Storyline Middle-Class Expansion: Rising middle-class income drives increased car ownership and demand for pre-owned vehicles. Digital Surge: Growing prevalence of online used car platforms boosts sales and enhances accessibility. Strategic Pandemic Support: Moratorium on car loans sustains the used car industry during the pandemic. Fu ....

“ Introduction of government policies (ELV and EEV) coupled with growing customer confidence and user convenience has driven the Malaysia Used Vehicle Market ” Increasing Number of Inspection Checks: The growing number of inspection checks performed by a dealer before keeping a used car in stock has built the customer confidence with respect ....

How Malaysia Used Vehicle Market is positioned? Malaysia was ranked 44th globally in terms of motorization level. With a population of around 30 million, the ownership status in Malaysia is 341 cars per 1,000 people in the year 2014. The growth in Malaysia Used Vehicle Market is primarily driven by the faster car replacement rate, growing w ....

The report titled “ Malaysia Used Vehicle Market Outlook to 2025 - By Type of Distribution Channel (Organized and Unorganized Dealers), By Mode of Selling (Online and Dealership Walk-Ins), By Type of Vehicle (Sedans, Hatchback, SUVs, MPVs, LCV and others), By Vehicle Age(0-3 years, 3-5 Years, 5-8 Years and More than 8 years), By Brand(Perodua, T ....