Second-hand car market: the trends and models that will triumph in 2024

In Spain, there are many people who resort to market of used cars to acquire the vehicle they have needed for years, but in recent times the demand for this type of vehicle is increasing even more. In addition to the inflation which has raised the prices of absolutely everything, problems affecting the production of new vehiclessuch as the shortage of microchips (which tends to increase the number of months that pass between signing for a new car and its delivery to the dealer) means that this market will continue to grow.

Current and future market trends

Currently, one of the main trends is the growing Digitization of the buying and selling processOnline platforms have revolutionized the way consumers search, compare and purchase used vehicles. Online platforms like HR Motor allow to buy second hand cars MadridSeville or Bilbao from the comfort of home, without having to travel to the city where the vehicle is located to see it.

On the other hand, there is a Growing trend in terms of sustainability towards the purchase of second-hand electric and hybrid carsGovernment policies promoting emissions reduction have also contributed to this shift, offering tax incentives and other benefits for purchasing electric cars, and as more people look for greener transportation options, demand for these vehicles is increasing.

Looking ahead, it is expected that the artificial intelligence and big data play a crucial role in transforming the used car market. These technologies will enable a More accurate assessment of vehiclesanticipating its depreciation and offering fairer prices for both those who want to buy and those who do not. sell car. Besides, the Augmented reality could improve the online shopping experienceallowing users to view and evaluate cars in a more interactive and detailed way without having to physically travel.

Buyers’ preferences

Used car buyers are looking to get the most out of their money, so the most important factor is that the vehicle they purchase has a good value for money. To consider that this relationship exists, they look at whether the initial sale price is not too high, but also at other aspects. such as fuel consumptionthe years of age and the extra features of the car that may mean an increase in the insurance priceand also in the maintenance expenses that are foreseen in the long term.

For this reason, vehicles that are in good condition both mechanically and aesthetically They are the ones that dominate the market, and those models from brands recognized as reliable and durable with a complete and well-documented maintenance history are always among the best sellers.

Finally, in addition to a good price and reliability, cars that are about 10 years old and already have a good reputation are also highly valued. connectivity systems such as Bluetooth, WiFi or that have browsers with touch screen integrated.

What are the most popular models?

He Volkswagen Golf It is one of the best-selling, with figures that exceeded 60,000 units in Spain in the past year 2023. This model, known for its reliable German engineering and its versatilityit is perfect for both long road trips, which its engine can handle without problems, and for more urban use, as it is compact and very easy to park.

The podium of the most used second-hand cars has been taken by the Seat brand. The model Seat Ibizaideal for city driving thanks to its compact size and fuel efficiency, sold around 57,000 units in 2023. On the other hand, the Seat Leon has achieved sales of close to 46,000 units, being appreciated for offering a Great value for the price.

Another highly sought-after model in the sale and purchase of second-hand vehicles is the Renault Megane, which has recorded sales of approximately 43,000 units last year for its comfort and safety. Finally, the Ford Focus closes the top 5 of best-selling used cars in Spain, with sales exceeding 40,000 units. This car stands out for its durability and for its timeless design remains a favorite among drivers of all ages.

Where to buy second-hand cars?

The best place to buy second hand cars Valencia or in any other point of the Spanish geography is HR Motorsince they have 20 dealers spread throughout the country. This company with twenty-five years of experience In the sector, it has sold more than 100,000 second-hand cars thanks to the tireless work of the 200 people who make up its team, and is characterized by a comfortable and agile purchasing process in which the customer is accompanied at every step of the process. In addition to a wide and varied stock of vehicles, they offer numerous financing options to facilitate payment and allow you to purchase the car you need.