Second-hand prices have increased by 17 percent in the past year

The price statistics on used cars show record high levels - prices have increased 17 percent in the past year.

Our view of this rise is that more people are looking to the used market today than before because of the economic situation. We also see a continued low influx of new cars on the market. This, combined with a weak krona, means that we see extra great interest from export buyers - which drives up prices.

What is BPI (Car Price Index)?

The price trend is based on sales at Kvdbil (around 20,000 per year) and is measured through the BPI (Car Price Index) by our sister company Bilpriser.se. The Car Price Index (BPI) is a comparative figure for the price development of used cars. The BPI is based on a statistical technique of smoothing through 3-month rolling averages. BPI total is for studying overall trends. BPI total has a price base point in March 2016. The index number at a certain time thus indicates how the price level has developed since the base time.

The total price development of the last 12 months

Since August 2022, the total price trend has increased by 17 percent for used cars.