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Are you planning to buy a used car in Germany?
Slovenia📈 Economy5 hr. ago

Are you planning to buy a used car in Germany?

The average price of used cars in Germany continued to decline in June, falling by 1% compared to previous months, bringing the average price down to €27,229. This downward trend has been ongoing since the beginning of the year, with prices now being approximately €530 lower than in January. The decrease is most pronounced in smaller city and family cars, where prices dropped by 1.7%, while mid-range and higher-end vehicles saw a 1.2% drop. There has also been a notable increase in the supply of older cars, with a 6.6% rise in listings for vehicles aged between ten and twenty years. This increased availability provides more options for buyers with limited budgets. However, electric vehicles have seen a different trend, with their average price rising by 1% despite a 16.9% drop in demand. According to Stefan Schneck from AutoScout24, this is due to cheaper electric models selling quickly and leaving more expensive models with better equipment and larger batteries in the market. The future direction of car prices remains uncertain, influenced by global geopolitical factors and fuel price fluctuations.

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Dnevnik logoDnevnikIndependent🔒Center5 hr. ago
Are you planning to buy a used car in Germany?

The average price of used cars in Germany continued to decline in June, falling by 1% compared to previous months, bringing the average price down to €27,229. This downward trend has been ongoing since the beginning of the year, with prices now being approximately €530 lower than in January. The decrease is most pronounced in smaller city and family cars, where prices dropped by 1.7%, while mid-range and higher-end vehicles saw a 1.2% drop. There has also been a notable increase in the supply of older cars, with a 6.6% rise in listings for vehicles aged between ten and twenty years. This increased availability provides more options for buyers with limited budgets. However, electric vehicles have seen a different trend, with their average price rising by 1% despite a 16.9% drop in demand. According to Stefan Schneck from AutoScout24, this is due to cheaper electric models selling quickly and leaving more expensive models with better equipment and larger batteries in the market. The future direction of car prices remains uncertain, influenced by global geopolitical factors and fuel price fluctuations.

Bias read (Center): The article presents factual data on used car prices in Germany without taking a stance or showing bias toward any particular political ideology. It reports on economic trends and market behavior without framing them in a politically charged manner.

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