The average transaction price of used cars last month exceeded 1 million yen for the first time since 2000, when statistics can be traced back.
Demand for used cars is increasing as new car production stagnates due to a shortage of semiconductors, but the number of used cars on the market is small and prices continue to rise.
According to USS, the largest used car auction operator, the average winning price for used cars that the company mediated and closed last month was 16,000 yen per car.
This is the first time that the average winning bid has exceeded 1 million yen since 2000, when statistics can be traced back, which means that the average winning bid has increased by 168,000 yen, or 20%, compared to the same month of the previous year. ..
While car production is stagnant due to a shortage of semiconductors, it takes up to half a year from ordering to delivery of new cars, and demand for used cars is increasing.
However, according to the people concerned, the number of used cars on the market due to replacement by purchase is small, and they are also exported to overseas, where Japanese cars are popular, and the supply cannot keep up with the demand, pushing up the price.
Seiji Sugiura, a senior analyst at the Tokai Tokyo Center, who is familiar with the used car market, said, "Prices are rising due to the new corona, and some people want a used car for the purpose of removing scrap iron. It seems that used car prices will continue to rise in the future. "