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We usually don't buy new cars in Europe. Most private cars are second hand.
by emteycz 6y ago
We usually don't buy new cars in Europe. Most private cars are second hand.
- mrtksn 6y agoWhere the second hand cars come from?
- emteycz 6y agoCars previously used by businesses sold by leasing providers after 2-3 years of usage, mostly. Many of these are sold by Volkswagen Financial Services and include factory warranty. It's an easy way to get a car as good as new 30-50% cheaper.
- speedgoose 6y agoRental cars, company cars, old people cars.
- dewey 6y agoDo you have a source for that? That's the first time I've heard about that and with leasing being so popular I don't really see this being true. Especially when observing people around me (Austria, Germany).
- MrBuddyCasino 6y agoThose are company cars. Privately purchased cars are indeed bought used, overwhelmingly so.
- badestrand 6y agoIn Germany only ~33% of new cars are bought privately, the rest from companies. Source https://de.statista.com/statistik/daten/studie/36714/umfrage/marktanteile-im-gebrauchtwagengeschaeft-in-deutschland/ https://de.statista.com/statistik/daten/studie/36714/umfrage...
- dewey 6y agoThanks, I ended up on this page too in my research but I don't have a subscription to see the actual data.
- guerby 6y agohttps://www.auto-infos.fr/Bilan-2019-le-marche-VO-etablit-un,13308 https://www.auto-infos.fr/Bilan-2019-le-marche-VO-etablit-un... In France in 2019 2.61 used cars were sold for each new car.
- AnssiH 6y agoIn Finland in 2019, 625000 used cars were sold vs. 114200 new car registrations. I believe these include both private and company cars, though. This would be 85% used cars, 15% new cars. The average age of a bought used car was 13.3 years. https://www.kauppalehti.fi/uutiset/uutta-dataa-kaytetyn-auton-kauppa-on-vilkasta-suomessa-keskimaarainen-myynti-ika-ja-yksityiskauppojen-maara-saattavat-yllattaa/91f1e90e-7cd2-4926-b697-504d015e6c3e https://www.kauppalehti.fi/uutiset/uutta-dataa-kaytetyn-auto...