After the months marked by the impact of the lockdown, the used car market in Italy is back, with ups and downs, with a positive sign. According to ACI data, in the second half of 2020 the transfer of ownership of used cars grew by + 3.4% (1,577,873 deeds) compared to the same period last year.
A fact that made it possible to limit the damage a complicated year, closed at -4.5%. The curiosity for the next few months to which the survey by AutoScout24, the leading portal in Europe for car and motorcycle ads, tried to answer. A certain optimism emerged: 14% of the interviewed sample, in fact, is considering the purchase of a new car and 36% used. The latter percentage could rise to 48% if only there were adequate incentives for second-hand cars as well.
The incentives, so far limited only to new cars, could favor the renewal of the fleet even with a good used car: according to data from the AutoScout24 Observatory, those looking for a used car currently drive a car that is on average about ten years old (in 22% of cases, exceeds i 15) and would replace it with a five-year one (for 46% of the sample, three years or less). These are new generation models that would remove more obsolete and polluting cars from the market. In Italy, in fact, the car fleet in circulation consists of 66% of cars with a power class of Euro 4 or lower (almost 34,372,600) and with an age that in 60% of cases is 10 or more years.
According to the analysis of the AutoScout24 Observatory, diesel continues to be the preferred fuel: more than half (52%) of those who intend to buy a used car in 2021 opt for this fuel. In second place we find petrol cars (41%), while hybrid and electric cars do not exceed 6%. Even in the latter case, 42% of those who want to buy a traditional car could change their minds and switch to a hybrid and electric if there were incentives for the purchase of used cars. What is the spending budget? On average 15,600 euros, but with generational differences. The newly licensed, to which parents often contribute, have a budget of € 12,900, while the 35-44 year olds of € 16,100.
That the diesel is not dead and the new power supplies are far from the boom, another evaluation proves it. According to AutoScout24 internal data, as much as 55% of the overall requests (therefore not only of those who intend to buy a used one) concern diesel cars. Petrol cars follow with 38%, while hybrid and electric cars represent only 2% of the total. Among the most popular models, the Volkswagen Golf wins outright, while among the hybrids and electric cars the primacy goes respectively to Toyota Yaris and Tesla Model S. Finally, good news for those who deal with used cars: market reached 14,400 euros in the second half of 2020 (+ 5% on 2019) and rises further if we consider electric (25,300 euros) or hybrid (27,720 euros).
January 29, 2021 (change January 29, 2021 | 15:03)
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