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The used electric and hybrid car market is exploding with more than 400,000 models sold in 2023

2024-01-07T18:17:47.122Z

Highlights: The French second-hand car market is making the big difference. Diesel sales continue to represent the majority of transactions in volume. But last year saw the emergence of a real second- hand sector for electric and hybrid vehicles. "These two engines are a windfall," says Marie-Laure Nivot, market intelligence manager at AAA Data. The electric market is driving theSecond-hand market. But diesel and petrol have a market share of 91%, but their sales are down 2% and 1% respectively.


There have never been so many second-hand electric and hybrid vehicles. Still, the sector is still largely dominated by the dies


The French second-hand car market is making the big difference. It's as if he was torn between two opposite trends symbolised by diesel and electric. On the one hand, diesel sales continue to represent the majority of transactions in volume (51%) on the second-hand market according to data from AAA Data, an expert in augmented data, particularly in the automotive sector, referring to 2023 registrations. Combined, diesel and petrol have a market share of 91%, but their sales are down 2% and 1% respectively.

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And on the other hand, last year saw the emergence of a real second-hand sector for electric and hybrid vehicles. "To the point that in a second-hand market that has not outperformed since 2018 but is almost three times that of new cars, these two engines are a windfall," says Marie-Laure Nivot, market intelligence manager at AAA Data. The electric market is driving the second-hand market. »

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Source: leparis

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