NZTA Figures show that 2017 was a record year for the second-hand car market, with businesses lodging 1.14 million used car transactions over the year.
This was up 1.79 per cent from 2016, and marks a continual upward trend from 2011.
The overseas segment was the biggest contributor to this increase, with 165,000 transactions - a 10 per cent lift from last year.
The second biggest growth segment was 'dealer to dealer', which rose by 2.72 per cent from the previous year.