Diesel still leads, but electric cars are gaining ground
After a slow August, the used car market rebounds with 441,187 ownership transfers in September, a 0.6% increase compared to 2023. However, figures remain 3.2% below 2019 levels. Let’s explore the main trends.
Net transfers: diesel declines, hybrids grow
Diesel retains its lead with a 43.3% market share, although down from 45.6% earlier in 2024. Hybrids reach 8.1%, while electric vehicles (BEV and plug-in) now account for 10% of total transfers.
Gasoline vehicles follow with 39.7%, while LPG and CNG represent 4.9% and 2.2%, respectively.
Net transfers: regional analysis
Regionally, Lombardy leads with 16.1% of the market, followed by Lazio at 9.8% and Campania at 9.4%. This marks a return to the typical ranking after August’s variations.
Vehicle age: newer cars on the rise
Vehicles over 10 years old account for 49% of the market in September, a 2.3 percentage point drop from 2023. Meanwhile, newer cars are gaining ground, with vehicles aged 0 to 1 year making up 6.3%, up 0.6 percentage points.
Minivoltures: hybrids on the rise
In the minivoltures segment, diesel leads with 47.3%, followed by gasoline at 31.4%. Hybrids continue to grow, reaching 11%. Slight gains are also observed for LPG vehicles, while CNG remains stable.
Minivoltures: focus on vehicle age
For minivoltures, vehicles over 10 years old decreased to 36.4%. However, newer cars, such as those aged 0 to 1 year, increased to 6.3%.
Conclusions
The used car market shows signs of recovery, driven by the rise of electric and hybrid vehicles and growing interest in newer cars. Do you agree with these trends? Share your thoughts in the comment form below!