Dublin, Dec. 06, 2022 (GLOBE NEWSWIRE) -- The "Mexican Used Premium Car Market Analysis" report has been added to ResearchAndMarkets.com's offering.
This research service performs a comprehensive analysis of the Mexican used premium car market, including growth opportunities, industry growth metrics, and trends, for the market forecast. The study provides meaningful insights for players in the used premium car sector that wish to explore this growing and competitive market.
The used premium car sector represents almost 3% of the Mexican used car market; it expanded in the last few years due to global scarcity of materials and auto parts, an absence of new premium vehicles, and increasing prices.
In Mexico, most used premium vehicle local transactions are informal due to pricing offered to clients and less bureaucracy. However, players in the market, such as car dealerships and their certified pre-owned programs (CPOs), online marketplaces, and online transactional companies (the newest business model in the market), aim to reduce this by offering online catalogs, value-added services, different financing options, and even fully digital purchase experiences.
Identified to be in a mature stage, with almost 116,316 units sold in 2021 and more than 30 active and relevant competitors, the used premium car market in Mexico gains new participants as the online transactional company business model settles in. Although the main competitors are well-established traditional OEMs with a presence in many countries across the globe, new start-ups are presenting innovative services to cater to clients' needs, forcing the competition to step up.
Key Topics Covered:
1 Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of Top 3 Strategic Imperatives on Used Premium Cars
- Growth Opportunities Fuel the Growth Pipeline Engine
2 Growth Opportunity Analysis
- Scope of Analysis
- Segmentation
- Questions This Study Will Answer
- Growth Metrics
- Distribution Channel Analysis
- Growth Drivers
- Growth Restraints
- Sales Forecast
- Forecast Analysis
3 Dynamics of the Used Premium Car Market
- Used Premium Car Market Dynamics
- Legislation Effects on the Used Premium Car Market
- Used Premium Car Trends
- Used Premium Car Value Proposition Analysis
- ICE and Electrified Used Premium Car Market
- Business Models in Used Premium Car Sales
4 Competitor Landscape Mapping & Analysis
- Key CPO Program - Audi Premium Used Cars
- Key CPO Program - BMW Premium Selection
- Key CPO Program - Mercedes-Benz Certified
- Key CPO Program - Porsche Approved
- Key Dealerships
- Key Online Platform - Kavak
- Key Online Platform - Mercado Libre
- Key Online Platform - OLX Autos
5 Growth Opportunity Universe
- Growth Opportunity 1 - Purchase and Delivery Logistics
- Growth Opportunity 2 - Online Transactional Business Model
- Growth Opportunity 3 - Value-added Service Inclusion
Companies Mentioned
- Audi Premium Used Cars
- BMW Premium Selection
- Mercedes-Benz Certified
- Porsche Approved
- Kavak
- Mercado Libre
- OLX Autos
For more information about this report visit https://www.researchandmarkets.com/r/d11w5v
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