NewsWorldUsed cars disappear from the market like warm corners....

Used cars disappear from the market like warm corners. At the same time, they became more expensive by hundreds of euros a year – PRAVDA.sk

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In the last month, almost 32,500 used vehicles have disappeared from advertising servers in Central Europe.


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09/09/2021 10:25

Dealers of used vehicles have not remembered such a summer season for a long time. Slovaks have a great desire to change their fleet and the situation is similar throughout Central Europe.

In the last month, almost 32,500 used vehicles have disappeared from advertising servers in Central Europe. Compared to August last year, the supply has decreased by almost 62,500 cars.

Read more Used cars became more expensive by ten percent in the first half of the year

Strong demand and ever-increasing pressures to reduce emissions are, of course, driving up car prices. The average value of the price in Slovakia has thus increased by 400 euros in the last year. This follows from an analysis of the used car market carried out regularly by AURES Holdings, the operator of the AAA AUTO car center network and the Mototechna brand.

There is interest in tickets

“The biggest drop in the offer of advertised vehicles is visible in Hungary, where the offer in August in the predecessor year 2019 was at the level of 70,000 used cars and today there are less than 49,000, which is almost a 30 percent decrease. In Poland, the decline in supply is 25 percent, in Slovakia, the supply of advertised cars decreased by 17.5 percent. The Czech Republic is at its best. The drop in supply in August this year compared to 2019 is about 15 percent and there are about 90,000 used vehicles available, “said Karolína Topolová, CEO and Chairman of the Board of AURES Holdings, the operator of the AAA AUTO car center network.

According to her, they have not remembered such a summer season for a long time. “It can be seen that customers want to change their car fleet and may also be worried about the upcoming electric future,” added Topolová.

As ticket prices rose

The average value of the price increased year-on-year in all Visegrad Four countries. The largest price increase is visible in Hungary, where the average value of the price increased by 905 euros.

It is followed by the Czech Republic with an increase of 888 euros and Slovakia with an increase of 400 euros. The smallest difference is in Poland, where it is only 35 euros, but the cars are older and more used than in other countries.

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