Buying or selling a car is never a simple operation, especially as regards the evaluation of the correct purchase or sale price.
The values of the cars can vary drastically, and calculating the depreciation of a vehicle is never easy, since there are several factors to affect. On average it was calculated that a car loses the 25% of its value later 1 year from enrollment, the 63% after 4 years and the 71% after 5 years, but there are many variables to considerand.
Thanks to the use of artificial intelligence, automobile.it, site owned by the eBay group, made an instrument (described at the end of the article) for the evaluation of used cars free and easy to use.
Data from the Ministry of Sustainable Infrastructure and Mobility tell us that since the beginning of the year the used car market is again contracting: transfers of ownership, gross of minivoltures, they amounted to about 300 thousand units in February (-10%) and about 500 thousand in the first two months (-16,8%).
But which are the brands most appreciated by Italians in the second-hand market?
Fiat remains stable in first place (25% of the market) that, when considered at the FCA group level, achieves a market share of 31%. Ford and Volkswagen follow with a market share of just over 6%.
Finally, a small note of merit for Mitsubishi and Smart: are the two car manufacturers growing respectively with the +2,6% and +1,4% of ownership changes in January 2021.
Alex Gaetani
Sources:
Press release launching the initiative alkemy.com and automobile.it
Ministry of Sustainable Infrastructure and Mobility
The tool it only needs the main features of the vehicle (manufacturer, type, staging, mileage) and the user will have an average reference value available in a few moments, which will also provide the minimum and maximum prices, obtained by comparing ads for similar cars.
This avoids off-market valuations or complicated calculations, which depend on multiple factors.