How is the used car market developing? AutoScout24 has just published its barometer for September 403,539 units, the number of registrations decreased by 3.9% compared to the same period last year. A trend that seems to be the opposite of what we’ve seen in recent months : increase in sales of “VO” in the country. Vincent Hankart, director of AutoScout24, wants to reassure, explaining that this drop is partly due to “ loss of one working day is less “. Therefore, sales of used cars are quite stable. But in detail, if we look at energy by energy figures, there are some surprises…
Electrified technologies are exploding
Electric (+57%), hybrid (+28%) and gas (+24%) engines experienced significant increases in registrations., which suggests that the conversion premium, the environmental premium and the ZFE policy introduced by the government encourage the French to switch to electrified technologies. Because for purely thermal engines, the trend is the opposite. Diesel remains the most popular used enginebut with a 6.03% drop in registrations, it falls below the symbolic bar of 50%. The same goes for gasoline: -6.77% in one year, which is 41% of total sales. Quite a drop, a sign that times are changing. But let’s not deceive ourselves: with more than 90% of used vehicle registrations, thermal cars are still favored by the French.
New challenges related to used electric vehicles
Anyway, this favorable momentum for electrified models risks seriously undermining the used car market In the coming years. You will no longer need to pay attention only to the odometer or the model year, for example, as it is now with gasoline or diesel cars. Other variables will be considered, including battery status which will become central when buying a used car. Like Germany, Will France create a national body to control the health of batteries? An initiative that will make this used electricity market more transparent and safer…
Read also:
Conversion bonus: what will change in 2023
Environmental bonus: what surprises does it have in store for you in 2023?
Buying a car: how does the environmental bonus work?
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.