Posts Tagged ‘cars’

Where do all the used cars go?

Where do all the used cars go?

788,424 new cars have been registered in the European Union within the first 6 months of 2014. This is the lowest number since the European Automobile Manufacturers Association started keeping track of this statistic. Nevertheless, the sheer number is still impressive. The question I ask myself, though, is what happens to all the used cars, because they aren’t all sold in their home countries?

We can understand why people buy new cars; they are not only more luxurious and safer but, also, more environmentally friendly. About the last point, however, you can have a long discussion. Is buying a new car actually beneficial for the environment? On one hand the average fuel consumption improves, while on the other the energy and resource-intensive production process has to be taken into consideration as well. The cars that disappear from our streets either go for scrap, or they are exported to another country. Exact figures, though, are not available. And yet those statistics are of great interest, if you think of our efforts to have a high retention of cars in the used market. The figures that are available show that, within the European Union, Germany is by far the biggest exporter of used cars. Where these used cars will be exported to is a matter of price.