💪 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
In recent months, buying a used car is not so easy. And for good reason, demand has become so high that prices have literally exploded, making used vehicles increasingly unaffordable for many. The success of these cars is still in question new models they are still heavily affected by semiconductor shortages and therefore very long delivery times. As a result, motorists prefer not to wait and choose a used car. To such an extent that the market tilted and there was not enough supply for everyone.
The Peugeot 3008 was the best-selling SUV in France. Its success was such that Peugeot found it difficult to keep up with the pace of production. Suffice it to say that the second-hand market is flooded with this model. We are exclusively interested in … https://t.co/RHk7c6N5GW
— AutoPlus (@AutoPlusMag) July 5, 2022
Return to normal
If 2022 ended on a rather disappointing note, with prices rising very strongly then, it looks like things will be a bit better in 2023. Indeed, the site auto business, which specializes in the automotive market, published quite optimistic figures. And this is even if the situation is still very fragile. In fact, we observe very little price drop in December, on average, about 7 euros. This, of course, is not much, but it is still quite encouraging news. But then why this small drop?
Decrease in demand
It is quite logical to explain that the demand has decreased a little. As a result, stocks are being replenished again, with over 500,000 vehicles under 7 years of age now available for sale. Very good news, although we haven’t seen it since February 2022. an increase of about 10%., while for the whole of last year the number of available cars was about 460,375 units. Let’s hope this trend continues!
The used car market in the United States is booming.
During the epidemic, many people want to have a cheap car to avoid public transport.
Even if that means reselling it when things get back to normal.
Price +9.5% https://t.co/hvzOjMusL8— Cedric Faiche (@cedricfaiche) November 12, 2020
Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.