used cars on the market are constantly increasing, their age does not change

used cars on the market are constantly increasing, their age does not change
used cars on the market are constantly increasing, their age does not change
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The autumn sales season for used cars is at its peak. Record sales are reported not only by the largest player in the Czech market, AURES Holdings, which operates the AAA Auto and Mototechna networks, but they are also shown by data on advertised cars on the entire Czech market. Seven percent of cars increased month-on-month (almost +8,000 cars to 108,000 units), the median price of a car also rose slightly to CZK 205,000 (+5,000 CZK), the average mileage decreased slightly to 155,481 km (-1,000 km). The average age of advertised used cars remains practically the same at 10.7 years. This results from an analysis of the entire secondary market, carried out by AAA Auto experts, the largest seller of used cars in the Czech Republic.

There was an even increase in petrol and diesel cars in the offer (6.7 and 7.5%, respectively), the increase is more pronounced in hybrids (16%) and electric cars (12%), but the initial figures are low for both types (1,277 hybrids, i.e. 1.2 percent of the market; 690 electric cars, i.e. 0.6% of the market). Cars on natural gas (0.4%) and, surprisingly, also on propane-butane LPG (1.7%) remain completely on the fringes of interest. “Gasoline-burning cars remain dominant in the secondary market, making up 52 percent of the offer, diesel engines then 44 percent. This basically correlates with data from our AAA AUTO network, where gasoline cars account for 57 percent of sales. Similar to the entire second-hand market in our car centers, sales of alternative fuel cars are growing rapidly, we have already sold six times more electric cars than last year.” says the COO of AURES Holdings Petr Vaneček.

10/2023

Median price

Speedometer median

Median age

Prague

268,000

130,965

8.3

Central Bohemia

199,999

156,447

11.1

Pilsen

200,000

150,000

10.1

South Moravian

180,000

174,000

12.1

Moravian-Silesian

179,999

161,000

11.7

Ústí

135,000

180,000

13.1

South Bohemian

149,900

172,000

13.1

Královéhradecky

169,000

172,500

12.5

Pardubice

175,000

166,900

12.4

Olomouc

185,000

171,261

12.3

Zlínský

185,000

169,000

11.6

Highlands

165,000

171,225

12.2

Liberecký

130,000

182,600

13.0

Karlovy Vary

169,961

172,000

12.3

The youngest cars are offered in Prague

Significantly the youngest cars appear in the offers in the capital – the median age of 8.3 years is five years lower than, for example, in the Liberec, Ústí and South Bohemian regions. Cars in the metropolis are also significantly more expensive – for example by half as much as in the Liberec region.

As for the most offered models, their order is the same not only in the month-to-month, but also in the year-to-year comparison. Škoda Octavia remains in first place (10,242 units), followed by Škoda Fabia (6,240 units) and Superb (3,392 units). This is a slight change compared to last year, in October 2022 the Volkswagen Golf was in the bronze position, this year it is fourth (3,161 units). In other places, the VW Passat, BMW 3 and Ford Focus are unchanged.

The article is in Czech

Czechia

Tags: cars market constantly increasing age change

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