Turn used car prices throughout Europe – VW Golf particularly popular

Inflation on four wheels

Turn used car prices throughout Europe – a car is particularly popular

Turn used car prices throughout Europe - VW Golf particularly popular-prices
Audi Used car at an Audi dealer

  • Site author Patrick Solberg

Delay in new cars, high attractiveness of the car in Corona times, last chance of a good petrol or diesel: for the used car market, the signs are still on price growth for a long time. Because there is another reason for the high prices.

Anyone who was able to get a fairly defeated or even cheap used car. Because since the beginning of 2021, prices for young and old metal have increased almost across segment and brands to unimagined heights. Especially in countries like Germany or Austria, the used cars were more expensive than ever from month to month.

Used cars of up to 30 percent more expensive

With particularly popular models, the numbers on the price boards even increased by 20 to 30 percent – while the offer was thinner at the same time than ever. The only advantage: after all, the used cars have no endless delivery times. In the meantime, quite a few customers now have to wait more than a year for the ordered new vehicle. AutoScout24, one of the largest online exchanges in Europe, recorded a price increase of eight percent across Europe in the past year. At the same time, the offer was reduced by eleven percent. Even if the new cars in sales statistics are now going downhill, The VW Golf remained the most popular used car in Europe again in 2021. This was also noticeable on the used car market, because prices climbed by 21 percent compared to the previous year in 2021.

Turn used car prices throughout Europe - VW Golf particularly popular-golf
Daimler AG Used cars are becoming increasingly expensive – German premium brands in particular are in demand

Prices upwards – offer down

"A look at the European markets shows a picture similar to that on Germany: prices rise in the double -digit percentage range, while the offer is falling throughout Europe," says Dr. Michael Luhnen, head of sales at Autoscout24, “Due to the pandemic, consumers prefer to increase the car across Europe compared to local public transport. The increasing demand meets a reduced offer, because there are currently many factories as a result of the half -conductor lack. If you actually wanted to buy a new car, you are increasingly switching to used ones."

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Turn used car prices throughout Europe - VW Golf particularly popular-prices

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The numbers look similar in the second large autoportal mobile.de out. So the car buyers had to spend almost a quarter more than in the same month for a vehicle last year. In December, retailers called on average on Germany’s largest vehicle market 29.910 euros for their models. The highest price increase compared to the previous month falls on small cars (plus 3.9 percent).

On average almost 30.000 euro record

But the general price trend is also evident in models of the small car, compact and mid-range: in the three segments, prices rose by more than 25 percent. "We can attribute the ongoing price upward trend to the still tense location in the new car market," says Martin Frader, Head of Sales at Mobile, "however, we also see that the mileage across all segments have been declining since July 2021. In addition, the average age has decreased by 5.6 percent in the year. And less driven kilometers and a younger age are probably also noticeable in higher prices."

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Turn used car prices throughout Europe - VW Golf particularly popular-golf

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Even if the average prices for used people were going uphill across Europe, there were significant differences in the individual markets. Consumers in France in 2021 paid just two percent more than a year ago, while Austrian consumers had to put 13 percent more. Nevertheless, the alpine retailers get away more cheaply than the French, since the price level in France was already very high in 2020. A used car in Austria in the online exchanges of Autoscout24 in 2021 cost 22.949 euros, while in France 24.167 euros were called

In Italy it is cheaper

A used car is more expensive in Luxembourg alone, where the average price with over 28.000 euros was highest across Europe. Not surprisingly in the face of the vehicle market: Nowhere is the average price of a used car cheaper than in Italy. Even if the prices rose by seven percent, the value here was just 17.816 euros. The vehicles are hardly more expensive in the Netherlands and Belgium, where the values are still under 20 despite growing.000 euros were.

Turn used car prices throughout Europe - VW Golf particularly popular-prices
The little Italian has numerous weaknesses Photo: Fiat Used car check: Fiat 500 – What lover

No matter which country you are traveling, the German car brands are the most popular on the international used car market:

  • Volkswagen placed one place, followed by Mercedes in second place before BMW in third place and Audi in fourth place.
  • After the bestseller VW Golf, the Audi A4 took second place in front of its little brother Audi A3.
  • The VW Polo in fourth place is with an average price of 14.082 euros the cheapest vehicle among the most popular; With a plus of only one percent, it keeps its price almost stable.
  • Larger notes have to bring fans of the Audi A6, who asserts itself in 5th place in the ranking: the sedan is currently 28 in Europe for 28.Traded 112 euros, that is 6 percent more than in the previous year.

Electric car used market comes into driving

Slowly electric cars in Europe are becoming increasingly popular as used ones. So the purchase inquiries for Stromer are not only at mobile.de or autoscout24 increased in the year. For example, if you compare November 2021 in November 2020, you will find an average increase in inquiries of almost 150 percent. According to a car scout survey, 35 percent of car buyers consider buying an electric model. Somewhat surprisingly, the models are not the most popular models, which should be due to the high prices. Despite its disastrous performance at the last euro NCAP crash test, the Renault Zoe is probably because of its average price of 16.400 euros the most popular electric car. Because the Tesla Model 3 has an average price of 49.000 euros and the older model S almost 52.000 euros.

Checklist for used car purchase: these are the most important tips

Turn used car prices throughout Europe - VW Golf particularly popular-turn

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