The average price of a car in Poland increased by almost 14 percent (on an annualized basis). According to Rzeczpospolita, in fact, things are even worse, because together with funding it is more than 30 percent. And it will be even harder.
An extensive article on car prices was published by Rzeczpospolita. As we read, on an annualized basis (August 2022 and August 2021 were taken into account), the average price of a new car was 153.6 thousand. zł and was by 13.9 percent. above.
And that’s not all, the newspaper calculated that taking into account the cost of financing a car (credit, leasing, long-term lease), the price increase is even higher. Now you have to pay 1/3 more than last year.
Rzeczpospolita refers to the results of the report “MotoBarometer 2022. Sentiment in the automotive industry in Europe”. And he concludes that in a year, cars can rise in price by another 20 percent. This will mean that the average price will overcome the mark of 180,000 zł. An annual survey of auto industry executives in 11 countries shows that Polish drivers will pay dearly for the events that devastated the European market.
Pandemic, war and crisis accelerated price growth
Rzeczpospolita quotes Jacek Opala, board member of Exact Systems: “We have been facing a rise in car prices for several years, but the pandemic and the war have accelerated it significantly. We also can’t forget other factors such as EU emission standards that manufacturers must comply with.”
The increase in prices in the article is also confirmed by Dariusz Balcerzyk from the Samara Institute for Automotive Market Research, who says that “in relation to the average sale price in August 2022, you had to spend 33 monthly salaries to buy a new car.” , two more than in January 2018.”
An even darker scenario
Data that is even more difficult for drivers to accept is provided by the Carsmile platform. “Given that during the year the three-month WIBOR increased from 0.24% to 7.15%, the cost of buying a car with financing (leasing, credit) increased by PLN 47.5 thousand. zlotys, and not 18.7 thousand zlotys, as follows from a comparison of catalog prices (calculations for a five-year loan without own contribution),” writes Rzeczpospolita.
Carsmile forecasts that price growth, including financing, will increase by 35% in the coming months. not 20%. as shown in the listing prices.
Source: Wprost
