AutoScout24: the chip crisis drives interest in the second-hand market

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The chip crisis is causing many problems to the automotive world which still has to & quot; recover & quot; from the consequences of the outbreak of the pandemic. This issue is leading car manufacturers to review production plans. In some cases, even, it is & egrave; arrived to postpone the launch of new models. According to the estimates of AlixPartners, the difficulties & agrave; semiconductor supply could lead to a production loss of 3.9 million vehicles worldwide.

The effects of the chip crisis, however, would not only affect the new car market but as well as those used .

THE EFFECT ON THE USED

AutoScout24 internal data , the shortage of new cars is driving prices than those used in Italy. In our country, since the beginning of the year, the average cost of the cars for sale on the portal is; increased by 3.1% (average price of € 17,670). Same trend also in other European countries. For example, in Germany there is; was an increase of 6.1% (average of € 22,940). Followed by Belgium with + 5.7% (€ 19,630), Austria with + 4.9% (€ 22,700) and the Netherlands with + 4.5% (€ 20,150).

In addition to the rise in prices , we also point out the decrease in availability; of cars , confirming the fact that consumers' attention is shifting towards solutions that are already; available on the market. On AutoScout24, in contrast to a 14% drop in dealer advertisements, requests rose by 12%. Speaking, however, of the sales of used cars, after the first months of 2021 with a minus sign, in June ownership changes , net of minivoltings, increased compared to the same month of 2019. as much as + 15.5%.

In the same period, sales also increased in other European countries, with France in the lead (+ 19.4%), followed by the Netherlands (+ 18.5% ), Belgium (+ 16%) and Germany (+ 12.7%). Tommaso Menegazzo , Marketing Director of AutoScout24, commented:

E & # 39; a phase of great change for the entire automotive sector. While manufacturers are forced to review their strategies, in the short term the attention of consumers for the used market is growing, which guarantees availability; near and eacute; immediate availability of the cars and a fleet of cars that meets all needs. An interest that could further increase also thanks to the incentives just allocated with the Sostegni-bis decree for the purchase of second-hand Euro 6 cars, against the scrapping of cars over 10 years. It is a replacement in favor of new generation cars, plus; efficient, which can contribute to renewing the Italian fleet, historically one of the most old d & rsquo; Europe.

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