Sale of used cars: the three most chosen models by Argentines

According to the information required by the Automotive Chamber of Commerce (CCA), This number was recorded confirming a growth of operations of 46.4% Regarding January 2024.

Within that framework, the Argentine automotive market had three main models of used vehicles as the main ones signed by consumers.

“According to the main data on consumer preferences and the evolution of the Argentine used car market, Peugeot, Toyota and Volkswagen are maintained as the favorite brands of Argentines: The 208 leads both searches and sales, and is located as the most desired car and the best -selling car, leaving in second place the ethios of the Japanese firm ”, They explained from Kavak In a recent report.

The data show a consolidation of trends and unprecedented growth in financing, where 1 in 3 cars sold by The platform dedicated to the sale of used models During this period, it was financed; Duplicating the levels of 2023. Of these operations, more than 60 percent of customers chose fixed rate, while the rest opted for grape rate.

These financed purchases are led by young people between 26 and 35 years, where a growing generational inclusion is reflected when talking about the acquisition of a car.

This semester, almost half of Kavak’s customers were women with 42 percent, which shows how access to their own car continues to diversify.

The majority of Argentines choose the hatchback, the manual gear is imposed although automatic sales grow; Black continues as the most chosen color as well as the previous semester.

The 10 keys to the semester in the sale of used cars

1- The 208 (Peugeot), the Etios (Toyota) and the Trend goal (Volkswagen) were the best selling of the semester.

The three models remain at the head of the preferences of the Argentines for the second consecutive year, without showing a difference with respect to the first semester of 2024. They are followed by the Chevrolet Onix, Ford Fiesta Kinetic Design, Fiat Cronos, Ford Ecosport, Chevrolet Cruze II, Ford Focus III, Toyota Corolla, Jeep Renegade, Ford Ka, Chevrolet Tracker, Volkswagen Polo, and Renault Sandero.

2- The Peugeot 208 and the Toyota Etios led the list of the most wanted cars on the web. They were followed by the Volkswagen Gol Trend, Toyota Corolla, Volkswagen Polo, Chevrolet Cruze II, Chevrolet Onix, Ford Ka, Ford Ecosport, Volkswagen Vento, Ford Fiesta Kinetic Design, Chevrolet Tracker, Jeep Renegade and Fiat Cronos.

3- Used sales lead the market: The sale of 0km It decreased significantly throughout the semester, presenting a 2.2 percent drop with respect to the second semester of 2023. Therefore, those used continue to be the most chosen option by Argentines, covering more than 80% of the market.

4- 65,000km and 6 years old average: Kavak sells to the public cars from 2010 onwards and with less than 150,000 km.

5- At the end of the semester, 1 in 3 cars were sold with financing and the young people were the ones who took the most: The new generations lead the financed purchasing ranking: 35% of people aged 26 to 35 finances their car. Meanwhile, people between 36 and 45 prefers to make swap by delivering their car in part of payment.

6- Almost half of the Argentines chose the hatchback: On average, 47 percent acquired that type of vehicle, while 25 percent chose a SUV, 21 a sedan and only 4 percent decided to acquire a pick up.

7- Peugeot also leads the hatchback segment With its 208 model. Among the best -selling minivan is the Volkswagen Suran; Among the Pick Up, the Ford Ranger. The Ford Ecosport leads the list of the most acquired SUVs, the Fiat Cronos, the sedan that most bought.

8- The black color as the protagonist: EL 42.3 percent of the cars sold by Kavak in the second semester of 2024 are black, leaving the target in a second place (29.5) and in a distant third place to the gray cars (16,1).

9- A large majority chooses manual box, but automatic sales grow: 62.6 to 37.4%. However, that number changed compared to last year, when the percentage was 70 to 30.

10- Integral review of 240 points: Each car in Kavak goes through an exhaustive review of 240 points. Depending on the state of the vehicle, the necessary interventions are carried out to guarantee its correct operation.