Rush on second-hand cars to go on holiday
Belgian used car sales increased by almost 22% in June compared to the previous year. Now that planes are not perceived as the most corona-proof way to travel, people quickly want a car to go on holiday. And there are long waiting lists for new cars. Furthermore, there is also still some reluctance to take public transport.
Just like many other sectors, car dealers have had a tough time during the lockdown. In April, sales of new cars even dropped by 90%. Turnover losses for both new and second-hand cars cannot be made up for. Traxio, the sector federation of garage owners, expects a loss of at least 15% for the second-hand market. For the sale of new cars even 20%.
A spectacular increase in used cars
In the meantime, a certain recovery is underway. Figures from the association of car importers Febiac show that 49 141 new cars were sold in June: some 1 000 fewer than in June 2019. The second-hand car market has recovered much more spectacularly.
In April, sales reached a low point: a drop of 81%. But in June, 71 093 second-hand cars were registered, an increase of just under 22% compared to June 2019.
“That has mainly to do with the holidays. Many people have given up their flying holiday by Covid-19 and choose a car holiday. By buying a young used car to travel with, they save money in these uncertain times,” says Philp Rylant of the association of car dealers Traxio in the newspaper Het Nieuwsblad.
In addition, the corona crisis has pushed back delivery times for many new cars. “People who buy a car want to be able to drive it as quickly as possible and leave on holiday,” says Jeroen Lissens of BMW.