During April, some 19,079 vehicles were financed in Argentina, 65% of them were new vehicles and the remaining 35% were used transfersreported the Association of Automotive Dealers of the Argentine Republic (ACARA).
Overall, 28.4% more operations were registered last month than in March, but 5.0% fewer operations than in April 2023.
Used garments were the ones that fell the most (-21.6% y/y) taking into account the context in which transfers were reduced much less, 4.6% in the same comparison.
Garments over 0km, for their part, grew 7.2% y/y, while Patentings last month were 5.3% lower than those of the same month in 2023.
In the month of April, 12,385 items on 0km vehicles were registered, that is 25.6% more than last month and 7.2% above the record for April 2023.
So far this year, 0km garments have accumulated 41,900 registrations, 20% less than the 52,503 that had been registered last year in the same period.
What was used car financing like in April?
Regarding the financing of used vehicles, last month 6,694 items were registered, which It represents an increase of 33.4% compared to March and a fall of 21.6% compared to the 8,538 that had been registered in April 2023.
In the accumulated of the year, 23,500 used garments were registered, 30.4% less than in 2023.
Source: Ambito
