What are the best-selling used cars by Argentines

What are the best-selling used cars by Argentines

  • Ford Ecosport: It is one of the most used models in Argentina and can be found in the used market between $ 960,000 and $ 2.8 million depending on version and age.
  • Ford Fiesta: In models of the last decade, they are obtained in their different versions in between $ 680,000 and $ 2.1 million.
  • Volkswagen Gol Trend: Within its multiple versions, it is listed from $ 690,000 to $ 2 million.
  • Volkswagen Suran: Can be found in advertisements and dealerships between $ 803,000 and $ 2.2 million.
  • Peugeot 208: another of the vehicles most purchased by Argentines. The values ​​of the used ones since 2013, are paid between $ 1 million and $ 3.6 million.

From OLX Autos they explained that “in the used car business there is a constant variation in prices tied to the dollar and, in addition, the way in which the 0km car business fluctuates can also generate variations in the used market, so it is difficult to give exact values ​​”.

Finally, they reported that in Argentina the estimated time of owning a vehicle is almost 4 years and 80% of people who sell a used, buy another used.

In August, the sale of used records in Argentina reached 153,386 units, 0.54% less than in the same month of the previous year when 154,216 “second-hand” vehicles were registered, as announced by the Chamber of Automotive Commerce (CCA). When comparing the number of transfers made in August 2021 with that of the previous July, the month in which 148,253 units were sold, a 3.46% increase is observed.

At the same time, in the first eight months of the year 1,084,041 used cars were sold, a growth of 20.67% compared to the same period in 2020 when 898,378 units were sold.

“Month by month the market continues to surprise us. When we thought that August was ending down, it not only grew with July but also equaled the volume of August 2020,” said Alejandro Lamas, secretary of the Automotive Chamber of Commerce (CCA). “We are immersed in a totally distorted market. Despite this growth, the lack of used cars and spare parts is alarming. The market is fully in demand, taking the prices of used cars in many cases above 0KM”, explained the manager .

“That said, we must mention that the usual dynamics of the market moves according to the economic context in which they live, between 2 or 2.2 million people in Argentina every year buy a 0km car or a used one. Mostly the latter. But, Currently with the pandemic, macroeconomics, non-essential import restrictions, the market became totally unstable. The next few months are going to be complicated, more than we thought “Lamas concluded.

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