Home » Business » Cars, used car boom (+ 13% in sales). The buying guide: what to check

Cars, used car boom (+ 13% in sales). The buying guide: what to check


The introduction

There is no longer a car for everyone, not even those of Volkswagen which, in German literally means “the people’s car”. The prices of the post-pandemic have increased significantly (compared to 10 years ago, on average by about 6 thousand euros) and the reasons given are different, there are those who charge this growth to the cost of materials, of energy, to the lack of semiconductors or, More concretely, the cause lies in the ongoing restructuring of the entire automotive sector. Last year, at least 10 million fewer cars were produced in the world, the consumer was faced with a scarce supply that automatically caused prices to rise and consumption to decrease. Furthermore, he has to choose between traditional fuels – petrol or diesel – destined to be penalized by the rules of pollution or switch to electric which exceeds the value of thermal engines by at least 50%. A transition that led to a collapse of the European market which in 2021 lost about 26% of registrations and led to a growth in the second-hand market.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.