US EditionOlder Cars Drive Up Spain’s Used Vehicle Prices
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Older Cars Drive Up Spain’s Used Vehicle Prices
Spain’s second-hand car prices hit a record high in July, with the average asking price reaching €17,795 — up 8.7% from last year and marking the steepest rise in 30 months. Petrol cars averaged €17,220 (+8.3%) and diesel €14,095 (+5.5%). In contrast, electric and hybrid vehicles fell 6.4% to €30,553. The biggest increases were seen in older cars: 20+ years old: +15% (€5,905) 16–20 years: +12.3% 11–15 years: +9.5% Almost-new cars were one of th…
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