The average price of used cars has increased - the sales director sees two reasons

The average price of used cars has risen by around 1,600 euros since last year.

The average price of used cars has increased - the sales director sees two reasons

THE INFORMATION is based on the sales statistics of the domestic used car dealer J. Rinta-Joup. The average price of used cars sold by the company during June was around 18,600 euros. The average price of the used cars sold increased by an estimated 1,600 euros from the readings reported by the company a year ago. According to statistics, the corresponding average price in June 2021 was around 16,000 euros.

- At least two significant factors can be seen behind the reason for the average price of used cars. The general price level, also in the used vehicle market, has clearly risen from a year ago. In addition, more car buyers than before are getting themselves an electric or hybrid car. The used cars equipped with these newer drives are relatively new for their model years, and therefore their sales prices are at the level of a newer replacement car, says J. Rinta-Joup's sales director Markku Ala-Hakuni in a press release.

The average price of used motorhomes sold by Jarmo Rinta-Jouppi Oy also increased. In June of this year, their average price was around 47,800 euros. Last year, the average price of used motorhomes was around 46,000 euros.