Insight

Updated whitepaper: How will COVID-19 shape used-car markets?

Phil Curry | 22 Apr 2021

About the author

Phil Curry

Editor Daily Brief

Phil Curry, Daily Brief Editor, is a seasoned automotive journalist, always keen to seek out and explain the latest industry developments

The latest edition of Autovista Group’s whitepaper: How will COVID-19 shape used-car markets? considers the third-wave of coronavirus infections across Europe, and looks at the lessons learned a year since the pandemic first hit the continent.

The whitepaper covers topics including:

  • One year into COVID-19 and the lessons of resilience
  • Used-car markets 2021 – crisis? What crisis?
  • Electric vehicle (EV) tax guide
  • Europe’s used-car market forecasts for 2021 and 2022

Following the emergence of Europe’s automotive sector from COVID-19 lockdowns, a three-speed development of residual values (RVs) has prevailed across the region. Autovista Group’s COVID-19 tracker, which covers 12 European markets, has revealed that residual value (RV) indices for a number of countries have returned to pre-crisis levels. Some, however, are still struggling.

Autovista Group experts discussed the whitepaper findings in the company’s latest webinar – Europe’s used-car markets – recovery from COVID-19. You can watch the presentation below.

Remaining strong

Used-car markets have proven more resilient than expected. In fact, the pandemic has helped some developments over the finish line that have long been in the making. For example, online sales, an advance that the automotive industry was slow to adopt until COVID-19 made it a necessity. Also supply-chain disruption has pushed demand towards the used-car sector.

In addition, the latest whitepaper looks at forecasts for RV development in Europe for 2021 and 2022. Autovista Group experts analyse the latest trends and scenarios for used-car market development across the continent. As countries are hit by a third-wave of infections, economic recovery may yet extend into 2022, even as vaccination programmes pick up their pace.

You can find more information about how different markets are shaping up, and the various economic scenarios across the region, in the latest update of the Autovista Group whitepaper – ‘How will COVID-19 shape used car markets’ – which can be viewed here.

Yes, sign me up to European news and insights

* Mandatory


Yes, please sign me to up to receive the following emails:
Daily Brief: pan-European news and insight - Sent daily by Autovista Ltd, in English.

We use pixels in our emails to monitor whenever you open, forward or click on the URLs in our emails. This helps us to monitor and measure the performance and effectiveness of our emails. We combine this with the information you provide above and your browsing information so that we can better tailor and improve our marketing to you and personalise your user experience on our website. By signing up, you are consenting to the use of your data for the purpose of sending you the selected emails and to the use of tracking pixels. You can withdraw your consent to receive our emails and the related tracking at any time by following this link to our Email Preference Centre and updating your preferences. For additional information on the processing of your personal data, please refer to the Autovista Group Privacy Policy and the Glass’s Privacy Policy.