New cars have become a scarce commodity in Germany, the automotive state. Manufacturers allow the few available models to be paid for at top prices.
In the German car market, new cars are currently more expensive than ever. This is the conclusion of the regular market study by the Duisburg Center Automotive Research (CAR), which was presented on Thursday.
According to the head of the study, Ferdinand Dudenhöffer, the tendency towards scarce supply and lower discounts will continue in the first few months of the new year. The reason for this is, in particular, supply problems with semiconductor components. The state innovation bonus for electric vehicles obscures the trend towards higher prices somewhat.
Discounts at lows
According to the study, almost all indicators pointed to rising consumer prices for new cars in December as well. Specifically, the discounts offered on the Internet for the 30 most popular, freely configurable new vehicles have been reduced to an average of 16.7 percent of the list price. The highest discounts of just under 25 percent were on various models from Ford and Renault as well as on the Fiat 500.
Manufacturers and dealers also allowed fewer vehicles for their own account in order to later bring them to the market as special offers. The share of self-registrations fell again in November by 1.4 points to 22.5 percent, as CAR reported.
The manufacturers are apparently increasingly relying on subscription models, which have become a bit cheaper on average. The number of offers rose by 14 to 314. Customers of this relatively new form of leasing, including maintenance and insurance, had to wait between 8 (Stromer) and almost 16 weeks (plug-in hybrids) for their cars.
Source From: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
