Finland's most widely-read daily Helsingin Sanomat starts out the week with a story on a record number of used diesel and petrol cars being imported. Tero Kallio, head of a car importing association, tells the paper that over 40,000 used diesel and petrol vehicles will be brought into Finland in 2018, accounting for one-third of all cars registered this year. Typically purchased from Sweden or Germany, the used cars that Finnish residents buy abroad tend to be larger, use more fuel and release more emissions. Two-thirds of them run on diesel, HS writes.This increase in imported used cars flies in the face of Finnish decision-makers' efforts to renew the relatively old and high-emission fleet of vehicles on Finnish roads. A variety of carrots, like a cash-for-clunkers programme, and sticks, like higher taxes on petrol, diesel and high-emission cars, have been introduced to encourage consumers to buy newer cars.EU courts have nevertheless ruled that older emission regulations should … [Read more...] about Monday’s papers: Record import of used cars, domestic food prices, and another imbibing pilot
Barrington volvo used cars
Business daily Kauppalehti reports that a record number of used cars will be imported to Finland this year. AUT, an automotive research group, estimates that 37,000 vehicles will be shipped to Finland this year, about 8,000 more than in 2017. The significant growth has been driven by the beneficial exchange rate between the euro and Swedish krona, AUT says. “About a half of the used cars imported this year come from Sweden,” says Hanna Kalenoja from AUT. “What’s more, there’s currently an oversupply of used cars in Sweden as the sales of new vehicles have risen considerably there over the past few years.” Swedes have been buying new cars in large numbers, with 380,000 new automobiles registered in the country last year, over three times more than Finland’s 119,000, Kauppalehti reports. Finns also have a similar taste in cars as their western neighbours, with brands such as Volvo, Volkswagen, Mercedes-Benz and BMW popular in both countries. … [Read more...] about Wednesday’s papers: Used cars from Sweden, Tango king’s court day and American päntsdrunk
LUXURY SUVs and pick-up trucks are the nation's favourite vehicles, as they both dominate the most in-demand used car list. The only sportscar that made the top 10 is the mid-placed Porsche 911, in a study put together by autos marketplace site CarGurus. The Ford Ranger topped the list, and was joined by fellow pick-up trucks the Toyota Hilux (6th), Nissan Navara (7th) and Mitsubishi L200 (10th). Unsurprisingly, though, the Range Rover led the SUV market, followed by the Audi Q7, Land Rover Discovery, Volvo XC90 and BMW X5. The list was compiled by analysing the number of online shoppers who searched for used cars that had over 1,000 units for sale since the start of 2018. A separate top 10 was made for the most desirable cars that only had under 100 second-hand models up for sale since the turn of the year. Here, the £78,000 Maserati Quattroporte came out on top with 422 user searches for every model available. Bentley's Arnage and Audi's RS4 Saloon rounded up the top three, … [Read more...] about Britain’s top 10 most desirable used cars unveiled – and a pick-up truck tops the list
David Pan USA TODAY Published 5:08 p.m. UTC Jun 15, 2018 The average price of a used car has hit a 13-year high, pushed up by a crush of late-model leased vehicles hitting the market, experts say. So while buyers may fret when they see the average price of a used car rose to $19,657 in the first quarter, up 17.6 percent compared to the same period five years ago, a lot of the reason is that vehicles on the market are generally newer than in past years, Edmunds.com says. “Off-lease cars are flooding in the market,” said Ivan Drury, senior analyst at the car-buying website. But with more motorists ready to rid themselves of their jalopies in a strong economy, "the market is doing a good job of absorbing the large quantity." That demand is also holding up prices, defying past predictions that they would fall when a cascade of off-lease cars hit the used-vehicle market. In fact, even with an average price of $22,685, the average three-year-old used car … [Read more...] about Used car prices hit a 13-year high as more late-model cars come off lease
China's huge bet on new-energy vehicles has understandably gotten the world's attention. But a less flashy phenomenon now underway may be at least as consequential for the environment in the near term: China is finally getting into used cars.A familiar ritual in most countries, buying vehicles secondhand had until recently been all but unknown in China. In most markets, sales of used cars outpace those of new ones by a wide margin, usually two-to-one or more. About 39 million used cars were sold in the U.S. last year, for instance, compared to 17 million new ones. In China, the opposite prevailed: 29 million new cars sold, and just 12 million used ones.That's thanks to some quirks in China's auto market. Until the late 2000s, poor-quality manufacturing limited the lifespan of Chinese-made cars, while prospective secondhand buyers had few ways to determine a vehicle's ownership and accident history. The industry was also highly fragmented, with a well-earned reputation for … [Read more...] about China’s Next Big Thing? Used Cars.