BMW now most popular used-car brand in Belgium
BMW has overtaken Volkswagen as Belgium's most popular used-car brand, figures released by INDICATA show. Diesels still dominate the Belgian second-hand market, but their dominance is slipping.
Based on real-time data for all used cars sold online and via professional networks in 2018, online remarketing specialist INDICATA (part of the Autorola Group), is able to provide the most recent and complete overview of Belgium's used-car market.
Last year, VW was the most popular used-car brand in Belgium (pictured: the Palais de Justice in Brussels), followed by BMW, Mercedes-Benz, Opel and Peugeot. This year, BMW has switched places with VW to take the crown (the rest of the top five remains unchanged).
As INDICATA country manager Erwin Coesens points out, these also are four of the five most popular brands for new-car sales in Belgium in 2018: VW on first place, followed by Renault, Peugeot, BMW and Mercedes-Benz.
According to the company's figures, some brands rank higher in secondhand sales (e.g. Toyota, Fiat, Mini, Land Rover and Porsche), while others perform better in the new-car sales ranking (e.g. Hyundai, Volvo, Skoda and Mazda).
INDICATA also noted some interesting facts on Market Days Supply (i.e. the number of days between acquisition and sale of a second-hand vehicle). While no brand had a MDS figure lower than two months, luxury brands Porsche and Jaguar figured a whopping 121 and 118 days, respectively. Suzuki has the lowest MDS (58 days), followed by Renault (60), Nissan (62), Peugeot and Toyota (both 63).
In new-car sales, last year clearly confirmed the trend away from diesel in Belgium: from 47% in 2017 to 35% in 2018. The share of new petrol cars increased from 48% to 58%, according to figures released by FEBIAC.
INDICATA figures demonstrate a similar, albeit slower trend in used-car sales last year, with the diesel share dropping from 66% in January to 61% in December. The share of petrol cars increased from 33.2% in January to 37.5% in December. Over the same period, there was a slight but perceptible increase in the sale of used hybrids (1.19% to 1.58%) and pure electrics (0.08% to 0.25%).