TOKYO – Japan’s used car market hit a record high in 2025, surging 54.8 percent from five years earlier to 5.32 trillion yen ($34 billion), as consumer resistance to secondhand goods waned and rising raw material costs pushed up prices for new vehicles, according to a recent survey by an automobile think tank.<\/p>\n
The average price of a used vehicle purchased during the previous year also hit a record high of 1.75 million yen, up 397,000 yen from 2020, the research institute affiliated with staffing service group Recruit Holdings Co. found.<\/p>\n
The average price of a new vehicle stood at 3.50 million yen.<\/p>\n
“There are more people opting for pre-owned vehicles that are relatively new due to the increasingly widespread use of flea market apps,” said the institute’s Yoshiko Yokota.<\/p>\n
Nearly 40 percent of automobiles purchased in the past year were used cars, according to the survey.<\/p>\n
Prices of secondhand vehicles were being pushed up by strong demand for SUVs and hybrid vehicles, with SUVs costing an average 2.92 million yen, up 25.6 percent from 2020.<\/p>\n
“The size of the market will likely continue to expand,” she said, adding there was a growing popularity for cheaper and older minivehicles amid prolonged inflation.<\/p>\n
A total of 10,268 people across Japan were surveyed in August 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"TOKYO – Japan’s used car market hit a record high in 2025, surging 54.8 percent from five years…\n","protected":false},"author":2,"featured_media":9648,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8],"class_list":{"0":"post-17936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-japan","8":"tag-japan"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/17936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=17936"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/17936\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/9648"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=17936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=17936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=17936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}