Buying a new car has been difficult for some time. We are talking about a shortage of semiconductors, which significantly lengthens delivery times for manufacturers. They have to deal with many logistical and technical difficulties, also related to the ongoing war in Ukraine. Then many motorists return to used models. But then again, it’s not easy to find shoes that fit. On the contrary, it has been for several months.

💪 Strong growth of the market of used electrified vehicles: + 46% for the year!

In the second quarter, it is 1/3 of transactions.

➡️ Details on#IOElectric : https://t.co/b0bI0ymXjz#Electric mobility #Mobility #Electricity #Mobility pic.twitter.com/zcbsmt896y

— French Electricity Union (@ufelectricite) July 4, 2022

High prices

Indeed, due to the high demand, the rates were very high. As a result, supply falls and the few cars available are sold at inflated prices. And it really doesn’t seem to be getting any better. However, as research by La Centrale has shown, this trend is currently stagnating. During the first quarter of 2023 prices rose by only 0.4% compared to last year. But cars older than 15 years have become cheaper by 1.3%. Even worse for hybrids and electrics, which lost 4.8%.

New ways of shopping

However, it is not surprising that the latter are successful in the second-hand market, sales of which increased by 12.9% for the year. During the same period, the average price increased from 30,990 to 34,980 euros. However, motorists are willing to buy smaller cars to stay within their budget. They are also more attentive to the vehicle’s mileage and age. Only a quarter of French people associate buying a used car with pleasure. For most, it is primarily a necessity.