Projected used car market size in the UK 2021-2027
Used vehicles were the main passenger car segment in the country in 2021, representing some 7.53 million sales.
In 2021, the used car market in the United Kingdom was worth around 117.69 billion U.S. dollars. This market size is expected to reach close to 226.2 billion U.S. dollars by 2027, with a compound annual growth rate of 11.5 percent between 2022 and 2027.