Categories: News

The second-hand market is still doing well

After difficult months, the second-hand market continued to rise in August and posted good figures.

We cannot really say that the automotive market has been in top form, and has been since 2020. And for good reason, while it was on an upward slope, despite some small difficulties, the health crisis as well as the various confinements have due to his good health. And cause in particular, the closing of concessions as well as factories, which also caused a significant shortage of semiconductors. Three years later, it is still not resolved. As a result, delivery times for new cars are getting longer, forcing motorists to turn to the second-hand market.

A promising upturn

So much so that the demand was stronger than the supply, which generated a real shortage. This explains the fall in sales, since there were not enough cars. But things have improved and things are much better than a few months ago. According to data from the firm AAA Data, no less than 373,119 cars changed owners last month. A figure then up 2.5% compared to the same period last year. This is the 3rd month in a row that transactions have increased. However, over the first 8 months of the year, the drop was 2.4% all the same.

An overall increase

Looking at the figures, we realize that almost all manufacturers have experienced an increase, including Dacia, Toyota or Encore BMW and Suzuki. On the other hand, some fell slightly, such as Fiat, Opel or even Mini. Renault, Peugeot and Citroën remain in the lead, followed by Volkswagen, which still appeals to motorists. Let’s hope that this upward trend continues over the next few months, while the situation is still quite fragile for the moment.

Read also :
Used: models for sale now
Used Car: Which Model Should You Buy?
There Are Fewer And Fewer Used Cars For Sale

Share
Published by
Redaction

Recent Posts

This town in Île-de-France wants to reduce the speed of nearby highways

This town in Île-de-France wants to reduce the speed of nearby highways

The town of La Courneuve in Seine-Saint-Denis has called for a reduction in speed on…

27 mins ago

Electric cars: a lithium deposit discovered in Belgium?

A company has just got its hands on a lithium deposit in Belgium. But let's…

29 mins ago

Tesla Model 3: what is its real autonomy measured by our Lab?

Electric star, the Tesla Model 3 claims a range of 602 kilometers for the Long…

1 hour ago

Should we wait for the restyling of the Tesla Model Y?

Do you want to buy a Tesla but are hesitating between the restyled Model 3…

2 hours ago

Suzuki Swift: what are the most common problems?

Suzuki's small star city car, the Swift suffered in its previous generation from mechanical problems,…

4 hours ago

He gets his car stuck on the subway tracks for an incomprehensible reason

During the night from Saturday to Sunday, a motorist ended up on the rails at…

14 hours ago

Vintage: 300 old cars paraded in Nantes this weekend

On September 25, a parade of more than 300 vintage cars took place in Nantes.…

15 hours ago