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Second-hand car sales streets ahead of new ones
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February 14th, 2014
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Used automobile sales break records
Danes are buying used cars in record numbers. According to figures from Danmarks Statistik, nearly 42,000 used cars were sold in January, meaning that for every new car sold, about 2.5 used cars changed hands.
“Figures show that a record numbers of used cars are being sold, despite the fact that we have really attractive prices on new small cars,”Johan Frederik Schjødt from Autouncle.dk told Jyllands-Posten newspaper.
READ MORE: Car ownership rises as prices plummet
More room, a better deal
Danes are opting for older models rather than the cheap micro cars to get a little more space for things like luggage and prams. And, with a little bartering prowess, they can often score a good deal, sometimes cutting as much as 10,000 kroner off the asking price.
“With the high amount of depreciation on a new car, a used car is often the most sensible purchase,” said Schjødt .
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