Europe Used Car Market
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By the last week of may used car sales volumes across europe had recovered almost to 2019 levels.
Europe used car market. Find the vehicles you need in no time. When it comes to cross border trade there is a significant flow of second hand cars from eu15 to eu13 and 42 of all imported cars come from germany. Once correcting for differing income levels per country the average price of a second hand car was higher in the eu13 than in the eu15. Pre owned cars new additions only cars eligible for vat deduction only.
Autovista group senior data journalist neil king discusses the latest developments. For its fifth market watch report since the beginning of the pandemic indicata the business intelligence provider for online vehicle. Remarkable enough but our biggest surprise was the dramatic switch away from diesel says andy shields global business unit director at indicata. Power locks power windows parking assistant 4x4 abs air conditioning cruise control esp automatic air conditioning stop start system.
This is even higher than in the netherlands 4 2 which used to be the eu s leading country in terms of hybrid electric car sales for many years. Demand for used cars outstrips supply. Find your next used car on autoscout24. Toyota continues to dominate the market for.
Roof rack tow bar led xenon lights. Cars went up in particular in spain where the market share increased from 1 8 in 2015 to 4 5 in 2017. The market s healthy growth confirms a europe wide trend. In parts of western and northern europe leaseplan arval alphabet and ald introduced operational leasing of used cars through 2018 and early 2019.
The inevitable coronavirus induced decline in used car supply and sales in europe1 started in italy in early march. Europe s used car market grew by 10 3 in august year on year indicata reports. However a slowdown may be just around the corner. This study sheds light on the market size and.
Twelve of its 13 markets experienced growth the uk was the only exception. Search for used cars new cars motorcycles and trucks on europe s biggest online vehicle marketplace. European car sales outperformed the global market in 2019.
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