1. The Egypt Used Car Market witnessed a sharp growth rate in terms of Used Car Market Revenue with higher number of user’s decision to buy used cars. Egypt Used Car Market is currently in its growing phase and registered a CAGR of 5.9% in the period of 2016-2021. Buyer’s decision to buy used car has been positively affected due to se ....

1 . The used car industry in Egypt is expected to grow at a CAGR of 15.3%, with a few players dominating the majority of the market The market grew at a CAGR of 5.9% between 2016 2021 is expected to witness a growth of 15.3% between 2021 2026. The major growth drivers are availability of financing options, online presence of new emer ....

Unorganised dealers dominate the Sales Volume in the Market : With majority of independent dealer in the country, the used car market is dominated by unorganized and Semi-organized dealers. Less-aged cars and popular brands with good resale value are highly valued by participants. Dealers are also increasing their online presence by listing thei ....

Buy Now Pivotal Government Actions: With Egypt being one of the largest auto-fleet, the Government is playing pivotal role in development of used car sector. Car dealer’s welcomes the government’s plan to scrap old cars (over 20 years) will lead to a revival of sales movement, whether for new or used vehicles. The Central Bank of Egypt (C ....

Buy Now The report titled “ Egypt Used Car Market Outlook to 2026 – Driven by Shift in Consumer Demand along with Growth of Online Used Car Platforms and Availability of Financing Options ” provides a comprehensive analysis of the used car market and sales in Egypt. The report also covers overview and genesis of the i ....