Used Car Business Idea

[michalrobartzah]

The used-car market is expanding by the day and mobile apps have a vital role to play in it. The mobile apps have been assisted well by the pandemic and the global shortage of computer chips. Moreover, as there are dedicated mobile applications for selling and buying cars online, it has become easier for the user to go through the process. Also, with the advent of mobile apps, the entire process has become more streamlined and authentic.

Used Car Selling Market: Onwards and Upwards

CAGR: 5.5% (2020-2027)

Prominent Players: Alibaba.com, TrueCar Inc, eBay Inc, Autonation Inc

Revenue forecast in 2027: $2150.6 billion

 

[bornagainbride]

@michalrobartzah So what's your differentiator? You stated that there are already existing apps out there.