Car sales with financing are the highest since 2018

Financed sales of cars 0km, in January, arrived at 32.45 units and are the highest since 2018, according to the association that groups the car dealers (Acara)

“The first month of the year began with very high numbers of associated patents and garments. In fact, they are the highest since 2018. This very good performance was also given in a scenario of greater normality with respect to demand. For example, in this first month of 2025, the garments associated with savings plans represented 45% of the total, while on the convulsed stage of January 2024, this instrument had represented almost 70% of the garments issued that month ”, says the entity’s report

“In terms of used financing, as expected, the figures are more stable. This month 8.2% more vehicles were financed than last December although the growth with respect to the atypical January 2024 is notorious (+141%). The 32,457 garments registered in January to finance 0km vehicles represent almost 47% of the total operations of the month and that represents a rise of more than 200% compared to 10,813 garments that had registered in January 2024 ”, explained Acara.

The entity stressed that the first quarter of last year was a complex period for the automotive business. Uncertainty for the change of government and post -devaluation price rearrangement resulted in four months of very low activity.

Even so, the January 2025 registration is the highest in the last 8 years for credit sales. You have to go back to January 2018 to find a greater record.

The registered garments to finance used in January 2025 also mark a maximum and in this historical case. However, it is a more stable market, so that the 14,555 registrations of garments are in line with what had happened during the last months of 2024.

These data go in line with the market recovery reported by the manufacturers of grouped vehicles in ADEFA.

With only 15 business days of activity, vehicle production was 30,058 units in January, 20.9% less than the volume of the previous December, but 32.7% above the same month of 2024, while the terminals highlighted the tax reduction applied by the government.

In January, the automotive terminals exported 11,132 vehicles, that is, 58.3% less compared to December and fell 27.3% in relation to January performance last year.

The sector commercialized 34,089 units in January, 31.1 % less than December and 113.8 % higher compared to the same month of 2024.

“Even with the usual seasonality due to plant stops per vacation, added to the fact that some members are adapting their facilities based on the investment ads they made for the incorporation of new products, January has shown a growth of 32.7% with respect to last year which allows to provide a behavior aligned to the growth projections planned for 2025, “said Martín Zuppi, president of the Association of Automotive Factories (ADEFA).

In relation to the export volumes of the month, he stressed the incidence of problems associated with logistics, particularly the availability of ships and also affected the significant increase in demand in the domestic market for local production products of the order of 100 percent.