Indonesia Used
Cars Market Segmentation
By Market
Structure
In 2018 the
sales volume through the unorganized sector contributed to the majority
of the market sales which is nearly ~% of the market. Indonesian consumers
who may want to use a vehicle for a short period of time or
who may not be able to afford a new vehicle find it convenient to
visit a nearby dealer and purchase it as per their budget. On the
other hand, the organized sector was observed to capture the
remaining ~% volume share in 2018.
By
Distribution Channel
Unorganized- Due
to higher discounts given by the unorganized market, the majority of transactions
conducted in the market are through C2C or local dealership
channel. The local dealership channel controlled a major proportion of the
total sales volume in the unorganized used car market during 2018.
, C2C trade-in had the remaining where potential buyers and sellers
negotiate themselves without any involvement of a third party.
Organized- Within
the organized space, multi-brand showrooms and OEM certified outlets took had a
massive market share in terms of sales volume whereas, the remaining volume
share was captured by the bank repossessed cars segment during the
year 2018.
By Type of
Used Cars
Indonesia
used car market comprises of three major segments of used cars which
are MPV/Sedan, Economy/Hatchback, SUV and MPVs, and sedan have
dominated the sale
of used cars in Indonesia during 2018 due to increase in
the demand for bigger cars because of growing family sizes in Indonesia.
Economy and the hatchback had the second-highest market share followed by SUV.
By Kilometers
Driven
Pre-owned
cars are driven for a range of 50000-80000 km collectively dominated
the Indonesian Used car market. Cars who have clocked around 50,000-80,000 km
are highly affected in terms of checking mechanical conditions (car battery and
others) of the vehicle, physical conditions (tires, paint scratches as well as
dents and others) causing wear and tear thus, reducing the total price of the
vehicle.
By Year of
Manufacture
Cars
manufactured during the period 2009-2018 dominated Indonesia used
cars market along with a massive collective volume share of ~% thus, evaluated
around ~ thousand units during 2018. This segment recorded the highest sales
owing to the fact that potential buyers had
A large
variety of used car models to choose from. In addition to that, banks offer
low-interest rate financing options for used cars with an ownership period of
fewer than 5 years.
By Type of
fuel
The
Indonesian used car market was dominated by gasoline-driven cars
followed by Diesel and then others which include hybrid, electric
and CNG). The
reason for the higher sales of used gasoline cars is the average sales price.
The difference in the on-road price of petrol and diesel used car variant is
majorly high because the cost of registration for a diesel car is more than
that of a gasoline car.
Key Segments
Covered: -
Market
Structure
Unorganized
Sector
Organized
Sector
Distribution
Channel
Unorganized
(Local dealership, C2C)
Organized
(Multi-brand dealership and OEM certified, Repossessed
cars)
Unorganized
and Organized lead generation source
Dealership
Walk-ins
Online Auto
Portal
Type of used
cars
MPVs/Sedan
Economy/Hatchback
SUV
Sales by
major cities
Jakarta
Surabaya
Medan
Bandung
Others
Type of Used
passenger cars
Private
Commercial
Kilometers
driven
>5000
5000-20000
20000-50000
50000-80000
80000-120000
120000 and
above
Year of
manufacture
Before 2000
2000-2002
2003-2005
2006-2008
2009-2012
2013-2018
Fuel Type
Gasoline
Diesel
Others
(Hybrid, electrical, CNG)
Key Target
Audience
Automobile
Companies
OEM certified
companies
Online
Classifieds
Multi Brand
Organized Car Dealers
Time Period
Captured in the Report: -
Historical
Period - 2013-2018
Forecast
Period - 2019-2023
Companies
Covered: -
Multi-brand
Dealerships (Mobil88, Andre Motors, Auto2000, Tunas, Sun Star motors and
others)
OEM Certified
Dealerships (Toyota Trust, Hyundai Autosafe, Mercedes certified, and BMW
premium select)
Online auto
portals (OLX, Mobil123, Carmudi, Mobil88, OTO others)
For More
Information on the Research Report, Click On The Link Below: -
Related
Reports by Ken Research: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
