Tuesday 21 November 2017

Sales of imported used cars soar 37pc

Eddie Cunningham Motoring Editor

THE number of people buying imported second-hand cars has soared.

Figures from the Central Statistics Office show used-car imports up 36.7pc last month.

Motorcheck.ie said the number of imports so far this year is 25,691 – there were 39,675 in the whole of 2012. Industry sources say the figure could reach 50,000 by year's end.

That would put them only 15,000 to 17,000 behind fore-casts for new car sales this year.

The number of new cars registered in the first four days after the introduction of 132 plates was 3,995 – a few hundred short of the total for all of last July.

Top-selling brands so far this month are Ford (830), Volkswagen (459), Hyundai (420), Toyota (378), Nissan (313) and Opel (188).

The situation has prompted industry proposals for a swappage scheme, as revealed recently by the Irish Independent.

If given the green light by the Government, it could mean owners of middle-aged cars getting a Vehicle Registration Tax incentive to trade in against a new model.

Irish Independent

Promoted Links

Life Newsletter

Our digest of the week's juiciest lifestyle titbits.

Promoted Links

Also in Life