Value of the used vehicle market in Japan 2015-2024

Published by
Alexandru Arba
,
Apr 29, 2025

In 2024, the estimated value of the used car market in Japan grew to approximately 4.83 trillion Japanese yen, up from 3.91 trillion Japanese yen in the previous year. In that year, around 3.1 million used vehicles were sold in Japan.

Estimated value of the used automobile market in Japan from 2015 to 2024 (in trillion Japanese yen)

CharacteristicMarket value in trillion Japanese yen
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Statistic: Estimated value of the used automobile market in Japan from 2015 to 2024 (in trillion Japanese yen)

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Release date

March 2025

Region

Japan

Survey time period

2015 to 2024

Special properties

based on the national population census*

Supplementary notes

*The market value was estimated by multiplying each year's available national population census of people aged 18 to 69 years, the percentage of survey respondents who purchased at least one used car within the past year, and the average price of surveyed used car purchases. Consequently, the estimated market value does not include those used cars bought after the first one.


100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of April 2025.

Figures have been rounded.


Values before 2018 are from previous reports.

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