Used sales grew 1.43% year-on-year in September and 5.11% compared to August

Used car sales operations grew 1.43% in September compared to the same month of 2020 and 5.11% compared to last August, the Chamber of Automotive Commerce (CCA) reported today.

“During September the sector had a slight growth in sales volume compared to the same month of 2020, an increase with August, the same as in the first 9 months of the year. This leads us to think that we could close 2021 with an equal volume or higher than in 2019 when 1,700,000 vehicles were sold, “said Alberto Príncipe, president of the CEC.

In September, 161,220 used vehicles were sold, with a growth of 1.43% compared to the same month of 2020 when 158,941 units were sold. Meanwhile, in the first nine months of the year, 1,245,261 used car purchase and sale operations were completed, with an increase of 17.78% compared to the same period in 2020, when 1,057,320 units were marketed.

Príncipe pointed out that the current context is determined by the lower entry of 0Km units to the market, a determining element for the sale of used cars. “If the trend continues, there is no doubt that the entry of young cars to the market in 2022 will be meager according to the existing demand, therefore the sector would fall to the levels of the beginning of the pandemic,” said the manager in a press release.

By brands, the ranking of best-selling used cars is led by Volkswagen with the Gol and Trend models, followed by Chevrolet, with the Clasicc model; and Toyota, with the Hilux.

In percentage terms, the region in which used car sales grew the most were CABA (+ 47.32% year-on-year); Jujuy (+ 35.25%)) and Tierra del Fuego (33.81%).

The sale of 0KM for imports falls

In the case of the sale of new vehicles, the situation is different. Last week, the Association of Automotive Dealers of the Argentine Republic (ACARA), reported that the number of patented vehicles last September amounted to 31,681 units, which represents a drop of 9.5% year-on-year, since in September of the By 2020, 35,014 units had been registered. In this way, in the nine accumulated months of the year, 307,246 units were patented, this is 23.1% more than in the same period of 2020, in which 249,532 had been registered.

According to the president of ACARA, Ricardo Salomé, “the September numbers give us an accumulated annual report that continues to be positive, they are almost epic numbers if we bear in mind that today we have practically empty dealerships due to the lack of units to offer. It is a global phenomenon that is also happening in Brazil, the United States and Japan, due to the crisis of the lack of microchips and that impacts several industries, but to this resentful global supply is added the little local release of imported cars, a very combo serious that totally affects the concession sector ”.

And he added: “We understand that dollars are a priority for the macroeconomy, but being fair it is important to say that in our activity the trade balance of finished cars with Brazil is positive, this year we will export 230,000 vehicles to Brazil, an average of 25,000 dollars, and we will they will import 180,000, of an average $ 15,000, that is why we ask for an extra effort towards our sector ”.

For his part, Rubén Beato, Secretary General of ACARA, completed: “We continue with 50% of national patented cars, so it is important to continue working together with factories, auto parts companies and unions to guarantee this part of the offer that is central today To sustain the current market, we cannot miss this opportunity. Only by strengthening a consistent production can a significant volume loss be avoided that puts the sector’s profitability and its unwanted consequences at risk ”.

Source: Scope

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