The used car market in Hungary has not been hit very hard by the coronavirus pandemic, which has even led new buyers to car dealers dealing with high quality, 1-7 year old second hand vehicles, a recent statement by DasWeltAuto reveals.
In Hungary, 586,489 new owners had their cars registered in the first three quarters of this year; the number of sales only fell by 2.1 percent compared to the same period in 2019, according to data by Datahouse.
György Frank, head of the used car division at Porsche Hungaria, distributor of brands belonging to the Volkswagen Group, says that the business is thriving, as relatively new, high-quality second hand vehicles fill the gap caused by the lack of newly made cars.
According to his expectations, sales in the last quarter might even make up for the slight loss they have suffered so far.
The statement explains that from January to the end of September, most customers were looking for lower-mid-size cars, which accounted for 29.48 percent of the market, but small cars (22.79 percent) and upper-mid-size models (15.28 percent) were also popular.
The luxury car market was also busy: altogether 852 Porsches, 18 Ferraris, 5 Rolls-Royces and 3 Lamborghinis found new owners in the country.
The largest number of used cars was bought in Budapest and Pest, Szabolcs-Szatmár-Bereg and Borsod-Abaúj-Zemplén counties. György Frank said that the company's outlets are extremely busy serving the increased number clients; and DasWeltAuto has already achieved a 15 percent growth in the first three quarters of this year, with 6,306 vehicles sold compared to 5,470 a year earlier.