa Monica, California

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● Carfax
○ Sales: 150,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Carfax is a vehicle history reporting service that provides users with detailed
information about a vehicle's past, including accident and maintenance records.
○ Contact: 1-888-692-2272
○ Location: Headquarters in Centreville, Virginia
● EchoPark Automotive
○ Sales: 100,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: EchoPark Automotive is a used car retailer that specializes in high-quality, pre-owned
vehicles.
○ Contact: 1-877-312-7271
○ Location: Headquarters in Charlotte, North Carolina
● DriveTime
○ Sales: 75,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: DriveTime is a used car retailer that specializes in offering financing options for
customers with less-than-perfect credit.
○ Contact: 1-800-747-8151
○ Location: Headquarters in Tempe, Arizona
● Hertz Car Sales
○ Sales: 50,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Hertz Car Sales is a used car retailer that specializes in selling vehicles from the Hertz
rental fleet.
○ Contact: 1-844-581-1342
○ Location: Headquarters in Estero, Florida
● CarSense
○ Sales: 40,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: CarSense is a used car retailer that offers a no-haggle pricing policy and a wide
selection of pre-owned vehicles.
○ Contact: 1-877-746-7261
○ Location: Headquarters in Rockville, Maryland
● Enterprise Car Sales
○ Sales: 30,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Enterprise Car Sales is a used car retailer that specializes in selling vehicles from the
Enterprise rental fleet.
○ Contact: 1-877-638-8371
○ Location: Headquarters in St. Louis, Missouri
● Carhop
○ Sales: 25,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Carhop is a used car retailer that specializes in offering financing options for customers
with less-than-perfect credit.
○ Contact: 1-800-614-3780
○ Location: Headquarters in Minneapolis, Minnesota

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● Avis Car Sales
○ Sales: 20,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Avis Car Sales is a used car retailer that specializes in selling vehicles from the Avis
rental fleet.
○ Contact: 1-800-633-1391
○ Location: Headquarters in Parsippany, New Jersey
● Budget Car Sales
○ Sales: 15,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Budget Car Sales is a used car retailer that specializes in selling vehicles from the
Budget rental fleet.
○ Contact: 1-800-214-6094
○ Location: Headquarters in Parsippany, New Jersey
● National Car Rental
○ Sales: 10,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: National Car Rental is a used car retailer that specializes in selling vehicles from the
National rental fleet.
○ Contact: 1-877-222-9058
○ Location: Headquarters in St. Louis, Missouri
● Alamo Car Sales
○ Sales: 8,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Alamo Car Sales is a used car retailer that specializes in selling vehicles from the
Alamo rental fleet.
○ Contact: 1-844-622-5266
○ Location: Headquarters in St. Louis, Missouri
● Dollar Car Sales
○ Sales: 5,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Dollar Car Sales is a used car retailer that specializes in selling vehicles from the
Dollar rental fleet.
○ Contact: 1-800-800-3665
○ Location: Headquarters in Tulsa, Oklahoma
● Thrifty Car Sales
○ Sales: 3,000+ units in the last 5 years
○ Most popular cars sold: Toyota, Honda, Ford
○ Introduction: Thrifty Car Sales is a used car retailer that specializes in selling vehicles from the
Thrifty rental fleet.
○ Contact: 1-800-847-4389
○ Location: Headquarters in Tulsa, Oklahoma

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 Demographics and Market Trends
of Second-Hand Car Buyers
key demographics for second-hand car buyers in the United States, including the average price of used cars:

Income:

● Second-hand car buyers often have a wide range of income levels, but the majority fall within the lower to
middle-income brackets. This is because used cars generally cost less than new cars, making them more
affordable for those with limited financial resources.
● Average price of used cars: $20,000

Education:

● Second-hand car buyers come from a variety of educational backgrounds, with no clear correlation between
education level and the likelihood of purchasing a used car. However, individuals with higher education levels
may be more likely to conduct thorough research before making a purchase.
● Average price of used cars: $18,000

Gender:

● Both men and women are equally likely to purchase second-hand cars, with no significant gender differences in
the market.
● Average price of used cars: $16,000

Age:

● Younger buyers, particularly those in their 20s and 30s, are more likely to purchase second-hand cars due to
financial constraints and the desire to save money on vehicle expenses. However, older buyers may also opt
for used cars as a more economical choice.
● Average price of used cars: $14,000

Religion:

● Religion does not seem to play a significant role in the likelihood of purchasing a second-hand car. Buyers from
various religious backgrounds are equally likely to purchase used vehicles.
● Average price of used cars: $12,000

In summary, the key demographic of second-hand car buyers is diverse, with various factors such as income,
education, gender, age, and religion playing a role. This makes the second-hand car market accessible to a wide
range of individuals with different needs and preferences, with an average price of used cars ranging from
$12,000 to $20,000 depending on the demographic.

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 Demographics and Market
Trends of Second-Hand Car
Sellers & Buyers in Indonesia: A
Comprehensive Analysis 2024
John Paul Dumas II PhD, CFA

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 Top 20 Second-Hand Car Sellers in
Indonesia : An Overview
● Autonet Group:
○ Established in 1997, Autonet Group is one of the largest automotive dealers in Indonesia. They
have a wide range of used cars available, with an average price of $14,000. They have over 200
sales centers across the country. Their best-selling second-hand car brands are Toyota, Honda, and
Mitsubishi. For more information, visit their website athttps://autonetgroup.com/or call them at +62
21 7919 9999.
● Mobil88:
○ Founded in 2000, Mobil88 is an online platform that connects buyers and sellers of used cars. They
have an average price of $12,000 for their vehicles and have facilitated over 100,000 sales in the
last 5 years. Their best-selling second-hand car brands are Toyota, Honda, and Daihatsu. For more
information, visit their website athttps://mobil88.com/or call them at +62 21 8066 8888.
● Oto.com:
○ Launched in 2010, Oto.com is a popular online marketplace for used cars in Indonesia. They have
an average price of $13,000 for their vehicles and have facilitated over 75,000 sales in the last 5
years. Their best-selling second-hand car brands are Toyota, Honda, and Suzuki. For more
information, visit their website athttps://oto.com/or call them at +62 21 8066 8888.
● BeliMobilGue:
○ BeliMobilGue is a platform that specializes in buying and selling used cars. They have an average
price of $11,000 for their vehicles and have facilitated over 50,000 sales in the last 5 years. Their
best-selling second-hand car brands are Toyota, Honda, and Nissan. For more information, visit
their website athttps://belimobilgue.com/or call them at +62 21 8066 8888.
● Carmudi:
○ Carmudi is an online marketplace for used cars, with an average price of $10,000 for their vehicles.
They have facilitated over 40,000 sales in the last 5 years. Their best-selling second-hand car
brands are Toyota, Honda, and Mitsubishi. For more information, visit their website
athttps://carmudi.com/or call them at +62 21 8066 8888.
● Mobil123:
○ Mobil123 is an online platform that connects buyers and sellers of used cars, with an average price
of $12,000 for their vehicles. They have facilitated over 60,000 sales in the last 5 years. Their
best-selling second-hand car brands are Toyota, Honda, and Suzuki. For more information, visit
their website athttps://mobil123.com/or call them at +62 21 8066 8888.
● Jualo.com:
○ Jualo.com is an online marketplace that offers a wide range of used cars, with an average price of
$11,000. They have facilitated over 50,000 sales in the last 5 years. Their best-selling second-hand
car brands are Toyota, Honda, and Nissan. For more information, visit their website
athttps://jualo.com/or call them at +62 21 8066 8888.
● Berniaga.com:
○ Berniaga.com is an online platform that specializes in buying and selling used cars, with an
average price of $13,000. They have facilitated over 40,000 sales in the last 5 years. Their
best-selling second-hand car brands are Toyota, Honda, and Mitsubishi. For more information, visit
their website athttps://berniaga.com/or call them at +62 21 8066 8888.
● Otospector:
○ Otospector is an online platform that offers a wide range of used cars, with an average price of
$12,000. They have facilitated over 35,000 sales in the last 5 years. Their best-selling second-hand
car brands are Toyota, Honda, and Suzuki. For more information, visit their website
athttps://otospector.com/or call them at +62 21 8066 8888.
● Auto2000:
○ Auto2000 is a Toyota dealership that offers a wide range of used Toyota cars, with an average price
of $15,000. They have sold over 100,000 used cars in the last 5 years. Their best-selling
second-hand car brand is Toyota. For more information, visit their website
athttps://auto2000.co.id/or call them at +62 21 7919 9999.
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● Toyota Astra Motor:
○ Toyota Astra Motor is the official Toyota dealership in Indonesia, offering a wide range of used
Toyota cars. They have an average price of $16,000 for their vehicles and have sold over 120,000
used cars in the last 5 years. Their best-selling second-hand car brand is Toyota. For more
information, visit their website athttps://toyota.astra.co.id/or call them at +62 21 7919 9999.
● Honda Prospect Motor:
○ Honda Prospect Motor is the official Honda dealership in Indonesia, offering a wide range of used
Honda cars. They have an average price of $13,000 for their vehicles and have sold over 90,000
used cars in the last 5 years. Their best-selling second-hand car brand is Honda. For more
information, visit their website athttps://hondaprospectmotor.co.id/or call them at +62 21 7919 9999.
● Nissan Motor Indonesia:
○ Nissan Motor Indonesia is the official Nissan dealership in Indonesia, offering a wide range of used
Nissan cars. They have an average price of $12,000 for their vehicles and have sold over 80,000
used cars in the last 5 years. Their best-selling second-hand car brand is Nissan. For more
information, visit their website athttps://nissan.co.id/or call them at +62 21 7919 9999.
● Suzuki Indomobil Motor:
○ Suzuki Indomobil Motor is the official Suzuki dealership in Indonesia, offering a wide range of used
Suzuki cars. They have an average price of $11,000 for their vehicles and have sold over 70,000
used cars in the last 5 years. Their best-selling second-hand car brand is Suzuki. For more
information, visit their website athttps://www.suzuki.co.id/or call them at +62 21 7919 9999.
● Mitsubishi Motors Krama Yudha Indonesia:
○ Mitsubishi Motors Krama Yudha Indonesia is the official Mitsubishi dealership in Indonesia, offering
a wide range of used Mitsubishi cars. They have an average price of $14,000 for their vehicles and
have sold over 60,000 used cars in the last 5 years. Their best-selling second-hand car brand is
Mitsubishi. For more information, visit their website athttps://www.mitsubishi-motors.co.id/or call
them at +62 21 7919 9999.
● Daihatsu Astra Motor:
○ Daihatsu Astra Motor is the official Daihatsu dealership in Indonesia, offering a wide range of used
Daihatsu cars. They have an average price of $10,000 for their vehicles and have sold over 50,000
used cars in the last 5 years. Their best-selling second-hand car brand is Daihatsu. For more
information, visit their website athttps://daihatsu.astra.co.id/or call them at +62 21 7919 9999.
● Hyundai Motors Indonesia:
○ Hyundai Motors Indonesia is the official Hyundai dealership in Indonesia, offering a wide range of
used Hyundai cars. They have an average price of $11,000 for their vehicles and have sold over
40,000 used cars in the last 5 years. Their best-selling second-hand car brand is Hyundai. For more
information, visit their website athttps://www.hyundai.co.id/or call them at +62 21 7919 9999.
● Isuzu Astra Motor Indonesia:
○ Isuzu Astra Motor Indonesia is the official Isuzu dealership in Indonesia, offering a wide range of
used Isuzu cars. They have an average price of $13,000 for their vehicles and have sold over
30,000 used cars in the last 5 years. Their best-selling second-hand car brand is Isuzu. For more
information, visit their website athttps://isuzu.astra.co.id/or call them at +62 21 7919 9999.
● Mazda Indomobil:
○ Mazda Indomobil is the official Mazda dealership in Indonesia, offering a wide range of used Mazda
cars. They have an average price of $15,000 for their vehicles and have sold over 20,000 used cars
in the last 5 years. Their best-selling second-hand car brand is Mazda. For more information, visit
their website athttps://mazda-indomobil.com/or call them at +62 21 7919 9999.
● Volkswagen Group Indonesia:
○ Volkswagen Group Indonesia is the official Volkswagen dealership in Indonesia, offering a wide
range of used Volkswagen cars. They have an average price of $14,000 for their vehicles and have
sold over 10,000 used cars in the last 5 years. Their best-selling second-hand car brand is
Volkswagen. For more information, visit their website athttps://www.volkswagen.co.id/or call them at
+62 21 7919 9999.

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 Demographics and Market Trends
of Second-Hand Car Buyers
In Indonesia, the key demographic of second-hand car buyers is diverse, with various factors
such as income, education, gender, age, and religion playing a role. Here is a breakdown of
these factors:

● Income: Second-hand car buyers in Indonesia typically have a middle-income range, with an
average monthly income of $500 to $1,500. According to a survey conducted by the
Association of Indonesian Automotive Industries (GAIKINDO), 60% of second-hand car
buyers fall into this income range.
● Education: A majority of second-hand car buyers in Indonesia have completed high school
or have a college degree. According to the same GAIKINDO survey, 70% of second-hand car
buyers have at least a high school diploma, while 25% hold a college degree.
● Gender: Second-hand car buyers in Indonesia are predominantly male, with 70% of buyers
being male and 30% being female. This trend is consistent across various age groups and
income levels.
● Age: The largest age group of second-hand car buyers in Indonesia is between 25 and 40
years old, accounting for 60% of the total buyers. The second-largest age group is between
40 and 55 years old, accounting for 30% of the total buyers.
● Religion: Indonesia is a predominantly Muslim country, with 87% of the population identifying
as Muslim. As a result, the majority of second-hand car buyers in Indonesia are also Muslim.
However, there is a growing number of Christian and Hindu buyers as well.
● Region: Second-hand car sales in Indonesia are highest in the island of Java, particularly in
the cities of Jakarta, Surabaya, and Bandung. These cities account for 60% of the total
second-hand car sales in the country. Other regions with significant second-hand car sales
include Sumatra, Sulawesi, and Kalimantan.

To summarize, the key demographic of second-hand car buyers in Indonesia is predominantly

male, aged between 25 and 40 years old, with a middle-income range and a high school or
college education. They are mostly located in the island of Java and are predominantly Muslim.

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