Indonesia Used Car Market Trends, Size, Growth and Analysis 2025–2033 | Get Free Sample Report

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According to IMARC Group's report titled "Indonesia Used Car Market Size, Share, Trends and Forecast by Vehicle Type, Booking Channel, Financing Providers, and Region, 2025-2033" the report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

Note : We are in the process of updating our reports to cover the 2026-2034 forecast period. For the most recent data, insights, and industry updates, please click on "Request Free Sample Report".

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Indonesia Used Car Market Overview

The Indonesia used car market size reached 1.5 Million Units in 2024 and is projected to reach 1.9 Million Units by 2033. The market is expected to grow at a CAGR of 3.26% during the forecast period of 2025-2033. This growth is supported by factors such as rising middle-class income, growing digital platforms for vehicle resale, and improved vehicle financing access.

Indonesia Used Car Market Key Takeaways

  • Current Market Size: 1.5 Million Units in 2024
  • CAGR: 3.26%
  • Forecast Period: 2025-2033
  • The market growth is driven by rising middle-class income and increasing demand for affordable personal mobility.
  • Expansion of digital platforms has enhanced vehicle resale and buyer-seller connectivity.
  • Rapid urbanization across Indonesia is fueling the need for personal vehicles.
  • Improved access to vehicle financing through banks and non-banking financial companies.
  • Diverse availability of used cars caters to varied consumer needs from compact city cars to SUVs and luxury vehicles.

Indonesia Used Car Market Growth Factors

  • Rising middle-class income levels in Indonesia are increasing purchasing power.
  • Easy availability and variety of used cars addressing different consumer segments.
  • Increasing demand for affordable and flexible personal mobility solutions.
  • Growth of digital platforms and online marketplaces simplifying used car transactions.
  • Rapid urbanization leading to higher personal vehicle necessity in cities.
  • Improved access to vehicle financing through OEMs, banks, and non-banking financial companies.
  • Growing environmental awareness encourages opting for fuel-efficient and eco-friendly used cars.
  • Expansion of Certified Pre-Owned (CPO) programs providing quality assurance to buyers.
  • Increasing consumer confidence in the reliability and quality of used vehicles.

Indonesia Used Car Market Trends

  • The market is undergoing digitalization with growing influence of online platforms and e-commerce websites.
  • AI-based pricing algorithms and virtual inspections are improving transaction trust and efficiency.
  • Over 79.5% internet penetration in 2024 is facilitating digital market growth.
  • COVID-19 pandemic accelerated adoption of omnichannel retail strategies by traditional dealerships.
  • Rising middle-income population, approximately 47.8 Million in March 2024, drives demand for cost-effective personal transportation.
  • Increased presence of financing options by non-banking companies and online lenders enhances market accessibility.
  • Consumers prefer newer used cars less than ten years old with low mileage for reliability.
  • Certified Pre-Owned (CPO) programs gain traction, offering extended warranties and quality checks.
  • Increasing awareness regarding vehicle safety, green standards, and long-term cost benefits fosters CPO adoption.

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Indonesia Used Car Market Key Players

  • BMW AG
  • Auto Value
  • Caroline.id
  • Diamond Smart Auto
  • Mobil88
  • OLX Indonesia (Astra International)
  • PT Mercedes-Benz Distribution Indonesia
  • PT Tunas Ridean Tbk

Indonesia Used Car Market Segmentation

Vehicle Type Insights:

  • Hatchback: Popular for urban and budget-conscious buyers seeking compact cars.
  • Sedan: Preferred for comfort and style among mid-income groups.
  • Sport Utility Vehicle (SUV): Offers more space and versatility for families and outdoor enthusiasts.
  • Multi-purpose Vehicle (MPV): Suited for larger groups and commercial uses.

Booking Channel Insights:

  • Online: Gaining traction as a convenient and transparent platform for buyers and sellers.
  • OEM Certified/Authorized Dealerships: Trusted for quality assurance and after-sales services.
  • Multi Brand Dealerships: Offering diverse vehicle options to consumers.

Financing Providers Insights:

  • OEMs: Providing tailored financing products for used vehicles.
  • Banks: Traditional financial institutions offering auto loans.
  • Non-Banking Financial Companies: Expanding vehicle financing accessibility for broader consumer base.

Indonesia Used Car Market Regional Insights

  • Java
  • Sumatra
  • Kalimantan
  • Sulawesi
  • Others

Java is the dominant region in the Indonesia used car market, commanding the largest market share. The market across regions is growing at a CAGR of 3.26% during the period 2025-2033, driven by rapid urbanization and economic growth.

Indonesia Used Car Market Recent Developments & News

  • May 2025: Toyota Motor Asia (TMA) acquired a 40% stake in PT Astra Digital Mobil (ADMO), operator of OLX.co.id and OLXmobbi retail network, to enhance vehicle access, financing, and aftersales services.
  • December 2024: CarDekho SEA secured USD 60 Million funding led by Navis Capital Partners, expanding financing and classifieds in Indonesia and Philippines.
  • October 2024: Indonesian startup Broom raised USD 25 Million in Series A+ to digitize traditional used car dealerships with buyback financing and leasing services.
  • July 2024: Auto fintech startup Moladin acquired USD 50 Million in debt financing from Lendable to boost vehicle financing and financial inclusion initiatives.

Indonesia Used Car Market Key Highlights of the Report

  • Comprehensive quantitative analysis of market segments and trends from 2019-2033.
  • In-depth coverage of market drivers, challenges, and opportunities.
  • Porter's five forces analysis detailing competitive rivalry and market attractiveness.
  • Competitive landscape with positioning, strategies, and company evaluation.
  • Detailed profiles of major industry players.
  • Post-sale analyst support and customization options.

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Customization Note: If you require any specific information not covered within this report's scope, we will provide it as part of the customization.

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