Press Releases
Used car prices declined in 2024 with dealers expecting more decreases in 2025, further boosting affordability
Warszawa, 15 stycznia 2025
Warszawa, 15 stycznia 2025 – The AUTO1 Group Price Index, the European Used Car Price Report, shows that used car prices decreased by 3.3% in 2024, from an index value of 142.0 in January to 137.3 in December.
Month-over-month, used car prices remained stable in December 2024, with the index moving slightly from 137.2 in November to 137.3 in December (+0.07%). Year-over-year, used car prices dropped by 6.5% from December 2023 to December 2024. Despite these declines, used car prices remain 17.1% higher than before the COVID-pandemic, as measured in December 2019 when the index was 117.3. The starting point of the AUTO1 Group Price Index is January 2015 with a reference value of 100.
Growing optimism amongst used car dealers as price levels boost affordability
According to the results of a recent AUTO1.com survey among European partner dealers1, only a minority (11.0%) of used car dealers state that the current prices impact their business in a very negative way, that is 27 percentage points less compared to a year ago. 30.7% of dealers perceive the current price levels as very positive for their business compared to 7.6% a year ago, which is 23.1 percentage points more. This improved positive sentiment is led by France, where most responding dealers (39.0%) declare a positive impact of used car prices, followed by Spain (35.0%) and Poland (34.5%). In line with last year's results (54.4% of respondents), the majority (58.3%) of dealers in the latest AUTO1.com survey state that current price levels are neutral for their business and do not impact them.
"During last year’s survey2, used car dealers across Europe predicted a decline in used car prices for 2024,” says Moritz Lück, SVP Sales & Operations of AUTO1 Group. Reflecting on the current positive sentiment around price levels he continues: “We expected that lower prices would enhance affordability, ultimately driving more used car transactions in the market. The fact that nearly 90% of our European partner dealers report that current price levels either have no impact or positively contribute to their business underscores the importance of affordability in the used car market.”
Used car dealers expect continued price decreases in 2025
More than a third (34.6%) of the survey participants think that used car prices will remain stable in 2025 (compared to 25.9% the year before) and over 21% of dealers think that prices will increase this year (compared to 13% last year). Almost half of European used car dealers (44.0%) anticipate that used car prices will decrease in 2025, that is 12.9 percentage points less compared to last year.
"We share our partners' optimism and remain deeply committed to their success. Our teams are more motivated than ever to develop innovative solutions that empower our partner dealers to buy and sell cars with even greater efficiency and ease in the year ahead," says Moritz Lück, SVP Sales & Operations of AUTO1 Group.
1 AUTO1.com ran an online survey in December 2024 on its platform with a total audience of more than 7,200 European partner dealers participating in the survey in its main markets (DE, IT, FR, ES, BE, NL, PL & SE).
2 AUTO1 Group Press Release, 12 January 2024: “AUTO1.com survey: Used car dealers are expecting prices to decline in 2024, making used cars more affordable”: https://www.auto1-group.com/pl/press/pressrelease/auto1-group-price-index-december-2023/
O Grupie AUTO1
Założona w 2012 roku Grupa AUTO1 jest wielobrandową firmą technologiczną, która buduje najlepszy sposób kupna i sprzedaży samochodów. Jej lokalne europejskie marki konsumenckie, takie jak wirkaufendeinauto.de, oferują konsumentom najszybszy i najłatwiejszy sposób sprzedaży ich samochodu. AUTO1.com jest największą w Europie platformą hurtową dla profesjonalistów zajmujących się handlem samochodami. Wraz z marką detaliczną Autohero, Grupa AUTO1 wykorzystuje swoją technologię, skalę i doskonałość operacyjną w celu stworzenia najlepszych doświadczeń konsumenckich przy zakupie samochodu online. Grupa AUTO1 działa w ponad 30 krajach i osiągnęła przychody w wysokości 6,5 mld EUR w 2022 roku. Po udanym IPO w lutym 2021 roku, akcje grupy są notowane na rynku regulowanym (Prime Standard) Giełdy Papierów Wartościowych we Frankfurcie pod symbolem handlowym AG1 i ISIN DE000A2LQ884.
Więcej informacji można znaleźć na stronie:www.auto1-group.com
O Indeksie grupy AUTO1 - Raporcie Cenowym Europejskich Samochodów Używanych
Indeks Grupy AUTO1 pokazuje miesięczną ewolucję cen samochodów używanych w całej Europie. Analizując bazę danych Grupy AUTO1 obejmującą około 3,6 miliona transakcji samochodów używanych w całej Europie, Grupa AUTO1 opracowała pionierski indeks, który ma na celu poprawę przejrzystości danych na rynku samochodów używanych i daje wgląd w ceny hurtowe. Punktem wyjścia dla Indeksu Grupy AUTO1 jest styczeń 2015 roku z wartością referencyjną 100
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