For more than three years, the prices of new cars have been steadily increasing, in particular due to the shortage of semiconductors, as well as the increase in the cost of raw materials. Concerns that, of course, are reflected in the final price paid by customers. Not to mention the long delays, but that’s another story. Therefore, the average price is increasing year by year, and this is even more so with the growth of electric cars, which cost even more because of the batteries. The latter account for an average of 40% of the total cost of the car. Which is obviously huge.

💪 Strong growth of the market of used electrified vehicles: + 46% in one 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

Rising price

According to a recent site survey Coches.com, the price of new cars has risen sharply on the Spanish market. But this trend is the same everywhere in Europe, and especially in France. Thus, among our neighbors, surge 37% in just ten years. At the same time, the average salary increased by only 14% during the same period. As a result, motorists no longer have the funds to buy large cars. The majority can no longer afford to stop their choice on small models, only thermal ones. Electricity is still too expensive at the moment and is not expected to improve yet.

Only 12% of cars

According to the study, the average driver can no longer afford it less than 12% of new models to market without risking too much damage to your savings. SUVs are still growing strongly as they now account for 40% of the market share, up from 20.7% a decade ago. Fortunately, long-term lease deals allow customers to have access to slightly more expensive high-end cars. But the price of fuel sometimes blocks…

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