Shopping Cart 0
Cart Subtotal
AED 0

Indonesia Used Car Market Outlook to 2025 – By Market Structure (Organized & Unorganized), By Type of Car (MPVs, Hatchbacks, SUVs & Others), By Brand (Toyota, Honda, Daihatsu, Suzuki & Others), By Vehicle Age, By Mileage, By Customer Age and By Region (DKI Jakarta, East Java, West & Central Java, North Sumatera & Others)

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option : NO
Copy Option : No
Download Option: No
Deliverable Format : Excel viewable on the website via username

Excel Only
AED 18350

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: No
Copy Option: No
Download Option: No
Deliverable Format : PDF viewable on the website via username

Single User License
AED 20185

Restricted to one authorized user; Open on 1 PC/ mobile / Tablet only.
Print Option: NO
Copy Option: Excel: No/ PDF: No
Download Option: No
Deliverable Format : Excel, PDF viewable on the website via username

Single and Excel
AED 23855

Access to Printed Report; No Soft Copy
Print Option: No
Copy Option: No
Download Option: No
Deliverable Format : Printed Publication/ Book by Post

Hard Copy License
AED 22387

Multiple Users within the Company/ Enterprise
Print Option: Yes
Copy Option: Yes
Download Option: Yes
Deliverable Format : Excel, PDF viewable on the website via username

Corporate User License
AED 27525

Details

The report titled “Indonesia Used Car Market Outlook to 2025 – By Market Structure (Organized & Unorganized), By Type of Car (MPVs, Hatchbacks, SUVs & Others), By Brand (Toyota, Honda, Daihatsu, Suzuki & Others), By Vehicle Age, By Mileage, By Customer Age and By Region (DKI Jakarta, East Java, West & Central Java, North Sumatera & Others)” provides a comprehensive analysis on the status of the used car industry in Indonesia. The report covers various aspects including the current sales volume & gross transaction value, passenger car ownership in the country, growth facilitators, issues & challenges faced by the industry, and more. Indonesia Used Car Market report concludes with projections for the future of the industry including forecasted sales volume & GTV by 2025, future market segmentation, Covid-19 impact, emerging online used car models, an international case study, and analyst’s take on the future.

Indonesia Used Car Market Overview and Size

The Used Car industry in Indonesia has grown at a CAGR of 4.5% on the basis of gross transaction value over the period 2014-2019 and at a CAGR of 2.0% on the basis of sales volume. The overall economic slowdown, as well as the slowdown of the automotive industry due to a reduction in purchasing power of consumers, contributed to the decline in sales during 2016-2017. The entry of various financing companies in the used car industry, as well as the launch of OEM-certified used car programs, has been the major growth drivers of the industry. The boom in the number of online auto-classified platforms and the traction of the consumers towards online platforms is contributing to the inclining used car sales in the country.

Indonesia Used Car Market Segmentations

By Market Structure: The industry in Indonesia is largely unorganized due to the preference of consumers towards standalone local, independent dealers or the ones located in used car exchanges, along with peer-to-peer sales, facilitated by online auto-classified platforms. The organized market comprises large multi-brand as well as OEM-certified dealerships.

By Type of Cars: Multi-Purpose Vehicles or MPVs were observed to dominate the used car market on the basis of sales volume as they are suitable for large-sized families. Hatchbacks were found to be the second most preferred type of cars in the country as they are popular as city cars among individuals in tier-1 & some tier-2 cities.

By Brand: Toyota continues to dominate the used car market in Indonesia due to the inclination of the consumers towards the brand. The easy availability of spare parts and a higher residual value of Toyota cars contribute to the higher sales. Honda contributed the second-highest sales volume in 2020.  

By Vehicle Age: Five to eight years old cars were observed to dominate the used car sales in the country in 2020. 3-5-year-old vehicles contributed the second-highest sales volume. The average car ownership period in the country ranges between 3-7 years which leads to many cars following in that age group finding their way to the used car market. Many financing companies also offer loans on cars that are up to 5-6 years old.

By Mileage/Kilometers Driven: A large proportion of the used cars sold in 2020 belonged to the category of 50,000-80,000 kilometers. Cars with a mileage of 20,000-50,000 kilometers were also largely preferred by the consumers due to their nearly new look and feel and are also economical. Cars with mileage more than 80,000 kilometers also account for a significant proportion of the used car sales as MPVs usually have a longer useful life and mileage.

By Regions: DKI Jakarta accounted for the highest number of used car sales in the country in 2019 due to the concentration of young working individuals and the urban population in the region. It is one of the most populous regions in the country with the highest passenger car ownership ratio of 405 cars per 1,000 individuals. East Java contributed the second-highest used car sales. Many multi-brand dealers and used car exchanges are located in this region.

By Customer Profile basis Age Group: The majority of the buyers in the used car market were observed to be in the age group 30-50 years. Many young working professionals, families owning multiple cars belong to this age group. The demand for used cars among the age group of 18-30 is also increasing with demand from students and individuals without large families.

Further Segmentation of Organized Market by Sales Channel: The multi-brand dealerships contributed a majority of the sales through the organized channel in the country. These outlets are spread all across the country and are a convenient way of buying a used car with a large inventory and variety of choices at the disposal of the consumer.

Further Segmentation of Unorganized Market by Sales Channel: The majority of the sales through the unorganized channel were identified to have taken place directly between local, independent dealerships that are spread all across the country. The rise of online platforms has also made C2C transactions more convenient and the easy availability of finance is also a contributing factor.

Competitive Landscape of Indonesia Market

The industry is highly fragmented and competitive with >8,000 dealerships operating in the market. Many brands such as Toyota, Hyundai, Suzuki, Mitsubishi, BMW, and Mercedes among others have a certified pre-owned car program in place in the country. Amongst the multi-brand dealerships, Mobill88 was observed to be the largest dealer with 21 branches across the country.  These OEM-certified & multi-brand dealers compete on the basis of parameters such as geographical presence, value-added services offered, financing partners, online presence, after-sales services offered, dealership network, and more.

Indonesia Online Used Car Market

The used car market has witnessed the entry of various online classified portals and marketplaces in recent years. These players follow various different business models and aim to harness the untapped potential of the industry. On the basis of a number of used car listings, OLX Indonesia dominates the market. Some players such as Mobil123 & Carmudi also cater to dealers along with individual sellers and buyers.

Indonesia Used Car Market Future Outlook & Projections

The used car industry is expected to recover from the Covid-19 pandemic and witness growth by 2025. The increasing demand from tier-2 cities for personal mobility is expected to drive the growth of the industry. The growing traction towards online platforms is expected to compel dealerships to expand their presence online. Online platforms are expected to leverage the latest technologies such as artificial intelligence & virtual reality to enhance the user browsing experience.

Key Segments Covered

Indonesia Used Car Market (On the basis of GTV)

Indonesia Used Car Market (On the basis of Sales Volume)

Indonesia Used Car Market Segmentation (On the basis of Sales Volume)

  • By Market Structure (On the basis of Sales Volume & GTV)

Organized

Unorganized

  • By Type of Car

MPVs

Hatchbacks

SUVs

Others

  • By Brand

Toyota

Honda

Daihatsu

Suzuki

Others

  • By Vehicle Age

Less than 1 year

1-3 years

3-5 years

5-8 years

More than 8 years

  • By Mileage

Less than 20,000 Km

20,000-50,000 Km

50,000-80,000 Km

80,000-120,000 Km

More than 120,000 Km

  • By Regions

DKI Jakarta

East Java

West & Central Java

North Sumatera

Others

  • By Age Group of Buyers

18-30 Years

30-50 Years

More than 50 Years

Organized Used Car Market

  • By Sales Channel

Multi-brand Showrooms

OEM-Certified/Authorized Dealership Outlets

Unorganized Used Car Market

  • By Sales Channel

Customer to Customer (C2C)

Local Dealerships

Dealerships Covered

  • Mobil88
  • Toyota Trust (PT Astra Auto Trust)
  • Hyundai Auto Safe (PT Hyundai Mobil Indonesia)
  • Suzuki Auto Value (PT Suzuki Indomobil)
  • Diamond Smart Auto (PT Mitsubishi Motors  Krama Yudha Sales Indonesia)
  • PT Tunas Ridean Tbk

Online Auto-Classifieds/Platforms Covered

  • OLX Indonesia
  • Mobil123
  • Carmudi
  • Oto.com
  • Carsome
  • Carro

Key Target Audience

  • Car Dealerships
  • Car Manufacturers
  • Car-Rental and Leasing Companies
  • Online Auto Classified Companies
  • Industry Associations
  • Regulatory Bodies
  • Used Car Auction Companies
  • Banks & NBFCs

Time Period Captured in the Report:-

  • Historical Period: 2014-2020
  • Forecast Period:  2021-2025

Key Topics Covered in the Report

  • Macroeconomic Overview and Overall Automotive Demand in Indonesia
  • Overview and Genesis of Indonesia Used Car Industry
  • Trends and Growth Drivers in the Industry and Challenges Faced
  • Indonesia Used Car Market Size and Segmentations, 2014 – 2020
  • Ecosystem and Value Chain of Used Car Industry
  • Customer Decision Making Parameters & Brand Perception Mapping
  • Cross Comparisons between Major Authorized Dealerships and Online Auto-Classifieds/Platforms and Company Profiles
  • Future Market Size and Segmentations, 2020-2025F
  • Covid-19 Impact on the Industry, the Way Forward & Upcoming Online Business Models
  • Analyst’s Recommendations
READ MORE

Table Of Content

Scope

1. Executive Summary

2. Country and Automotive Industry Overview of Indonesia
Macroeconomic Overview of Indonesia
Automotive Demand in Indonesia
Region-Wise Passenger Car Ownership

3. Overview, Opportunity & Current Scenario of the Used Car Industry
Genesis & Industry Life Cycle
Supply-Side Ecosystem of Used Car Industry
Value Chain Analysis
Sourcing of Used Car in Indonesia
Trends & Developments
Issues and Challenges
Indonesia Used Car Industry SWOT Analysis

4. Demand & Supply Side Analysis
Market Size of Used Car Industry in Indonesia (On the Basis of Sales Volume in Units & Gross Transaction Value in USD Billion), 2014-2020
Used & New Cars Sales Comparison
Market Segmentations
By Market Structure (Organized & Unorganized on the Basis of Sales Volume & GTV), 2020
Organized Market by Sales Channel (On the Basis of Sales Volume), 2020
Unorganized Market by Sales Channel (On the Basis of Sales Volume), 2020
By Type of Car (On the Basis of Sales Volume), 2020
By Brands (On the Basis of Sales Volume), 2020
By Vehicle Age (On the Basis of Sales Volume), 2020
By Mileage/Kilometers Driven (On the Basis of Sales Volume), 2020
By Regions (On the Basis of Sales Volume), 2020
By Customer Profile basis Age Group, (On the Basis of Sales Volume), 2019
Customer Decision Making Parameters
Brand Perception Mapping

5. Indonesia Used Car Financing Snapshot
Ecosystem and Overview of Used Car Financing Industry
Used Car Financing Payment Practices, Web Aggregators & Recent Developments

6. Competitive Landscape (OEM Certified/Multi-Brand Dealerships)
Business Landscape of Major OEM-Certified/Multi-Brand Dealers (Focus Area, Vintage, Geographical Presence, Partnerships, Strengths & Weaknesses)
Cross Comparison between Major OEM-Certified/Multi-Brand Dealers (On the basis of Service Offerings)
Company Profiles of Major OEM-Certified/Multi-Brand Dealerships
Mobil88
Toyota Trust (PT Astra Auto Trust)
Hyundai Auto Safe (PT Hyundai Mobil Indonesia)
Suzuki Auto Value (PT Suzuki Indomobil)
Diamond Auto Smart (PT Mitsubishi Motors Krama Yudha Sales Indonesia)
PT Tunas Ridean Tbk
Snapshot on Used Car Auctions in Indonesia

7. Snapshot on Online Used Car Market
Customer Pain Points in Used Car Industry
Used Car Journey on Online Platforms
Evolution of Used Car Platforms
Transactional Platforms in Used Car Industry
Operating & Business Models of Online Auto Classified Platforms

8. Competitive Landscape (Online Auto-Classified Platforms/Marketplaces)
Competition Scenario- Market Positioning of Major Auto-Classified Platforms/Marketplaces basis Used Car Listings
Business Landscape of Major Auto-Classified Platforms/Marketplaces (Funding/Investors, Business Model, Focus Area, Key Management, Vintage & Offline Presence)
Cross Comparison between Major Auto-Classified Platforms/Marketplaces Basis Operational Parameters (Yearly Visitors, Yearly Page Views, Daily Page Views per Visitor, Bounce Rate, Average Daily Spent per User, Mobile App Downloads & Facebook Followers)
Strengths & Weaknesses of Auto-Classified Platforms/Marketplaces
Cross Comparison between Auto-Classified Platforms/Marketplaces (On the basis of Service Offerings)
Company Profiles of Major Online Auto-Classified Platforms/Marketplaces
OLX Indonesia
Mobil123
Carmudi
Oto.com
Carsome
Carro

9. International Case Study Analysis (CarSwitch- UAE)

10. Future Outlook & Projections
Covid-19 Impact on Indonesia Used Car Industry
Future Outlook & Market Size of Used Car Industry (On the Basis of Sales Volume in Units & Gross Transaction Value in USD Billion), 2020-2025F
Future Trends and the Way Forward
Future Market Segmentations
By Market Structure (Organized & Unorganized on the Basis of Sales Volume & GTV), 2025F
Organized Market by Sales Channel (On the Basis of Sales Volume), 2025F
Unorganized Market by Sales Channel (On the Basis of Sales Volume), 2025F
By Type of Car (On the Basis of Sales Volume), 2025F
By Vehicle Age (On the Basis of Sales Volume), 2025F
By Mileage/Kilometers Driven (On the Basis of Sales Volume), 2025F
By Regions (On the Basis of Sales Volume), 2025F

11. Analyst Recommendations
Emerging Online Retailing Models in Used Car Industry
Proposed Business Framework
Analysts’ Take on Future Market Positioning

12. Industry Speaks

13. Appendix

Research Methodology

Disclaimer

Contact Us

Licence Rights

License Type Excel Only Single User Single User + Excel Hard Copy Corporate User License
Deliverable Format :viewable on the website via username :viewable on the website via username ; :viewable on the website via username :Printed Publication/ Book by Post ; :viewable on the website via username
Print Option
User Sharing Restricted to one registered login Restricted to one registered login Restricted to one registered login Access to Printed Report; No Soft Copy Multiple Users within the Company/ Enterprise
Download Option
Copy Option
Citation Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate)
Customization 20%
Analyst Time (Post Purchase Queries on Call/ Email)
Disclaimer : In no circumstance, the complete / part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view.

Section Purchase

To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS

Products and Companies

Products

Indonesia Used Car Market (On the basis of GTV)

Indonesia Used Car Market (On the basis of Sales Volume)

Indonesia Used Car Market Segmentations (On the basis of Sales Volume)

  • By Market Structure (On the basis of Sales Volume & GTV)

Organized

Unorganized

  • By Type of Car

MPVs

Hatchbacks

SUVs

Others

  • By Brand

Toyota

Honda

Daihatsu

Suzuki

Others

  • By Vehicle Age

Less than 1 year

1-3 years

3-5 years

5-8 years

More than 8 years

  • By Mileage

Less than 20,000 Km

20,000-50,000 Km

50,000-80,000 Km

80,000-120,000 Km

More than 120,000 Km

  • By Regions

DKI Jakarta

East Java

West & Central Java

North Sumatera

Others

  • By Age Group of Buyers

18-30 Years

30-50 Years

More than 50 Years

Organized Used Car Market

  • By Sales Channel

Multi-brand Showrooms

OEM-Certified/Authorized Dealership Outlets

Unorganized Used Car Market

  • By Sales Channel

Customer to Customer (C2C)

Local Dealerships

Key Target Audience

  • Car Dealerships
  • Car Manufacturers
  • Car-Rental and Leasing Companies
  • Online Auto Classified Companies
  • Industry Associations
  • Regulatory Bodies
  • Used Car Auction Companies
  • Banks & NBFCs

Time Period Captured in the Report:-

  • Historical Period: 2014-2020
  • Forecast Period:  2021-2025


Companies

Dealerships Covered

  • Mobil88
  • Toyota Trust (PT Astra Auto Trust)
  • Hyundai Auto Safe (PT Hyundai Mobil Indonesia)
  • Suzuki Auto Value (PT Suzuki Indomobil)
  • Diamond Smart Auto (PT Mitsubishi Motors  Krama Yudha Sales Indonesia)
  • PT Tunas Ridean Tbk

Online Auto-Classifieds/Platforms Covered

  • OLX Indonesia
  • Mobil123
  • Carmudi
  • Oto.com
  • Carsome
  • Carro

Company Profile

Company Profile Title

The report titled “Indonesia Used Car Market Outlook to 2025 – By Market Structure (Organized & Unorganized), By Type of Car (MPVs, Hatchbacks, SUVs & Others), By Brand (Toyota, Honda, Daihatsu, Suzuki & Others), By Vehicle Age, By Mileage, By Customer Age and By Region (DKI Jakarta, East Java, West & Central Java, North Sumatera & Others)” provides a comprehensive analysis on the status of the used car industry in Indonesia. The report covers various aspects including the current sales volume & gross transaction value, passenger car ownership in the country, growth facilitators, issues & challenges faced by the industry, and more. Indonesia Used Car Market report concludes with projections for the future of the industry including forecasted sales volume & GTV by 2025, future market segmentation, Covid-19 impact, emerging online used car models, an international case study, and analyst’s take on the future.

Indonesia Used Car Market Overview and Size

The Used Car industry in Indonesia has grown at a CAGR of 4.5% on the basis of gross transaction value over the period 2014-2019 and at a CAGR of 2.0% on the basis of sales volume. The overall economic slowdown, as well as the slowdown of the automotive industry due to a reduction in purchasing power of consumers, contributed to the decline in sales during 2016-2017. The entry of various financing companies in the used car industry, as well as the launch of OEM-certified used car programs, has been the major growth drivers of the industry. The boom in the number of online auto-classified platforms and the traction of the consumers towards online platforms is contributing to the inclining used car sales in the country.

Indonesia Used Car Market Segmentations

By Market Structure: The industry in Indonesia is largely unorganized due to the preference of consumers towards standalone local, independent dealers or the ones located in used car exchanges, along with peer-to-peer sales, facilitated by online auto-classified platforms. The organized market comprises large multi-brand as well as OEM-certified dealerships.

By Type of Cars: Multi-Purpose Vehicles or MPVs were observed to dominate the used car market on the basis of sales volume as they are suitable for large-sized families. Hatchbacks were found to be the second most preferred type of cars in the country as they are popular as city cars among individuals in tier-1 & some tier-2 cities.

By Brand: Toyota continues to dominate the used car market in Indonesia due to the inclination of the consumers towards the brand. The easy availability of spare parts and a higher residual value of Toyota cars contribute to the higher sales. Honda contributed the second-highest sales volume in 2020.  

By Vehicle Age: Five to eight years old cars were observed to dominate the used car sales in the country in 2020. 3-5-year-old vehicles contributed the second-highest sales volume. The average car ownership period in the country ranges between 3-7 years which leads to many cars following in that age group finding their way to the used car market. Many financing companies also offer loans on cars that are up to 5-6 years old.

By Mileage/Kilometers Driven: A large proportion of the used cars sold in 2020 belonged to the category of 50,000-80,000 kilometers. Cars with a mileage of 20,000-50,000 kilometers were also largely preferred by the consumers due to their nearly new look and feel and are also economical. Cars with mileage more than 80,000 kilometers also account for a significant proportion of the used car sales as MPVs usually have a longer useful life and mileage.

By Regions: DKI Jakarta accounted for the highest number of used car sales in the country in 2019 due to the concentration of young working individuals and the urban population in the region. It is one of the most populous regions in the country with the highest passenger car ownership ratio of 405 cars per 1,000 individuals. East Java contributed the second-highest used car sales. Many multi-brand dealers and used car exchanges are located in this region.

By Customer Profile basis Age Group: The majority of the buyers in the used car market were observed to be in the age group 30-50 years. Many young working professionals, families owning multiple cars belong to this age group. The demand for used cars among the age group of 18-30 is also increasing with demand from students and individuals without large families.

Further Segmentation of Organized Market by Sales Channel: The multi-brand dealerships contributed a majority of the sales through the organized channel in the country. These outlets are spread all across the country and are a convenient way of buying a used car with a large inventory and variety of choices at the disposal of the consumer.

Further Segmentation of Unorganized Market by Sales Channel: The majority of the sales through the unorganized channel were identified to have taken place directly between local, independent dealerships that are spread all across the country. The rise of online platforms has also made C2C transactions more convenient and the easy availability of finance is also a contributing factor.

Competitive Landscape of Indonesia Market

The industry is highly fragmented and competitive with >8,000 dealerships operating in the market. Many brands such as Toyota, Hyundai, Suzuki, Mitsubishi, BMW, and Mercedes among others have a certified pre-owned car program in place in the country. Amongst the multi-brand dealerships, Mobill88 was observed to be the largest dealer with 21 branches across the country.  These OEM-certified & multi-brand dealers compete on the basis of parameters such as geographical presence, value-added services offered, financing partners, online presence, after-sales services offered, dealership network, and more.

Indonesia Online Used Car Market

The used car market has witnessed the entry of various online classified portals and marketplaces in recent years. These players follow various different business models and aim to harness the untapped potential of the industry. On the basis of a number of used car listings, OLX Indonesia dominates the market. Some players such as Mobil123 & Carmudi also cater to dealers along with individual sellers and buyers.

Indonesia Used Car Market Future Outlook & Projections

The used car industry is expected to recover from the Covid-19 pandemic and witness growth by 2025. The increasing demand from tier-2 cities for personal mobility is expected to drive the growth of the industry. The growing traction towards online platforms is expected to compel dealerships to expand their presence online. Online platforms are expected to leverage the latest technologies such as artificial intelligence & virtual reality to enhance the user browsing experience.

Key Segments Covered

Indonesia Used Car Market (On the basis of GTV)

Indonesia Used Car Market (On the basis of Sales Volume)

Indonesia Used Car Market Segmentation (On the basis of Sales Volume)

  • By Market Structure (On the basis of Sales Volume & GTV)

Organized

Unorganized

  • By Type of Car

MPVs

Hatchbacks

SUVs

Others

  • By Brand

Toyota

Honda

Daihatsu

Suzuki

Others

  • By Vehicle Age

Less than 1 year

1-3 years

3-5 years

5-8 years

More than 8 years

  • By Mileage

Less than 20,000 Km

20,000-50,000 Km

50,000-80,000 Km

80,000-120,000 Km

More than 120,000 Km

  • By Regions

DKI Jakarta

East Java

West & Central Java

North Sumatera

Others

  • By Age Group of Buyers

18-30 Years

30-50 Years

More than 50 Years

Organized Used Car Market

  • By Sales Channel

Multi-brand Showrooms

OEM-Certified/Authorized Dealership Outlets

Unorganized Used Car Market

  • By Sales Channel

Customer to Customer (C2C)

Local Dealerships

Dealerships Covered

  • Mobil88
  • Toyota Trust (PT Astra Auto Trust)
  • Hyundai Auto Safe (PT Hyundai Mobil Indonesia)
  • Suzuki Auto Value (PT Suzuki Indomobil)
  • Diamond Smart Auto (PT Mitsubishi Motors  Krama Yudha Sales Indonesia)
  • PT Tunas Ridean Tbk

Online Auto-Classifieds/Platforms Covered

  • OLX Indonesia
  • Mobil123
  • Carmudi
  • Oto.com
  • Carsome
  • Carro

Key Target Audience

  • Car Dealerships
  • Car Manufacturers
  • Car-Rental and Leasing Companies
  • Online Auto Classified Companies
  • Industry Associations
  • Regulatory Bodies
  • Used Car Auction Companies
  • Banks & NBFCs

Time Period Captured in the Report:-

  • Historical Period: 2014-2020
  • Forecast Period:  2021-2025

Key Topics Covered in the Report

  • Macroeconomic Overview and Overall Automotive Demand in Indonesia
  • Overview and Genesis of Indonesia Used Car Industry
  • Trends and Growth Drivers in the Industry and Challenges Faced
  • Indonesia Used Car Market Size and Segmentations, 2014 – 2020
  • Ecosystem and Value Chain of Used Car Industry
  • Customer Decision Making Parameters & Brand Perception Mapping
  • Cross Comparisons between Major Authorized Dealerships and Online Auto-Classifieds/Platforms and Company Profiles
  • Future Market Size and Segmentations, 2020-2025F
  • Covid-19 Impact on the Industry, the Way Forward & Upcoming Online Business Models
  • Analyst’s Recommendations
READ MORE

Scope

1. Executive Summary

2. Country and Automotive Industry Overview of Indonesia
Macroeconomic Overview of Indonesia
Automotive Demand in Indonesia
Region-Wise Passenger Car Ownership

3. Overview, Opportunity & Current Scenario of the Used Car Industry
Genesis & Industry Life Cycle
Supply-Side Ecosystem of Used Car Industry
Value Chain Analysis
Sourcing of Used Car in Indonesia
Trends & Developments
Issues and Challenges
Indonesia Used Car Industry SWOT Analysis

4. Demand & Supply Side Analysis
Market Size of Used Car Industry in Indonesia (On the Basis of Sales Volume in Units & Gross Transaction Value in USD Billion), 2014-2020
Used & New Cars Sales Comparison
Market Segmentations
By Market Structure (Organized & Unorganized on the Basis of Sales Volume & GTV), 2020
Organized Market by Sales Channel (On the Basis of Sales Volume), 2020
Unorganized Market by Sales Channel (On the Basis of Sales Volume), 2020
By Type of Car (On the Basis of Sales Volume), 2020
By Brands (On the Basis of Sales Volume), 2020
By Vehicle Age (On the Basis of Sales Volume), 2020
By Mileage/Kilometers Driven (On the Basis of Sales Volume), 2020
By Regions (On the Basis of Sales Volume), 2020
By Customer Profile basis Age Group, (On the Basis of Sales Volume), 2019
Customer Decision Making Parameters
Brand Perception Mapping

5. Indonesia Used Car Financing Snapshot
Ecosystem and Overview of Used Car Financing Industry
Used Car Financing Payment Practices, Web Aggregators & Recent Developments

6. Competitive Landscape (OEM Certified/Multi-Brand Dealerships)
Business Landscape of Major OEM-Certified/Multi-Brand Dealers (Focus Area, Vintage, Geographical Presence, Partnerships, Strengths & Weaknesses)
Cross Comparison between Major OEM-Certified/Multi-Brand Dealers (On the basis of Service Offerings)
Company Profiles of Major OEM-Certified/Multi-Brand Dealerships
Mobil88
Toyota Trust (PT Astra Auto Trust)
Hyundai Auto Safe (PT Hyundai Mobil Indonesia)
Suzuki Auto Value (PT Suzuki Indomobil)
Diamond Auto Smart (PT Mitsubishi Motors Krama Yudha Sales Indonesia)
PT Tunas Ridean Tbk
Snapshot on Used Car Auctions in Indonesia

7. Snapshot on Online Used Car Market
Customer Pain Points in Used Car Industry
Used Car Journey on Online Platforms
Evolution of Used Car Platforms
Transactional Platforms in Used Car Industry
Operating & Business Models of Online Auto Classified Platforms

8. Competitive Landscape (Online Auto-Classified Platforms/Marketplaces)
Competition Scenario- Market Positioning of Major Auto-Classified Platforms/Marketplaces basis Used Car Listings
Business Landscape of Major Auto-Classified Platforms/Marketplaces (Funding/Investors, Business Model, Focus Area, Key Management, Vintage & Offline Presence)
Cross Comparison between Major Auto-Classified Platforms/Marketplaces Basis Operational Parameters (Yearly Visitors, Yearly Page Views, Daily Page Views per Visitor, Bounce Rate, Average Daily Spent per User, Mobile App Downloads & Facebook Followers)
Strengths & Weaknesses of Auto-Classified Platforms/Marketplaces
Cross Comparison between Auto-Classified Platforms/Marketplaces (On the basis of Service Offerings)
Company Profiles of Major Online Auto-Classified Platforms/Marketplaces
OLX Indonesia
Mobil123
Carmudi
Oto.com
Carsome
Carro

9. International Case Study Analysis (CarSwitch- UAE)

10. Future Outlook & Projections
Covid-19 Impact on Indonesia Used Car Industry
Future Outlook & Market Size of Used Car Industry (On the Basis of Sales Volume in Units & Gross Transaction Value in USD Billion), 2020-2025F
Future Trends and the Way Forward
Future Market Segmentations
By Market Structure (Organized & Unorganized on the Basis of Sales Volume & GTV), 2025F
Organized Market by Sales Channel (On the Basis of Sales Volume), 2025F
Unorganized Market by Sales Channel (On the Basis of Sales Volume), 2025F
By Type of Car (On the Basis of Sales Volume), 2025F
By Vehicle Age (On the Basis of Sales Volume), 2025F
By Mileage/Kilometers Driven (On the Basis of Sales Volume), 2025F
By Regions (On the Basis of Sales Volume), 2025F

11. Analyst Recommendations
Emerging Online Retailing Models in Used Car Industry
Proposed Business Framework
Analysts’ Take on Future Market Positioning

12. Industry Speaks

13. Appendix

Research Methodology

Disclaimer

Contact Us

License Type Excel Only Single User Single User + Excel Hard Copy Corporate User License
Deliverable Format :viewable on the website via username :viewable on the website via username ; :viewable on the website via username :Printed Publication/ Book by Post ; :viewable on the website via username
Download Option
User Sharing Restricted to one registered login Restricted to one registered login Restricted to one registered login Access to Printed Report; No Soft Copy Multiple Users within the Company/ Enterprise
Print Option
Copy Option
Citation Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate) Yes (Not Publically; but to Private Parties within the company/ affiliate)
Customization 20%
Analyst Time (Post Purchase Queries on Call/ Email)
Disclaimer : In no circumstance, the complete / part of the publication may be resold for monetary terms by the client or any other party related to the client or can be made available on third party website or on Google for general public view.
To know more information on Purchase by Section, please send a mail to support@kenresearch.com

INQUIRE FOR COVID-19 IMPACT ANALYSIS

Products

Indonesia Used Car Market (On the basis of GTV)

Indonesia Used Car Market (On the basis of Sales Volume)

Indonesia Used Car Market Segmentations (On the basis of Sales Volume)

  • By Market Structure (On the basis of Sales Volume & GTV)

Organized

Unorganized

  • By Type of Car

MPVs

Hatchbacks

SUVs

Others

  • By Brand

Toyota

Honda

Daihatsu

Suzuki

Others

  • By Vehicle Age

Less than 1 year

1-3 years

3-5 years

5-8 years

More than 8 years

  • By Mileage

Less than 20,000 Km

20,000-50,000 Km

50,000-80,000 Km

80,000-120,000 Km

More than 120,000 Km

  • By Regions

DKI Jakarta

East Java

West & Central Java

North Sumatera

Others

  • By Age Group of Buyers

18-30 Years

30-50 Years

More than 50 Years

Organized Used Car Market

  • By Sales Channel

Multi-brand Showrooms

OEM-Certified/Authorized Dealership Outlets

Unorganized Used Car Market

  • By Sales Channel

Customer to Customer (C2C)

Local Dealerships

Key Target Audience

  • Car Dealerships
  • Car Manufacturers
  • Car-Rental and Leasing Companies
  • Online Auto Classified Companies
  • Industry Associations
  • Regulatory Bodies
  • Used Car Auction Companies
  • Banks & NBFCs

Time Period Captured in the Report:-

  • Historical Period: 2014-2020
  • Forecast Period:  2021-2025


Companies

Dealerships Covered

  • Mobil88
  • Toyota Trust (PT Astra Auto Trust)
  • Hyundai Auto Safe (PT Hyundai Mobil Indonesia)
  • Suzuki Auto Value (PT Suzuki Indomobil)
  • Diamond Smart Auto (PT Mitsubishi Motors  Krama Yudha Sales Indonesia)
  • PT Tunas Ridean Tbk

Online Auto-Classifieds/Platforms Covered

  • OLX Indonesia
  • Mobil123
  • Carmudi
  • Oto.com
  • Carsome
  • Carro

Mobil88 Company Profile: Operational Analysis

The Company was established in the year 1988 and is one of the largest used car dealers in Indonesia, with over 21 branches spread all across the country. The company is a part of Serasi Auto Raya (SERA), which is a subsidiary of Astra International.  Mobil88 offers buying and selling as well as trade-in facility along with additional services as buyback guarantee.

Mobil88 also launched an e-store and mobile application in 2020 to facilitate easy online purchasing of used cars and penetrate into the online used car market. The platform allows customers to peruse the car inventory and examine their selection in real time, with added capability for various payment options including for credit purchase.

Parameters Covered

  • Overview
  • Services Offered
  • Dealership Network & Locations
  • Best Selling Models
  • Employee Base
  • Used Car Sales Volume
  • Recent Developments

Toyota Trust (PT Astra Auto Trust) Company Profile: Operational Analysis

Established in 2016, PT Astra Auto Trust is a subsidiary of Astra International and is the official certified pre-owned car service by Toyota in Indonesia. The company sells used cars through Toyota Trust as well as Auto2000 showrooms in the country. Toyota Trust has 6 showrooms across the country in Medan, Semarang, Pekanbaru, Bintaro, Makassar, Banjar (South Kalimantan).

Toyota Trust service helps customers who want to trade in from your old vehicle to Toyota and sell quality used vehicles with official Toyota Astra Motor guarantees. It is also supported by also supported by Astra Credit Company (ACC), Toyota Astra Finance (TAF) and Astra Insurance.

Parameters Covered

  • Overview
  • Services Offered
  • Dealership Network & Locations
  • Best Selling Models
  • Employee Base
  • USP
  • Recent Developments
  • Future Plans

Hyundai Auto Safe Company Profile: Operational Analysis

Established in 2005, Auto Safe is the used car division of PT Hyundai Mobil Indonesia. The company guarantees that each Hyundai certified used car is thoroughly inspected including its physical conditions, documents and past history. Auto Safe has showrooms across Indonesia in Jakarta, Bandung, Bekasi and Bali.

It also offers trade in offer for new Hyundai cars in exchange of used Hyundai cars.

Parameters Covered

  • Overview
  • Services Offered
  • Dealership Network & Locations
  • Best Selling Models
  • USP
  • Future Plans

Suzuki Auto Value Company Profile: Operational Analysis

Recently established in 2018, Auto Value is the used car buying and selling service by PT Suzuki Indomobil in Indonesia. Apart from Suzuki certified cars, Auto Value also sells used cars from other brands through its official website. Certified used cars from Suzuki undergo thorough technical tests and also provide engine and transmission warranty. The company has showrooms across Indonesia in Tangerang Regency, East Jakarta, Surabaya, Tangerang, Pangkal Pinang, Cirebon, Jambi and Semarang.

During October-December 2020, Suzuki launched a special trade-in program to offer cashback upto IDR 4 mn for consumers who exchanged their old cars with the Suzuki XL7, All New Ertiga, and Suzuki SX4 S-Cross through Auto Value. 

Parameters Covered

  • Overview
  • Services Offered
  • Dealership Network & Locations
  • Best Selling Models
  • Employee Base
  • USP
  • Recent Developments
  • Future Plans

Diamond Auto Smart Company Profile: Operational Analysis

Established in 2020, Diamond Smart Auto is the official service launched by PT Mitsubishi Motors Krama Yudha Sales Indonesia (MMKSI) for selling Mitsubishi certified & quality used cars. Diamond Smart Auto service is currently only available for Jakarta and its surrounding areas. The company has tied up with Mobilku.com & Mocil.id to sell Mitsubishi certified as well as other cars.

The company has also partnered with Dipo Star Finance (Auto Financing division of MMKSI) to provide used car loans to buyers. It also offers gold and platinum warranty options on all used cars.

Parameters Covered

  • Overview
  • Services Offered
  • Partnerships
  • Best Selling Models
  • USP
  • Future Plans

PT Tunas Ridean Tbk Company Profile: Operational Analysis

Established in 1967 as Tunas Indonesia Motor, the company started as an importer & retailer of used & new cars of Fiat, Holden and Mercedes-Benz. PT Tunas Asset Sarana is a subsidiary of Tunas Motor and operates the used car segment of BMW Premium Selection. PT Asset Sarana operates two BMW Premium Selection showrooms in Jakarta and Bandung.

The company participated in the Series A funding round of Frontier Car South East Asia Pte., a Singaporean company acting as the holding company of PT Mobil Laku Indonesia or BeliMobilGue (now OLX Autos) in 2019.

Parameters Covered

  • Overview
  • Dealership Network & Locations
  • Used Car Financing
  • Employee Base
  • Used Car Sales
  • Recent Developments

OLX Indonesia: Operational Analysis

Established in Indonesia in 2005, the company was first launched as tokobagus.com in Indonesia. The parent company, Naspers, later consolidated its online classifieds operation in the country and re-branded it as OLX Indonesia. The platform offers free as well as premium used car listing option with special packages for used car dealers.

The company merged with Berniaga.com in 2014 and later partnered with BeliMobilGue in 2018 to provide inspection service to used car sellers. In July 2020, BeliMobilGue rebranded itself as OLX Autos, an instant car selling platform. OLX Autos is present in 7 cities with ~113 inspection centers and 2,000 partners throughout Indonesia. 

Parameters Covered

  • Overview
  • Services Offered
  • Best Selling Models
  • Used Car Listings
  • Best Selling Brands
  • Employee Base
  • USP
  • Revenue Streams
  • Recent Developments
  • Premium Listing Fees Charged by the Company under Various Packages

Mobil123: Operational Analysis

Established in 2008, Mobil123 is a leading used car platform in the country. The platform was acquired by iCar Asia in 2012 in an effort to expand its presence in the used car ecosystem across Southeast Asia. Mobil123 became the first Southeast Asian auto site to deploy chatbots functionality across its dealer sites & apps in Indonesia in 2016.

The company has a flashdeal program in place wherein a seller can post information about the vehicle and get the vehicle inspected for instant car selling to dealers. The platform has nationwide dealer partners that participate in its flashdeal program. 

Parameters Covered

  • Overview
  • Services Offered
  • Best Selling Models
  • Used Car Listings
  • Best Selling Brands
  • Employee Base
  • USP
  • Revenue Streams
  • Recent Developments

Carmudi: Operational Analysis

Established in 2014, Carmudi offers a platform for used car buying & selling for individuals as well as dealers. It offers free as well as premium listing options on its platform. The company also operates physical used car exchanges across Indonesia called Carsentros in Surabaya, Makassar, Semarang, Solo and Yogyakarta.  

Malaysia based automotive portal,iCar Asia, acquired Carmudi Indonesia for $4.4 million in 2019. The platform had previously secured a funding of $ 10 million from group of investors that included HV Holtzbrinck Ventures, Tengelmann Ventures, and APACIG in 2018.

Parameters Covered

  • Overview
  • Services Offered
  • Best Selling Models
  • Used Car Listings
  • Best Selling Brands
  • Employee Base
  • USP
  • Revenue Streams
  • Recent Developments

Oto.com: Operational Analysis

Established in 2015, Oto.com was launched by CarBay Pvt. Ltd., a subsidiary of India’s Girnar Software Pvt. Ltd. The platform aims at building a wholesome ecosystem catering to all stakeholders in the automotive industry. The company has also partnered with major OEMs including Ford, Chevrolet, Audi, and other manufacturers to offer Road Side Assistance to buyers of both new and used cars.

In 2016, Oto.com entered into a joint venture with PT. Kreatif Media Karya (KMK), digital business arm of PT Elang Mahkota Teknologi Tbk (Emtek), which is one of Indonesia’s most prominent media and content firms. India’s CarDekho acquired 30% of Emtek’s holding in the platform in 2020.

Parameters Covered

  • Overview
  • Services Offered
  • Best Selling Models
  • Used Car Listings
  • Best Selling Brands
  • Employee Base
  • USP
  • Revenue Streams
  • Recent Developments

Carsome: Operational Analysis

Malaysia based Carsome entered the Indonesian Used Car Market in 2016. The platform is customer-to-business platform that provides instant car selling service to individuals to sell directly to dealers across Indonesia and has over 4,000 dealer partners across the country.

The company currently has presence and inspection centers in Jakarta, Bekasi, Bandung, Surabaya, Cibinong & Medan areas.

In December 2020, the platform raised a Series D funding from Asia Partners Fund Management and plans to roll out a C2B and B2C integrated e-commerce platform for used cars in the future.

Parameters Covered

  • Overview
  • Service Offering
  • Employee Base
  • USP
  • Revenue Streams
  • Future Plans
  • Funding/Investor Information

Carro: Operational Analysis

Headquartered in Singapore, Carro is an online used car marketplace that entered the Indonesian market in 2017. The platform sells certified used cars apart from offering instant car selling service to sellers. The company also operates in Malaysia and Thailand. It offers additional services such as home test drive, insurance and financing options.

The platform raised $110.5 million in a funding round in 2020. In the same year, Carro partnered with Mitsui Sumitomo Insurance Group to introduce a first, behavior and usage-based car insurance program in Indonesia. Usage-based insurance program will use GPS & tracker to read car mileage & driving behavior for premium calculation.

Pages: 1

Parameters Covered

  • Overview
  • Service Offering
  • Used Car Listings
  • Best Selling Brands
  • Employee Base
  • Revenue Streams
  • Recent Developments
  • Future Plans
  • Funding/Investor Information