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This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at El coche mileurista dispara un 17% su precio por el 'boom' de la demanda
While, it produces a deflation in the VO younger by the effect of the Pive-2

The car mileurista shoots 17% his price by the 'boom' of the demand

Editorial Interempresas27/05/2013

The increasing demand of the vehicles used mileuristas has generated an unexpected inflation in his prices, increasing them 17% when happening of the 2.740 euros of average registered in 2011 to the 3.204 euros of the actuality, as it reveals the report 'Evolution of the price of the VO' elaborated by Eurotax in collaboration with the National Association of Sellers of Vehicles to Engine (Ganvam).

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This report, that collects the tendency of the half values of the used in the last two years, shows how the difficulty of access to the credit is carrying to a lot of drivers to look for cheap trucks easily payable to the explained, what is shooting the demand of used of more than ten years and also elevating his price.

By the contrary, results curious to check how in the vehicles seminuevos produces exactly the contrary tendency, due to the fact that the entrance in force of the Plan Pive-2, that excludes of the helps to the used, has forced to the professionals to go down prices to do them attractor trucks and achieve stick to the buyer that doubts between one new to low price or one of occasion “more expensive of the normal”.

The vehicles used of two years have abaratado in an average of 2.345 euros from 2011, falling until the 15.220 euros of current average

This effect has desposicionado the prices in all the chain of used, mainly in the ones of lower age that compete more than near with the new in price and provision. Like this, the vehicles used of two years have abaratado in an average of 2.345 euros from 2011, falling until the 15.220 euros of current average, what supposes a discount of 13% in his price in this period.

Antiquity vehiclePrice 2011 Price 2013%
Two years17.565 euros15.220 euros -13%
Five years11.018 euros10.055 euros-8,7%
Seven years6.609 euros7.146 euros+8,1%
Eleven years2.744 euros3.207 euros+17%

Evolution of the price of the VO. Source: Report 'Evolution of the Price of the VO'. Eurotax/Ganvam.

In this market of extremes, the used of five years, pertinent in his majority of fleets of renting, represent the break-even point. The extention of the agreements by which have opted the companies like measure of saving to avoid the rise of quota that supposes the renewal is ocasionando that the offer of vehicles of these intermediate ages go down, favouring some stability in the prices.

Of this form, these used, although they also are victims of the deflation, have depreciated in minor measured that the youngest models. Specifically, his residual value situates around 35% of his original price, near of two points porcentuales less than two years ago, to the cotizarse by 10.055 euros of average in the market of occasion.

“This dance of prices shows that the market is wayward. The prices are those that are but is curious how the vehicles of lower value are revalorizando whereas those that have better provision, like the seminuevos in hands of professionals, depreciate by a mere question of offer and demand”, sustains Juan Antonio Sánchez Torres, president of Ganvam.

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EurotaxGlass's Is provider of information, solutions and services of business for the industry of the car, being standard source of data in Europe, thanks to more than 70 years operating like independent observer in the market. His range of products and services covers from the intelligence of market and gestión of the risk of vehicles until solutions for the retail industry of the car, dealers, workshops, insurance, experts and portals related with the car.

The National Association of Sellers of Vehicles to Engine, Repair and Spare parts (Ganvam) is a non-profit organisation and independent politically founded in 1957 that groups to near of 9.000 associated between authorised car dealers; compraventas independent; official services; concerted agencies, and independent workshops, among others sectors of the distribution: new vehicles; used; tourisms; industrial; motorcycles and agricultural tractors. In group, these companies commercialise and give service to more than 80% of the national park.

Related Companies or Entities

Ganvam - Asociación Nacional de Vendedores de Vehículos a Motor, Reparación y Recambios

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