Why used cars are not that expensive in the Netherlands
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Buying a new car or leasing it privately is not possible for most Dutch people. New cars are expensive and getting more and more expensive. So people are migrating to the used car market, which is causing prices to rise to record highs there too.
According to figures from Autoscout24, the average price of a used car in September was 23,734 euros. That’s 199 euros more than in August, but not a new record. Before the summer, the Netherlands paid an average of 23,808 euros for a used car in June.
Little demand for events in the summer months
How is it possible that this amount is lower now? Through the months of July and August, when demand for used cars is traditionally lower because so many people are on vacation and therefore have other priorities.
Used cars are even more expensive in Europe
Are used cars expensive in the Netherlands? Yes, without a doubt. But in the rest of Europe the situation is much worse. The average asking price of a used car in Germany is 27,791 euros. Belgium is just above the Netherlands with 24,587 euros. In France you lost 28,831 euros.
New record prices are definitely coming
But you can be sure that the used price will also rise to new highs with us. New cars will certainly not become cheaper in the foreseeable future, partly due to the ongoing shortage of chips and rising raw material prices.
The used market is flooded with diesels that nobody wants
Are you looking for a good offer? Then you should opt for a used diesel car (but who wants that?). Diesels have become less and less popular in recent years, but the current sky-high price of diesel only makes it worse.
Diesel has been more expensive than petrol for some time, something unprecedented in history. Private individuals are now trying to get rid of their diesels quickly, so in the near future the used market will be flooded with cars that nobody wants.
You pay more vehicle tax for a diesel than for a petrol engine. This has always been made up for by better fuel economy and lower fuel prices, but diesel is no longer an option. For nobody.
Source: Auto visie
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
