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Line 28: With annual sales of over [[US$]]350 billion, the used vehicle industry represents almost half of the U.S. auto retail market and is the largest retail segment of the economy. In 2016, about 17.6 million used cars and trucks were sold in the [[United States]], and 38.5 million were sold worldwide.<ref>{{cite web \|url=https://dealers.edmunds.com/static/assets/articles/2017_Feb_Used_Market_Report.pdf \|title=Market Report\|date=2017 \|website= dealers.edmunds.com}}</ref> ~~===Used car industry in the UAE===~~ The UAE Used Car Market is about to reach USD 18.39 billion in the financial year 2024 and grow at a CAGR of 11.73% to reach USD 32.03 billion by 2029. Car auctions play a vital role in this industry like Marhaba Auctions<ref>https://marhabaauctions.com/</ref>, Copart, Emirates Auction and other used car companies like Al-Futtaim Group, Al Nabooda Automobiles LLC, Arabian Automobile Company, Souq Al Haraj and Al Tayer Motors. == Used vehicle retailer ==

Used car: Difference between revisions