Who would have thought that the venerable
Argus
would be caught up in the disorganization of global supply chains and the war in Ukraine?
This bible, which sets the reference price for used cars, noted that prices had jumped because of the slowdown in the production of new cars caused by these two phenomena.
“As we noticed a gap which was becoming much too great between the selling prices of used cars and our ratings which are necessarily lower
(they serve as a floor for negotiations between individuals, editor’s note)
,
we have rectified our curves of depreciation to ensure that they stick more to the market"
, explains Olivier Flavier, vice-president Mobility France of Advencia, parent company of
The Argus
and owner of Boncoin.
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In fact, used car prices have increased by 30% in two years.
“It had never happened in such a short period of time”,
underlines Olivier Flavier.
This upward price readjustment carried out by
L'Argus
is decisive for individuals who sell their old car to a dealer.
The rating set by this publication has been authoritative since its launch in the 1930s. In particular because of its precision: each model corresponds to a price according to its year of registration.
This revaluation of the rating constitutes a small event because
L'Argus
rarely touches its favorite index, even if it has adapted to recent upheavals.
During the first confinement, in the spring of 2020, the publication had suspended its ratings for the first time since 1940.