De Autos Usados En Venta – The used car market had a very good 2021, with light and medium car sales reaching a record high of 1,429,335 units sold last December, an increase of more than 400,000 from 2020.
Although the number of units sold this year is higher than last year, from September to December this year fewer used cars were sold compared to the same period in 2020.
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In terms of brands, the ranking is led by Chevrolet – as well as in new car sales – with 209,012 units sold in 2021, which corresponds to a share of 14.6%. They are currently followed by Hyundai with a share of 9.9%, Nissan (8.3%) and Toyota (8.1%).
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For its part, the best-selling trucks are also Chevrolet with 49,485 units sold and a market share of 18.6%. This is followed by Nissan (16.1%), Toyota (10.9%), Mitsubishi (10.6%) and Ford (7.9%).
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In 2021, sales of used trucks also increased. In December last year, 52,222 units were sold, more than 19 thousand trucks more than in 2020. The best sellers are Mercedes Benz (13%), Chevrolet (8.9%), Volvo (8.2%), Freightliner (7, 9 %). and Ford (7.5%).
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Regarding the historic year for used car sales, the president of the Chilean Automobile Chamber of Commerce (CAVEM), Martin Bresciani, indicated that this is due to various reasons.
Some of the reasons are the fact that people prefer private transport over public transport due to health concerns and the need for businesses to deliver on delivery, which has created a need for vans and vans. “And also the fact that there was a very strong lack of supply. The arrival of new vehicles made people, quote, motivated to look for used vehicles,” said Bresciani.
As for what lies ahead in 2022, Cavem’s president indicated that used car sales will start to level off, while it will continue to be a good year, projecting sales of over one million units. This is partly because the stock of new vehicles will begin to correct itself.
As for prices, they also recorded historic increases compared to 2020. In this regard, Bresciani pointed to the gradual increase of the dollar as the main reason, as “used cars have the price of new ones as a reference”.
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Regarding the above, Cavem’s president stated that industry operators and their research departments predict that this year could be similar to 2021 in terms of prices.
“But we are all sure that the price of the dollar will go down and that we will have a dollar that allows all operators, both those who buy and those who sell, to feel that the prices are now more or less somewhat accessible. Bresciani concluded.
Meanwhile, Claudia Aspe, deputy market manager at Macal – a car and real estate market – pointed out that Cavem’s report “confirms what we have seen since October, that sales of new cars remain above the 2020s and, in the case of used cars, a decrease in demand began to be felt from September, resulting in a price drop that could be between 5% and 15% depending on the models. “We are facing a more cautious consumer.”
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Aspe said that demand in 2022, based on economic forecasts for the country, the removal of IFE and the possibility of more withdrawals of pension funds, should show a slight downward adjustment.
The above “until new car stocks are regulated and immediate delivery is estimated for May-June 2022. At this stage, used car demand should see a more noticeable decline along with the price as” customers will be able to choose again to buy new cars without the uncertainty they have today .’
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Las Condes brutal aggression: A person was arrested who attacked an ex-partner with a rock in the face in Las Condes. In September, sales of used cars reached 158,941 units, 4.18% more than in the same month last year, when 152,563 vehicles were registered.
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Comparing September 2020 to last August, the month in which 154,216 units were sold, there was a 3.06 percent increase in transfers.
In the first nine months of the year, 1,057,320 used cars were sold, a figure that represents a drop of 18.33% compared to the same period in 2019 (1,294,701 units).
“Month after month, the used car market shows an improvement in sales. In September, it increased by 4.10%, but sales for the year will not exceed 1,400,000 cars, 20% less than in 2019. And this is because in the months of March, April and May, the stores were practically closed and almost 230,000 units were lost from sales, on a monthly average for the three months.If sales had continued at a normal pace, the sales volume for the year would have been at the same number as last year: 1,700,000 units. “
According to a survey conducted by CCA at the national level, there is a decline in the market despite the increase in sales.
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“There aren’t that many requests, both in-store and online. That shopping spree is waning, especially in the interiors that drove it. On the other hand, AMBA is coming back, little by little, to regain the rhythm.”
“All this with the problem is getting worse as the months go by due to the lack of stock in the agencies. They are at their limit and there is no replacement. The lack of delivery of 0 km cars and people who want what they are not Verdi “cars stock a combination that also varies for the sector.”
“The public continues to look to buy used cars, but for specific models that vary from 2016 onwards. Profitability is another variable factor: when a car is sold, we don’t know at what price we will replace it. The market is very uncertain to despite the movement that is happening.”
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Buying a vehicle, no matter what it is, involves significant costs. An average vehicle with valid documents, transferable and in good condition, exceeds 5 million pesos, that is, more than 10 minimum wages.
Therefore, it is not so easy to find a cheap car, considering that the industry is moving forward and so are the prices, so eventually the cheapest vehicles will cost much more.
In addition, you should bear in mind that if you are looking for a car for daily use in Santiago, it should always be a car not older than 10 years, because the oldest, without a green seal, cannot circulate between May 1 and 31 .August because this is the time of vehicle restrictions.
The restriction applies Monday to Friday between 7:30 and 9:00, especially for 2011 vehicles, even if they have a green stamp. So be careful, a very old car would be out of service for a few months on a weekday.
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However, if you are looking for a cheap used car in Santiago that can be used daily without any problems, you should consider a vehicle after 2011 and ideally a semi-new one or even better that has only had one owner before.
There the options for what to buy are reduced, but at least you are looking for a more useful vehicle if you need daily use. Think about what you’ll be using it for, what make and model you want, and whether you’ll prioritize fuel efficiency or perhaps power.
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