12 Jul 16

French used-car market breaks half-year record

Just over 2.84 million used cars were traded in France in the first half of 2016, an increase of 2.5% over the same period last year, and an all-time record. Compare to the new car market in France, with 1.1 million vehicles sold over the same period (up 8.3% over the first half of 2015). 

The figures, released by Autoscout and reported by Flottes Automobiles, further indicate that sale of French-brand used cars remained stable. Top used-car brand Renault was up 0.85% (to 661,714 units), followed by Peugeot (531,231 units, up 2.4%) and Citroën (370,167 units, up 2%). Fourth and fifth place were for VW (206,292 units, up 2.7%) and Ford (112,799 units, up 2.1%). The only brands showing double-digit growth in used-car sales were Nissan (73,509 units, up 10.4%), Dacia (38,420 units, up 18.5%) and Kia (18,763 units, up 10.5%). 

The figures further show that hybrids and pure electrics are finding their place on the used-car market. In the first half of 2015, only 15,005 hybrids were sold as used cars in France (0.54% of the total). In the first half of this year, that figure had risen to 20,553 units, an increase to 0.72% of the total market. The share of electric used cars remained minuscule, rising from 0.06% (or 1,601 units) to 0.07% (1,916 units). Most used cars were still diesels (67.3%, half a percentage point lower than in the first semester of 2015), with petrol cars making up less than a third of the total (31.3%, against 30.9% in the first six months of last year).

As Autoscout pointed out, one evolution was quite remarkable: the increase, by 5.2%, in the sale of used cars less than a year old, from 218,786 to 230,226 units.

Image: Benh Lieu Song, CC BY-SA 3.0

Authored by: Frank Jacobs