How does the Strait of Hormuz blockade affect the used car market?

It impacts used car exports and brings uncertainty to the domestic buyback market.

What was the used car buyback market like in February 2026?

It reached record highs, especially for domestically manufactured 3-5 year old vehicles, which continued to show high value trends.

How is the future used car buyback market predicted?

While currently maintaining high levels, the future is uncertain due to the Strait of Hormuz situation, and there are concerns about a potential weakening.

Used Car Purchase Market Outlook Unclear Due to Strait of Hormuz Blockade / Used Car Purchase Price Trend Report (March 2026 Edition)

Published Mar 31, 2026 9:00 PM ・ Updated Jun 28, 2026 9:20 PM ・ 3 min read ・ Source: PR TIMES

Fabrica Communications Co., Ltd.'s "Kuruma Erabi Dot Com Kaitori" announced the March 2026 edition of its Used Car Purchase Price Trend Report. While February saw record high prices, the future market outlook is becoming uncertain due to the impact of the Strait of Hormuz blockade on exports.

Fabrica Communications Co., Ltd. (Head office: Naka-ku, Nagoya, Aichi Prefecture; Representative Director and CEO: Masato Taniguchi), a wholly-owned subsidiary of Fabrica Holdings Co., Ltd., is pleased to announce a report summarizing the trend of used car purchase prices in February and a forecast for used car purchase prices from March onwards, analyzed based on purchase price trends over the past 2-5 years, from its used car appraisal site "Kuruma Erabi Dot Com Kaitori" (https://www.kurumaerabi.com/kaitori/). [Highlights of this Report] ・February used car purchase prices recorded an all-time high ・High price trend continues, mainly for domestic cars 3-5 years old ・Concerns about the Strait of Hormuz blockade impacting used car exports and market prices ・Forecasts indicate a slight weakening in the immediate future, but prices continue to be at a high level

The March 2026 edition of the used car purchase price report and past reports can be found at the following URLs. ・March 2025 used car purchase price report: https://www.kurumaerabi.com/kaitori/marketprice/

・Past report archive: https://www.kurumaerabi.com/magazine/tag/125/

Impact of Strait of Hormuz Blockade on Used Car Exports *Calculated based on used car auction prices over the past 5 years and "Kuruma Erabi Dot Com" purchase prices.

In 2025, during the COVID-19 pandemic

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Source: PR TIMES
Category: Survey

Used Car Purchase Market Outlook Unclear Due to Strait of Hormuz Blockade / Used Car Purchase Price Trend Report (March 2026 Edition)

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