Used Vehicle Market overview: The industry for used cars was valued at 828.24 billion USD in 2019 and is expected to grow at a CAGR of 8.3% from 2020 to 2027, reaching 1,355.15 billion USD. A used car is a used automobile that may be sold again. Used automobiles are sold through a variety of channels, including franchised and individual car dealerships, rental car agencies, auctions,...