Global market valuation was derived through transaction volume mapping and average selling price (ASP) analysis across vehicle conditions. The methodology included:
• Identification of 60+ key stakeholders across OEM captive finance companies, national dealership groups (AutoNation, Penske, Lithia), digital-native retailers (Carvana, Vroom, Cazoo), wholesale auction operators (Manheim, ADESA, BCA), and certified pre-owned program administrators across North America, Europe, Asia-Pacific, and Latin America
• Product mapping across passenger cars, SUVs/light trucks, commercial vans, and motorcycles segmented by powertrain (ICE, BEV, PHEV, HEV) and condition grade (CPO, non-certified, refurbished)
• Analysis of reported and modeled annual transaction volumes and gross merchandise value (GMV) specific to online marketplaces and brick-and-mortar operations
• Coverage of stakeholders representing 75-80% of global used vehicle transaction value in 2024
• Extrapolation using bottom-up (transaction volume × ASP by country/region) and top-down (platform GMV and dealership revenue validation) approaches, integrated with national vehicle registration databases and remarketing pipeline data to derive segment-specific valuations by fuel type and sales channel