In 2022, there were nearly two used cars sold for each new car sales in Spain. This ratio is forecast to drop in 2023, down from 1.94 to 1.83, but is expected to recover in 2025. The ratio had been steadily growing between 2015 and 2021, and jumped over two used cars per each new car in 2020, amid the COVID-19 pandemic.
Ratio of second-hand cars to new cars in Spain from 2015 to 2022, with a forecast through 2025
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Arval. (July 20, 2023). Ratio of second-hand cars to new cars in Spain from 2015 to 2022, with a forecast through 2025 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/454465/second-hand-car-vs-brand-new-cars-ratio-spain/
Arval. "Ratio of second-hand cars to new cars in Spain from 2015 to 2022, with a forecast through 2025." Chart. July 20, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/454465/second-hand-car-vs-brand-new-cars-ratio-spain/
Arval. (2023). Ratio of second-hand cars to new cars in Spain from 2015 to 2022, with a forecast through 2025. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/454465/second-hand-car-vs-brand-new-cars-ratio-spain/
Arval. "Ratio of Second-hand Cars to New Cars in Spain from 2015 to 2022, with a Forecast through 2025." Statista, Statista Inc., 20 Jul 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/454465/second-hand-car-vs-brand-new-cars-ratio-spain/
Arval, Ratio of second-hand cars to new cars in Spain from 2015 to 2022, with a forecast through 2025 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/454465/second-hand-car-vs-brand-new-cars-ratio-spain/ (last visited September 20, 2024)
Ratio of second-hand cars to new cars in Spain from 2015 to 2022, with a forecast through 2025 [Graph], Arval, July 20, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/454465/second-hand-car-vs-brand-new-cars-ratio-spain/