Decrease in small car prices in Austria!
The used car market in Austria has seen notable movements with the beginning of spring, as prices have recorded a decline in several categories, especially small cars and electric vehicles.
Nikolaus Minches, the general manager of AutoScout24 in Austria, explained that those looking for a used small car will currently find good offers, and the same goes for used electric cars, which have seen their prices drop by 3% since January as the number of available offers in the market increases.
Small cars recorded the largest drop in prices, with an average price of €14,933 in May, which is €624 less than their price in January, a decrease of 4.01%. Sports car prices also fell by €2,553 (3.2%), and upper mid-range cars by €967 (3.1%). Meanwhile, the compact and mid-size car categories recorded a moderate decline, while the prices of SUVs and off-road vehicles remained relatively stable.
On the other hand, some categories have seen price increases, such as the upper category which rose by 475 euros (0.73%), while the largest increase was in the prices of vans and minibuses, which rose by 1,719 euros (6.87%).
Regarding payment systems, the most notable decline was in the prices of used electric cars, with an average price of €41,209 in May, which is €1,280 less than the beginning of the year. In contrast, the changes in the prices of internal combustion engines were less pronounced, with gasoline prices decreasing by 2.37% and diesel by 0.46%. Meanwhile, hybrid cars saw an increase in prices by €908 (2%), and liquid gas cars by €970 (4.58%).