Interest in used cars has grown

16:40 - 15.07.2021


July 15, Fineko/abc.az. The significant reduction in the manufacture of new motor vehicles because of the global crisis has increased the demand for used cars.

ABC.AZ reports that the global scale used car sales has reached $1 trillion a year.

Lately, especially due to the pandemic, most people prefer to buy and sell used cars online.

Used car trading sites belonging to various countries took advantage of this opportunity and attracted large funds from investors.

Since the beginning of this year alone the total investments in such sites has amounted to $6 bn.

 

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