New Zealand used car market to reach USD 420.12 million by 2031

  • ResearchAndMarkets.com added a New Zealand used-car market study to its offering.
  • USD 420.12 million is the market forecast for 2031, up from USD 306.85 million in 2025.
  • SUVs led 2025 market share, while organized dealerships and electrified vehicles are forecast to expand fastest.

New Zealand’s used car market is projected to grow from USD 306.85 million in 2025 to USD 323.37 million in 2026 and USD 420.12 million by 2031, representing a 5.38% compound annual growth rate from 2026 to 2031. ResearchAndMarkets.com identifies affordable transportation demand, imported vehicle supply, low-emission models and digital retail as key growth drivers. SUVs held 45.12% of the market in 2025, while unorganized sellers accounted for 57.63% of turnover and petrol vehicles represented 63.45%. Organized dealerships are forecast to expand at 6.42% annually through 2031, while hybrid and electric vehicles are expected to grow at 13.78%. The report also highlights emissions compliance, Japanese imports, vehicle-history transparency, charging infrastructure, financing, online-to-offline retail and proposed fleet-age measures as factors shaping the sector.

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New Zealand used car market to reach USD 420.12 million by 2031 - CoinPost Terminal