Turnaround in the used car market: more cars are available, and some are even cheaper now

The used car market in Hungary has expanded, with a 2.3% increase in listings compared to last year, totaling 101,900 ads. Despite this growth, buyer interest has not kept pace, leading to a more favorable position for purchasers. Average prices rose by 3.1% to 5.43 million HUF, while the average age of vehicles decreased to 12.3 years with a mileage of 170,600 km. Hybrid vehicles saw a significant 36.8% increase in availability, but their average price dropped by 6.5% to 10.05 million HUF. Interest in diesel cars fell by 21.2%, with their average price decreasing to 4.77 million HUF. In contrast, electric cars experienced a 2.5% price increase to 10.99 million HUF, attracting the most inquiries per ad. Overall, buyers have more options and improved negotiation positions, although these figures reflect listings and inquiries rather than actual sales.

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