Trademagazin > News and articles > Market News > Használtautó.hu: even with constantly rising prices, the demand for used cars is increasing
Használtautó.hu: even with constantly rising prices, the demand for used cars is increasing
Despite the constantly rising prices, the demand for used cars is increasing – Használtautó.hu told MTI on Tuesday. According to the announcement, the number of cars imported from abroad increased by 9.8 percent in the first half of the year compared to last year, the growth may be slowed down by the weakening of the forint, because, contrary to the annual trend, imports already fell by 9.6 percent in June, two-thirds of which were cars older than 10 years it was given by cars – they write in the announcement. According to data from Használtautó.hu, the average age of cars offered for sale increased from 12.3 years in 2020 to 12.9 years in the first half of this year. The offer has changed significantly, two years ago more than a fifth of the posted ads offered cars cheaper than HUF 500,000, and by 2022 the share of the cheapest category will have dropped below 15 percent. While the proportion of 1-3 million HUF models stagnated, those of 3-5 million HUF increased slightly, and those of over 5 million HUF increased significantly.
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >K&H Analyst Commentary: The forint is on the rise
The forint, the Polish zloty and the Czech koruna are…
Read more >Fitch: Global economy recovering as tariff war eases – China and US may drive growth
Fitch Ratings expects stronger-than-expected economic performance in 2025: according to…
Read more >
More related news >
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >