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29 syyskuu, 2023
The prices of used cars have continued to increase. But, why then? Buying a used car continues to be popular, and we see that the biggest reason is the wallet - albeit in different ways.
The shaky economic situation has meant that more Swedes choose the used market when it's time to buy a car.
At the same time, more foreign buyers are attracted to the Swedish used market. As the krona is weak, it will be extra affordable to shop in Sweden. The cars then roll on to other countries in Europe.
The number of new cars entering the market also remains low, with delivery times that are both long and uncertain.
There is a great interest in used cars, quite simply. Something that causes prices to rise together with demand. But how much? We're watching!
In general, the prices of used cars have increased by a total of 23 percent in the last two years - the biggest price increase is seen in petrol and diesel-powered cars. And a brand stands out a little extra.
The price development of used cars in total since 2017 according to Bilprisers BPI*
Do you have a Toyota? Congratulations! Toyota has benefited extra from the price increases on the used market, as their residual value has always been strong thanks to their good reputation for quality.
Price development since 2017, on five popular brands according to BPI
Toyota: +44%
BMW: +26%
Volvo: +17%
Volkswagen: +16%
KIA: +11%
The Car Price Index (BPI) is a comparison figure for the price development of used cars and is based on statistical techniques for equalization through rolling 3-month average values. BPI total is for studying overall trends.
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