After the first 10 months of 2022, the preference for diesel models is confirmed in the Italian used car market, a decrease in property transfers compared to 2021 and an increase in the age of children. average of the cars traded. These are some of the main elements of the new UNRAE report which has taken a snapshot of the used car market in Italy for the January-October period.
AUTO SEMPRE PI? OLD
Going into details, from January to October 2022 there were a total of 3,743,922 property transfers compared to 4,159,440 in the same period of 2021. This is a decrease of 10%. Instead, according to the report, net transfers lose 12.1%, while minivans drop by 7%.
As mentioned at the beginning, diesel remains largely the preferred engine by the Italianson the used market even if with a declining share. Specifically, this motorization, in the first 10 months of 2022, can count on a market share of 48.7% (50.7% in 2021). The petrol models follow with a share of 40.3%. Third place for LPG with 4.4%. Then we find the hybrids (HEV) with a 3.4% share. The market share of electric and plug-ins is still very limited with 0.6% and 0.4% respectively.
As we know, there is ‘ less and less availability; of used cars at dealerships. This fact, explains the report, has led to the share of exchanges between private individuals growing significantly, which reaches 60% of all transfers of ownership. Instead, those from operator to end customer dropped to 36.5%. Rental stops at 0.6%, while Km0 obtain a market share of 2.9%.
The report on the Italian used car market highlights above all the data on the increase in the age of the car. average number of cars that are subject to the transfer of ownership. According to reports, the share of property transfers is with cars over 10 years old it reached 51.6%. Market share of 15% for cars from 6 to 10 years old. 12.1% fee for models aged 4 to 6. Due to the reduction of the availability of the of cars km0, the share of the most expensive cars is decreasing; recent: 3.5% for 1-2 year models and 5.7% for 0-1 year cars.
The new UNRAE analysis also shows a general decline at regional level. 34.7% of changes in ownership it is It was carried out in three Italian regions: Lombardy, Lazio and Campania.
[Data source: UNRAE]
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