06/26/2020 - 13:08
The automotive market continues in a deep crisis, but it is emerging little from the well in which it has been immersed since the mandatory quarantine was issued.
The Volkswagen Gol remains the best-selling used car on the market. In May 5,267 units were transferred.
The preventive and mandatory measure determined by the government in mid-March further affected a sector that had already been hit since 2019, and which this year estimated a sales volume of around 370,000 units 0 km.
However, the pandemic changed everything. And the meager projections for this year completely collapsed, to the point of having almost no commercial movements in April and May.
According to the Association of Automotive Dealers of the Argentine Republic (ACARA) in May, only 21,000 0 km units were patented , a very low volume in relation to the same exercise of the previous year, but at the same time better than they had planned.
The used car market, which was the protagonist during 2019, also shows signs of recovery. The Automotive Chamber of Commerce (CCA) reported that 77,774 units were sold in May , a decrease of 48.83% compared to 2019 (152,003 units) but with a rise of 331.4% compared to April.
According to the Association of Automotive Concessionaires of the Argentine Republic, the transfer rate reached in May is maintained in June (77,774 units). Photo: uan Manuel Foglia
"In a survey carried out by our institution with partners who have an agency from Jujuy to Ushuaia (authorized by their respective provinces) showed that the blue dollar had a very interesting effect not only on the 0 km car but on the semi-new used car. It was marketed very well. In fact many agencies ran out of stock and the problem is now replacement. On the other hand, the segment of used cars with more than 6 years old is the most "hurt" on the market. It has had very little movement and is predictable due to the type of customer it has, ”declared Alberto Príncipe, president of the Automotive Chamber of Commerce.
The Volkswagen Gol , Chevrolet Corsa and Toyota Hilux remain at the top of the most sought-after models , and were the best sellers during May.
“Visits to our premises are very few in the AMBA, but not in the interior of Argentina. People consult through traditional Internet platforms , email or WhatsApp, said Príncipe, who also added that they are in talks with various banks to achieve loans accessible to the market.
The Chevrolet Classic / Corsa is the second best-selling used model on the market.
"Everyone is seeing that there is a great commercial opportunity in the used car strip, so they want to prop up and help our companies have financing tailored to each operation," he concluded-
The lukewarm reactivation allowed for reference values to return to the market. For this reason, the CCA made a new list with estimated prices of more than 6,000 models and made based on operations and periodic surveys of the marketing sector.
It is worth noting that these values are liable to change according to the state of operation, conservation or other circumstances, and that they do not include transfer costs, insurance, freight, or debts.