In 2016 the Autorola group saw one in five (21%) of its used vehicles sold on its online remarketing platform during 2016 were cross border: ie were imported or exported from their country of origin.
Autorola has seen cross border volumes continue to rise year on year as Europe’s used vehicle volumes balance themselves out between countries.
Last year we offered over 450,000 used vehicles for sale through our online remarketing platform across more than 20 countries with cross border sales reaching record levels.
Countries are getting their used industries back on their feet via imports
“Countries like Portugal and Spain whose new car market suffered badly at the hands of the recession are now being forced to import used cars from other European countries to satisfy consumer demand,” explained Morten Holmsten, Autorola’s Marketplace global sales director.
“The European used market is very well established; but is still changing dramatically, particularly as individual countries strive to get their automotive industries back on their feet after the recession of 2008 and 2009,” he added.
Our portal is at the heart of many cross border imports/exports
Portugal imported around 55,000 used vehicles in 2016, many through the Autorola portal. Cars like the Renault Mégane, Peugeot 508 and BMW 1 Series are all proving popular.
Spain and France are importing more used vehicles as both markets look to satisfy consumer demand as they shake off the effects of the most recent recession.
Countries are importing high spec used cars from Italy
Private buyers are slowly returning to the used market in Italy on the back of a tough economy, some changing their used car for the first time in a few years. The trend has been to export its higher value cars. Many offer good value and a high specification and are being snapped up by German dealers, while Austrian dealers are buying and selling cars both for their home market and for export to the Czech Republic, Slovakia and Slovenia.
Eastern Europe’s demand for used cars continues as consumer’s disposal income continues to grow, a trend that is likely to continue for many years to come. Many countries like Poland are buying up Europe’s older used cars, while Russian demand for aging 4x4s is strong.
Normally conservative Swedish dealers are importing used cars
The Swedish new and used markets are very buoyant with demand reaching a level that has forced traditionally conservative retailers into importing used cars to satisfy retail demand.
Norwegian dealers are using the country’s zero import duty rate for electric cars to import EVs from Sweden, Germany and the Netherlands to satisfy consumer demand.
New Zealand used car import rules are being relaxed
Further afield Autorola has received enquiries from used buyers in New Zealand for right hand drive used cars from the UK, as the country introduces a more flexible import policy.
“It is a remarkable dynamic that cross border sales continue to help balance the continent’s used vehicle supply and demand. Within just a few days of a used dealer buying a car online, they can have it delivered and put it on their forecourt for sale,” said Holmsten.