Market Share of Belgium Used Car Industry
The market is fragmented and competitive, with various used car dealerships and online used car platforms operating across Belgium. Some of the major players include Gocar.be, AutoScout24, Cardoen.be, AutoGids, Vroom, OOYYO, True Car, YouCar Be, eBay (2dehands.be), and Auto Viger, among others. These players compete based on various parameters such as used car prices, online presence, value-added offerings such as warranty and financing options, commissions charged, number of listings on their platform, and ready information on the performance of used vehicles, among others.
Various companies operating in the ecosystem are actively engaging in enhancing their brand presence to expand their business capability across Belgium. For instance,
In August 2023, Wijkopenautos, an online platform for selling used cars, announced the opening of its new branch in Retie, Belgium, to cater to customers from this municipality. The brand new branch in the Veldenstraat is the fifth branch in the province of Antwerp, where customers can go for a final evaluation check and handover of their car.
In May 2023, Lynk & Co signed up with BCA Europe for the remarketing of its used cars in seven European markets, including Belgium, France, Germany, Italy, Netherlands, Spain, and Sweden. The partnership aims to provide a subscription and a remote inspection tool to customers with the 01 model. Following the remote inspection, the vehicles will further be inspected, reconditioned, and sold by BCA to its customers.
Belgium Used Car Market Leaders
-
Gocar.be
-
AutoScout24
-
Cardoen.be
-
AutoGids
-
Vroom
*Disclaimer: Major Players sorted in no particular order
