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UNRAE, used car market down in February 2023

After a positive start in January 2023, the used car market in Italy returns to negative territory in February. According to the new photograph taken by UNRAE of this market, there were 401,117 property transfers during the month of February. compared to 404,966 in the same period of 2022. This is a decrease of 1%. More specifically, net transfers drop by 1.5%, while mini-transfers remain substantially stable (-0.2%).

Looking at the overall data for the first two months of 2023, the Italian used car market remains positive with growth of 4% with 450,734 transfers of ownership, against 329,743 in the period January-February 2022.

THE SHARE OF IBRIDE

Entering more quickly, you can find the IBRIDE. in the detail of the UNRAE report, among the engines, the dieselit always remains the preferred choice even if with a declining share. In February, diesel models obtained a market share of 47.3% against 49.6% in 2022. Followed by petrol models with a share of 40.1% (39.7% in 2022). Interest is growing in hybrids which reach third place in this particular classification with a market share of 4.8% against 3.3% in 2022. Fourth place for LPG with a market share of 4.5% (4.3% in 2022). Following are the natural gas models and then the Plug-in and electric ones.


Speaking of the types of contractors, the exchanges between individuals/companies obtain a share of 56.2% (56.9% in 2022). Market share of 39.7% (39.4% in 2022) for those from operator to end customer. Those coming from rentals are up compared to 2022 (1.4% overall), while those from Km0 obtain 2.6% (3% in 2022).

The market report for the month of February 2023 of used cars in Italy highlights a slight slowdown in the growth of the sharenet transfers of cars over 10 years old. In fact, these cars achieved a market share of 50.2% against 50.5% in 2022 and 52.4% in January 2023. 15.4% (15% in 2022) was the share of 6 to 10 years and 12.1% (12% in 2022) those of cars from 4 to 6 years. Due to the reduction in the availability of the program, we are able to offer you a variety of courses. of the km0, the cars more; young people, from 0 to 1 year, obtain a market share of 5.6% against 6.2% in 2022. Share of 4.5% (3.7% in 2022) for cars aged ; between 1 and 2 years.


The UNRAE report also photographs the #39;trend of the used car market at the level of the Italian regions. In first place we find Lombardy with 15.8% of transfers. Then we have Lazio and Campania with shares of 9.8% and 9.0% respectively.

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