The Automotive Chamber of Commerce (CCA) reported that 136,230 used vehicles were sold in April, which represented an increase of 4.66% compared to the same month in 2023, when 130,167 units had been sold.
The market of used cars experienced a recovery in April that dealerships attribute to a “price rearrangement”, with drops in vehicle values.
The Chamber of Automotive Commerce (CCA) reported that in April 136,230 used vehicles were sold, which represented an increase of 4.66% compared to the same month in 2023, when 130,167 units had been sold.
If compared to March (105,969 vehicles), the growth reaches 28.56%. In the first four months of the year, 464,562 units were sold, which still represents a drop of 10.94% compared to the same period in 2023 (521,650 units).
In this period, the provinces that suffered the greatest decrease were Formosa with 30.56%, La Rioja (26.40%) and Jujuy (25.15%). Those that fell the least were Entre Ríos (6.93%) and Mendoza (5.98%).
The secretary of the chamber, Alejandro Lamas, indicated that “the sales numbers for April have shown a rrecovery of activity compared to the same month last year and a significant recovery compared to March of this year”.
“Surely the most important factor, along with the evident drop in the inflation rate, has to do with a downward adjustment of prices that indicate a new market reality,” Lamas said.
He said that this, together with a significant reduction in rates to be able to finance saless, they are surely factors, not unique, but very important to begin to generate a recovery in activity.”
“We hope that the May numbers reflect this incipient recovery that would lead us to moderate optimism thinking about the second half of the year,” he indicated.
Ranking 10 best-selling used cars in April
- VW Gol and Trend: 7,819
- Toyota Hilux: 5,110
- Chevrolet Corsa and Classic: 4,056
- Ford Ranger: 3,246
- Renault Clio: 3,117
- VW Amarok: 3,086
- Toyota Corolla: 2,917
- Ford Fiesta: 2,860
- Ford Focus: 2,586
- Fiat Palio: 2,578
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Used cars: January-April sales by province
- Formosa: -30.56%
- La Rioja: -26.40%
- Jujuy: 25.15%
- Missions: 23.40%
- Skip: 21.13%
- Chaco: 21.11%
- Santiago del Estero: 18.24%
- Santa Cruz: 18.18%
- Chubut: 17.79%
- Currents: 16.33%
- The Pampa: 15.53%
- Santa Fe: 15.21%
- Tierra del Fuego: 14.72%
- Tucumán: 13.84%
- Río Negro: 13.33%
- Catamarca: 12.88%
- Neuquén: 11.19%
- San Juan: 9.67%
- Córdoba: 9.66%
- Province of Bs.As.: 9.19%
- Saint Louis: 7.94%
- CABA: 7.25%
- Entre Ríos: 6.93%
- Mendoza: 5.98%
Source: Ambito
