History of Used car in Timeline

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Used car

A used car, also known as a pre-owned or secondhand vehicle, is a car that has had one or more previous retail owners. They are sold through various channels like franchise and independent dealers, rental companies, and private sales. Some retailers offer fixed prices, certified used cars, and extended warranties.

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2006: Vehicle history reports gain traction in 2006

In 2006, around 34% of American used-vehicle buyers purchased a vehicle history report to check the track record of used vehicles using the vehicle's VIN, which helps identify potential issues.

2016: Used car sales in 2016

In 2016, approximately 17.6 million used cars and trucks were sold in the United States, and 38.5 million were sold globally.

2025: India's used car market in 2025

In 2025, India's used car market is projected to reach USD 36.39 B, with significant activity in metro cities and the presence of companies like Car24 and CarDekho, as well as listing websites like Olx.in and UsedCarsDelhi.com.