| Title |
A Study on the Architectural Status and Improvement of Korean Used Car Trade Facility |
| DOI |
https://doi.org/10.5659/JAIK_PD.2019.35.6.47 |
| Keywords |
Used-Car ; Used-Car Market ; Automobile ; Korea Used-Car Market ; Used-Car Facility |
| Abstract |
According to the Korea Ministry of Transportation report in 2015, domestic used car trade (3.66million) is twice the number of new car sales (1.84million). However, contrary to the quantitative growth of the used car trading volume, chaotic used-car market practice has not been improved and also, space that holds these markets (facilities) has remained at a very low level of quality. Lemon Market, asymmetry of information, false bait, tout, dual contracts, negative words that qualify the used car market information are still in place. The aim of this study was to understand the unique circumstances of the used car sales market distinguished from new cars, and to analyse the problems of recent domestic used car market facilities and afterwards to draw guidelines for new used car facility architecture. Through literature review, surveys, the characteristics of domestic used car market have been organised and field research and competitive analysis of the Korea used car market architecture is followed. As a result, empirical guideline for Korea used-car market facility is introduced. |