Used car prices in Germany have skyrocketed. This will affect the Polish market for stimulants, the main source of which is Germany.
The Poles will feel the rise in prices for used cars in Germany. This is because we mainly import cars from our western neighbors into our country. Although domestic dealers have other sources, most used cars come from Germany.
Average 19 percent up
Moto.pl writes about the rise in used car prices in Germany based on data presented in the annual Used Car Price Index (AGPI), developed by the German platform AutoScout24. According to them, stimulant prices have risen by as much as 19% year on year.
Prices have risen and the number of used cars has declined. Due to the crisis, the Germans are reluctant to exchange cars for new ones, which they do quite regularly, supplying Poland and the world with used cars. As we read, “The average price of a used car in Germany in 2022 was 27,497 euros, that is, almost 130,000 PLN. zloty. The 19% year-on-year increase is the average for the entire used car market, but this growth varies in individual segments.
Growth across all segments
The Used Car Price Index (AGPI) from the German platform AutoScout24 shows that the smallest cars have become more expensive by about 18 percent. compact class cars by 16 percent. middle-class cars by 17 percent. buses and minibuses by 19 percent. Relatively the smallest growth was in sports cars (5%) and luxury cars (more than 13%).
In terms of fuel, the most expensive vehicles were gas-powered vehicles (38%), used electric vehicles (30%), gasoline vehicles (20%), and diesel and hybrid vehicles (17%).
The older ones got better too.
Age: not necessarily the younger, the more expensive. Cars aged 1 to 3 years grew by 23 percent. On the other hand, cars 10-20 years old (they are imported into Poland) by as much as 31 percent. Yearly.
Although prices have risen sharply, demand has not decreased. Unfortunately, there is nothing to satisfy him. According to the data, small and city cars are represented on the market by 35 percent. less, and buses and minibuses - by 32 percent. less. The offer of compacts decreased by 30%.
Source: Wprost
