The automotive market in Bangladesh is showing encouraging signs of recovery in 2025, following difficulties in 2024 due to political unrest. As reported by BARVIDA (Bangladesh Reconditioned Vehicles Importers and Dealers Association), the previous year recorded the lowest vehicle sales in a decade, due to elevated import expenses, a foreign currency crisis, inflation, and a decline in consumer purchasing capacity. This year, Bikroy is already observing the dynamics of supply and demand within the market. Below are some important highlights regarding the current car market in Bangladesh.
Rising Demand for Personal Use and Digital Convenience
One of the reasons why used cars are in high demand is personal use. People are tired of city traffic, public transport hassles, and health risks. They are turning to their own cars. Bikroy’s online marketplace has made buying and selling even easier, transparent, and secure. For many, the high price of new cars is a barrier; in that case, used and reconditioned cars have become a popular solution.
Mid-Range (BDT 20-30 Lakh) Cars Dominate Ad Landscape
According to Bikroy data, most of the ads are for cars in the BDT 20-30 lakh range, which is 26% of total ads. Then comes the BDT 30-40 lakh (25%) and BDT 40 lakh+ (24%) range cars. In fifth place on this list are ads for cars priced between BDT 10-20 lakh, accounting for 17% of the total. Next in line are ads for cars priced between BDT 5-10 lakh (6%). On the other hand, ads for cars under BDT 5 lakh are just 2%. From this, it can be seen that the middle class and upper-middle class buyers are the main driving force of this market.
Toyota Is The Market Leader
Used car brand-wise, Toyota is way ahead. 86% of all ads are from the Toyota brand. Honda is second with 5%, then other brands combined (4%), Nissan (3%), Mitsubishi (1%), and Hyundai (1%). This proves that Bangladeshi buyers have the most trust in the Toyota brand.
Reconditioned Car Market Is Leading The Way
Condition-wise, it can be seen that 59% of the ads are for reconditioned cars, 40% for used cars, and only 1% for new cars. So, the new car market is still limited, and buyers are more inclined towards good-condition cars at a lower price.
Used Car Buying & Selling: Dhaka and Khulna on Top
Location-wise analysis shows that most of the ads are from Dhaka (62%), then Khulna (22%), and Chattogram (12%) are in second and third place, respectively. Other divisions like Rangpur, Sylhet, and other areas together have only 4% of the ads. This indicates that the used car market of the country is centered around Dhaka and Khulna.
Saloon or Sedan Car Is The Most Popular
Car type analysis shows that saloon or sedan is the most popular (36%). Then comes SUV (20%), MPV (19%), others (18%), and lastly Hatchback (7%). This is clear that for personal and family needs, saloon or sedan is still the most preferred car type.
Leading the Industry: Top 10 Toyota Car Models
On Bikroy, the top 10 car models with the most ads are all from Toyota, which include Axio, Noah, Corolla Cross, Esquire, Premio, Corolla, Fielder, Hiace, Allion, and Prius. From this list, it is clear that Toyota is on top not only as a brand but also for car models in the market.
High Demand for Leading Models from Popular Brands
Besides Toyota, there are other popular brands with demand for their models. For example, Nissan X-Trail, Honda CR-V, Lexus RX, Mitsubishi Pajero, BMW X5, Hyundai H1, Mazda Axela, Kia Sportage, and Suzuki Alto. These models are available in various price ranges, so buyers can choose according to their needs and budget.
Conclusion
In 2025, the used car market is no longer an option; it is a stable and fast-growing sector. It is expected that this market will expand further, driven by a combination of consumer demand, budget-ability, brand trust, and digital accessibility. Online marketplaces like Bikroy are further accelerating this growth.
