Get Active in Our Amazing Community of Over 458,000 Peers!

Schedule mock interviews on the Meeting Board, join the latest community discussions in our Consulting Q&A and find like-minded Case Partners to connect and practice with!

Market Sizing for Cars

automotive cars
New answer on Jul 02, 2019
1 Answer
1.8 k Views
Anonymous asked on Jul 02, 2019

How would you estimate the number of cars in a city, not counting domestically owned cars?

Overview of answers

Upvotes
  • Upvotes
  • Date ascending
  • Date descending
Best answer
Vlad
Expert
updated an answer on Jul 02, 2019
McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

Depending on how well you know the city you can:

  1. Split the city area into avg blocks
  2. Segment blocks into highly / med / low traffic and make the assumptions about the # of cars per block (You can take peak hours)
  3. Assume certain % of cars that are still in the garage during peak hours

Alternatively, you can try to estimate the garage and parking space

Best

(edited)

Was this answer helpful?
Anonymous on Jul 02, 2019

Hi Vlad, thank you for your reply. I think my question was seeking to estimate the number of cars not owned for personal use, which might include company cars, cars owned by taxi companies, etc

Vlad gave the best answer

Vlad

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School
429
Meetings
12,297
Q&A Upvotes
127
Awards
4.9
186 Reviews
How likely are you to recommend us to a friend or fellow student?
0 = Not likely
10 = Very likely
You are a true consultant! Thank you for consulting us on how to make PrepLounge even better!
^