Germany: share of prospective new and used car buyers 2019-2023
As of February 2023, some 5.5 percent of consumers residing in Germany planned to purchase a used car in the next one to two year. This was the lowest figure recorded since 2019, when used car purchase intentions were at nearly eight percent. However, while used car buying intentions declined through 2023, they remain higher than new car buying intentions by about three percentage points.
