DUBLIN--(BUSINESS WIRE)--The "Latin American Used Car Sales, 2022: Frost Radar Report" report has been added to ResearchAndMarkets.com's offering.

The report presents competitive profiles of 14 top players based on their strengths, opportunities, and market positioning. It discusses strategic market imperatives and the competitive environment that vendors operate in, and makes recommendations for each provider to spur growth.

Although not a fully formalized market yet, Latin American used car sales have expanded in the last few years as a result of new vehicles' high prices and reduced supply scarcity because of pandemic-related supply chain issues.

Most local used vehicle transactions happen informally. However, traditional car dealerships, online marketplaces, and online transactional companies aim to reduce this by offering broad catalogs, value-added services, a variety of financing options, and fully digital purchase experiences.

Although the main competitors are well-established companies with presence in many countries, start-ups are entering the market with disruptive products and services.

Companies to Action

  • Autoland
  • Car One
  • Carbula
  • Creditas Auto
  • Curbo
  • iCarros
  • Karvi
  • Kavak
  • Localiza
  • Mercado Libre
  • Movida
  • OLX Group (OLX and OLX Autos)
  • Unidas
  • Webmotors

For more information about this report visit https://www.researchandmarkets.com/r/29zzbq


Laura Wood, Senior Press Manager

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