The sale of vehicles under this mode maintains a central role in the purchase operations, with a sustained level within the sector despite the deceleration last month.
In August they registered 26,143 garments To finance the Purchase of 0km vehicles in Argentinaa number that marks a fall in 15.8% compared to Julywhen almost 18,000 had registered. At first glance, the loss of the garments also explains the decrease in the patents of the month, which retreated 13%.
However, when analyzing the participation of financing on the total operations, the fall is much more moderate. In July, the Sales with pledgee They represented the 49.4% of the marketwhile in August that percentage was located in 47.6%. That is, just a little more than a point and a half less, indicating that financing continues to sustain virtually half of the operations in the automotive market.
Cars financing 0km: Low in garments, but with stable weight in the market
In the accumulated of the first eight months of the year, the 48% of patents It was carried out with some financing instrument, a figure that greatly doubles that of the same period of 2024 (+104%).
The distribution of credits in August remained in line with the tendency of the year: 44% through savings plans, 41% through brand financial ones and the 13% remaining by banks.
In summary, although in terms of volume there was a decrease marked of garments, its participation in the total market remains firm, around 50%, which reflects that financing continues to be a key piece to support 0 km sales in Argentina.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
