Second-hand cars cheapest in Spain and Italy, says AutoScout24
Monday, March 3, 2014 @ 1:32 PM
SPAIN and Italy are the top two European countries for finding a bargain when buying a second-hand car, according to a survey by the international association AutoScout24.
At present, the average price for a used car – bearing in mind the vast difference between a 12-year-old Ford Fiesta and a one-year-old Mercedes or BMW – is 12,600 euros, just 0.1 per cent higher than this time last year, says the report.
This slight increase is partly due to the decline in supply of used fleet cars – former company, courtesy or hire cars – and also due to long-term rental schemes which now work out cheaper than buying a car.
Last year, the second-hand vehicle market closed with a growth of 4.6 per cent and a total of 1.6 million cars sold, according to the European Price Observatory, published which by AutoScout24.
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