Used Car Dealers - Market Size, Financial Statistics, Industry Trends

Used Car Dealers Market Size

This report includes historical and forecasted market sizes and industry trends for Used Car Dealers. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Used Car Dealers industry.

Historical Forecasted
2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data

Industry Revenue ($ Billions)

Used Car Dealers Industry Market Size
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022
  • 2023
  • 2024

Industry Forecast ($ Billions)

Used Car Dealers Industry Forecast
  • 2024
  • 2025
  • 2026
  • 2027
  • 2028
  • 2029
  • 2030


Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Used Car Dealers industry.

Geographic Breakdown by U.S. State

Used Car Dealers market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Used Car Dealers companies in the United States.

Industry Revenue by State [Sample]

Market Size by State

Distribution by Company Size

Company Size All Industries Used Car Dealers
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" Used Car Dealers company (both public and private companies are included).

Industry Average Percent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Used Car Dealers industry accounting for the largest revenue sources.

Product Description Description Revenue
($ Millions)
Industry total

Included

Cars, trucks, motorcycles & other powered transportation vehicles
Used passenger cars -- retail
Used vans, minivans, trucks, & buses -- retail
Used passenger cars -- wholesale (for resale)
Used vans, minivans, trucks, & buses -- wholesale
All nonmerchandise receipts
New and used medium- and heavy-duty trucks and buses
Automotive tires, tubes, batteries, parts, accessories
Labor charges to customers for work performed by this estab

Compensation and Salary Surveys

Salary information for employees working in the Used Car Dealers industry.

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 5%

Included

Chief Executives 0%
General and Operations Managers 2%
Sales and Related Occupations 36%
Retail Sales Workers 30%
Counter and Rental Clerks and Parts Salespersons 7%
Retail Salespersons 21%
Retail Salespersons 21%
Office and Administrative Support Occupations 15%
Installation, Maintenance, and Repair Occupations 25%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers 21%
Automotive Technicians and Repairers 21%
Automotive Service Technicians and Mechanics 18%
Transportation and Material Moving Occupations 15%
Material Moving Workers 8%
Laborers and Material Movers, Hand 7%
Cleaners of Vehicles and Equipment 7%

Government Contracts

The federal government spent an annual total of $2,309,960 on the Used Car Dealers industry. It has awarded 47 contracts to 12 companies, with an average value of $192,497 per company.

Top Companies in Used Car Dealers and Adjacent Industries

Company Address Revenue
($ Millions)

Included