2023-12-10 12:00:01
The second-hand market will be close to two million units sold at the end of the year, which represents an estimated growth of 2.5% compared to the end of 2022, according to the forecasts made by the consulting firm MSI for the Ganvam employers (official and independent distributors). ) and Faconauto (dealerships), according to Europa Press.
Between January and November, sales of second-hand passenger cars have increased by 2.9%, reaching 1.74 million units. Of particular note are operations from rental contracts that have already ended, which have increased by 34.4% until the penultimate month of the year, and those from rental companies, which have increased by 30.4% so far this year.
By age, one in four second-hand passenger cars (25.6%) sold until November were between zero and five years old, with 446,639 units registered, a progression of 6.5% compared to the eleven months of 2022.
Both employers’ associations have linked the increase in the sale of young used vehicles with the recovery of stock once the microchip crisis is over, while giving the example of the growth of renting and rent a car companies, which already “renew floats normally.
In addition, the sale of older used cars, between 10 and 15 years old, has decreased by 16.7% so far this year, with 316,437 units. However, employers have pointed out that 40.2% of the market is comprised of models over 15 years old, while the average age of the used vehicle sold in Spain is 11.2 years.
By type of fuel, more than half (55.5%) of the operations carried out until November corresponded to diesel, followed by gasoline, with 37.2% of sales. Regarding electric vehicles, 100% electric vehicles represent 0.6% of the total, while plug-in hybrids represent 0.8%, with an increase of 31.3%.
In Madrid, almost 300,000
The second-hand market in the Community of Madrid, after the end of November, registered a growth of 8.3% in the accumulated year, reaching 262,933 units sold, according to the consulting firm.
During the month of November itself, sales of second-hand passenger cars reached 30,126 units, which represented an increase of 32.7%.
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