26 Apr 16

French used car market slightly up in 2015

The French used-car market was up slightly in 2015, rising 2.11% to regain the volume it had in 2007, before the financial crisis hit. AutoScout24, which released the figures, even lauded 2015 as a record year. 

In all, 5,562,164 used cars were sold in France last year, virtually the same as the previous record year, 2007, in which 5,570,770 used vehicles were sold. However, it must be said that the French used-car market has weathered the crisis in the intervening years with great resilience. Volume never dipped lower than 2 to 3% below 2007 levels, whereas the new vehicle market at one point lost up to 20% of its pre-crisis volume. 

Last year, petrol-powered used cars gained 1% market share to the detriment of diesels. French brands occupied the Top 3 on the used-car market. And the average age of used cars increased to 8.9 years. Most used cars were bought and sold in France's rural areas. 

In December 2015, the French used-car market continued its growth with 2% (to 460,324 units), while the new car market grew robustly by 11% - over the whole of 2015, the new car market increased by 6.8% to 1,917,230 units.

Image © Jorge Royan, CC BY-SA 3.0

Authored by: Frank Jacobs