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A total of 114,493 used cars were imported into the Czech Republic this year, ie 21,490 less cars than last year, which represents a year-on-year decrease of
16 percent. The biggest drop in imports of used cars was recorded in the market in April, when the Czech Republic imported 53 percent of cars between the Czech Republic. It follows from Cebia’s analysis.
Karolna Topolov, CEO of Aures Holdings, has long pointed out the problem with deliveries of quality used cars. When the borders were closed in the first wave of the coronavirus epidemic, imports of used cars from abroad stopped completely.
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And when the number of used cars from abroad increased by three percent. According to used cars from abroad, they accounted for about half of the offer on the used sales market. In addition to cars imported this year, cars imported in recent years are also sold. The fifth offer (21 percent) is made by cars from Germany, respectively the one where the seller declares German origin.
According to Cebia, the average number of cars in the third quarter increased. According to those reporting for more than 10 years, mesiron increased by 2.2 percentage points to 53.6%, with an average average of 10.7 years. A year ago it was 10.3 years. Imports of older cars have an adverse effect on the rigidity of the Czech fleet, its long-term growth and in the category of passenger cars over the age of 15. The average of all used cars was 9.5 years so far this year.
In the third quarter, demand for used cars increased, which led to a reduction in the average sales period from 106 to 98 days compared to the first half of the year. In interim comparison, used cars sold by 15 days according to. Spring demand, which was dampened this year due to coronavirus, thus shifted to the summer months, when a number of people bought a car for a holiday trip, or people used the free days to collect a used car, Pajer added.
This is just one look at all of used second-hand used cars, ie those imported in previous years, reached 11.5 years. A remarkably young Czech brand is being sold, their average number was 7.1 years this year. These are often cars from company fleets and operating leases, which are currently in short supply on the market.
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According to Cebia, this trend should continue, because due to less sweat of new cars, which was produced this year, and less willingness of companies to now change cars to young, the number of young cars with Czech origin will go down. An example of this is the koda Plus program, which has been reducing the supply of cars by 20 percent since July, with a darkness of 7,000 cars, of which 5,500 are car code. Most of them are cars up to 4 years.
The first number of new and young cars led to their health as a result. In the third quarter, young used cars were often sold abroad, and due to the significant spring decline in the production of new cars in Europe, it can be expected that cars will continue to go abroad. This is due to the weak exchange rate of the koruna, which on the other hand means that the Czech market will be able to find cheaper second-hand goods, ie usually old, possibly repaired after an accident and damaged, says Cebia.
Used cars, and especially those again, are not on the market for several reasons, to Zbynk Janeek, owner of the Azisfin company, who has held two senior company positions in several Czech car brands. At the level of Europe, virtually all summer rental companies went bankrupt, which were bought by hundreds of cars, or they took them on short-term operating leases to twelve months and then returned them to the market. These cars, on which car manufacturers spend the most time, are not on the market.
According to Janek, the reason for this is the emission limits. Their significantly higher price of new cars. For example, the price of the PSA Peugeot 208 / Opel Corsa doubles today is the same as the two Peuget308 / Opel Astra pairs, the electric versions of the Peugeot 208 and Opel Corsa then stand as the Peugeot 508 or Opel Insignia. People logically prefer to buy a young used car, also because they do not want a new recombinant technology, which is often for user comfort, comments Janek for iDNES.cz.
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The average price of used cars therefore started to increase in the third quarter. While in the first half of the year, the mezzanine fell by seven percent
212,000 K, at the end of this quarter reached 228,600 K, which represents an increase of eight percent. Meziron then increased its average price by one percent. In addition to the healthy re-increase in prices, there have been unfair market practices that lead to a dampening of the added value of cars.
Compared to the first half of the year, the average number of kilometers traveled was
5,000 to 161,000 km, which due to the offer of new used cars may mean that the same tachometers are the same. People are not willing to pay more for cars with a one-kilometer drive, so tachometers are manipulated so that the cars are better sold at the required price, say Cebia. Diesel cars averaged 47,000 km more than petrol cars.
In exchange for the price of heating, the secret is often hidden. In just half of them, Cebia discovered 2,443 havens in cars from abroad and was damaged in a total value of 231 million crowns. According to used cars, which are said to be crashed, it was 0.7 percent on large advertising portals. In fact, according to Cebia, about 25 percent of ptiletch cars show a crash, and in the case of ten years of cars, about 60 percent of them are damaged after a crash.
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