July 2022 Used Car Market Data Announced

July 2022 used car and light commercial vehicle market statistics were announced. The data released revealed that there was an unprecedented contraction in the market. However, despite this, there was no significant decrease in the price of second-hand cars.

used car market research company indicatapublished its data for the month of July. The published data revealed that there is a very serious contraction in the second-hand market. So much so that second-hand vehicle sales will increase in July 2022. 102 thousand 806 units was recorded as. This sales figure is 45 percent from June 2022, 29 percent from July 2021, and 41 percent from the average of July for the last 3 years. was low.

When we look at the data that accepts the ads that have been completely removed from the announcement as sold, it is seen that the vehicles that have been advertised only 36 percent We see it being sold. Passenger cars accounted for 81 percent of these, and light commercial vehicles for 19 percent. The number of second-hand vehicles announced last month 284 thousand 87 was recorded as.

Although sales decreased, prices did not change!

According to data from Indicata, the decline in sales did not cause sellers to lower prices. 71 thousand 950 ads The researchers who examined the product found that there was no significant price drop. So what were the features of the cars that changed hands in July 2022? Let’s look at the details in the report together.

The most diesel cars were sold in July!

Research shows that the most sought-after cars in the past month to diesel engine We see that they have. Because 62.2 percent of the vehicles sold last month, 63 thousand 934 of them, were diesel powered. Diesel cars followed with gasoline vehicles with a share of 34.6 percent, ie 35 thousand 590 units. 1,541 hybrid cars were sold In July, only 149 electric cars were sold.

Citizens prefer new cars

used car market

Indicata research has revealed that citizens are interested in new cars. Because 35.1% of second-hand automobile and light commercial vehicle sales, 0-4 years old consisted of models. In addition, 32 thousand 593 units last month C segment the car has been sold. This statistic reveals that the citizen continues to show interest in affordable vehicles due to low taxes. In addition to all these, most of the cars sold 71 thousand to 90 thousand kilometers Let’s say it’s in the range.


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