2023-12-19 05:58:05
The online platform AutoScout24 looked at this year’s used car prices and found a significant price increase. In Europe the increase in 2023 was nine percent, in Austria it was five percent. In any case, it wasn’t due to a lack of supply; this increased by twelve percent across Europe. There is now also a large selection of electric cars. The most popular used vehicle was once once more the VW Golf.
Although the sales increase was significant, it has lost quite a bit of momentum. Across Europe there was a price increase of 21 percent last year. Used car prices rose the most this year in France (plus ten percent), while they rose even less in Belgium, Germany and Italy than in Austria, according to the Europe Report from Europe’s largest online car market.
For Nikolaus Menches, Country Manager of AutoScout24 in Austria, the fact that the price increase in Austria was below the EU average – even though inflation in Austria is one of the highest in the Union – is a sign of how well the used car market is doing in this country. “In addition, the vehicle supply in Austria has increased by more than five percent. After the dynamic price increases of previous years, one can speak of a normalization on the used car market in 2023,” says Menches.
On average, Luxembourgers paid the most for their used car (37,488 euros), while the Germans, on the other hand, dug a little deeper into their pockets than the Austrians (28,609 euros and 28,406 euros, respectively). What is striking: While the supply of electric cars increased by 143 percent compared to 2022, purchase inquiries in this segment fell by two percent.
1702968357
#cars #percent #expensive #Austria
