Market Overview The used car market in Thailand is maturing, expanding at a CAGR of 1.8% from 2014 to 2020. The key drivers of positive development in used car sales income include rising demand for private vehicles, declining purchasing power, easy access to financing, and rising VAT on new cars. The decline in public transportation owing t ....
Increasing Internet Penetration: There were 52 million internet users in Thailand in January 2020 Internet penetration in Thailand was 75% during the same period. As the smart phone and internet penetration in Thailand is increasing, the used car dealers have been able to increase their footfall. They are using digitalization to make market offe ....
The report titled “ Thailand Used Car Market Outlook To 2025 – Growth of Online Used Car Platforms and Easy Availability of Credit Escalating Industry's Growth ” provides a comprehensive analysis on the status of the used car industry in Thailand. The report covers various aspects including volume of used cars market size, production scenario ....
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