in used car market never been better than in recent months. Covid with its successive restrictions has already happened decrease in demand for new cars for used vehicles. A logical consequence closure of sales networks and stopping the supply of new cars. The pandemic has also affected french portfolio, many turned to the second-hand market. Despite government reminders to stimulate demand (conversion bonus, environmental bonuses, etc.). Another crisis favored the second-hand at the expense of the new: semiconductor crisis came mainly from China. China’s medical restrictions prevent the export of these precious chips needed for cars. They are used, in particular, for infotainment systems and driver interface, for audio systems and light animation… All this is disrupted assembly lines and delayed the delivery of new models.

A supply crunch that favors the second-hand market

This crisis has more to do with supply demand for new models continuesbut order books are filled slowly. Sometimes you have to wait 2 years to finally get your new car! The consequence of this new-build crisis was the second-hand market, where manufacturers and distributors took advantage of it to increase prices for the latest used models (less than two years). So the opportunities are booming and maybe you too are planning to take the plunge soon?

In this race for the rare gem, you have to be careful with your model selection. Because some lose their value much more over time what others The American company iSeeCars analyzed more than three million used cars sold in 2022, and calculated their average depreciation for five years. Some have it very well, as in Jeep Wrangler, Porsche 911, Ford Mustang Where Toyota Corolla in particular (the latter lost 19.9% ​​of its value over five years).

On the contrary, models have become cheaper the most in five years sedans of the upper segments. The consequence of the increase in the price of gasoline and the fall in the purchasing power of the French in general.

BMW 7 series: – 56.9% of its value in five years

Maserati Ghibli: – 56.3% of its value in five years

Jaguar XF: – 54% of its value in five years

Mercedes S-class: -51.9% of its value in five years

Audi A6: – 51.5% of its value in five years

Volvo S90: – 50.7% of its value in five years

These are, in fact, premium models located at the top of the range. Therefore, in 2022, these six models all lost more than half their value! This data is not permanent and may change over the years. If the crisis in energy, semiconductors and new cars in general improves, the wing may be reduced for this very specific niche of premium sedans.