Avg used car price in Hungary climbs 25% in 2020
The average price motorists paid for a used car in Hungary rose 25% to HUF 3,110,000 last year, used car listings website Hasznaltauto.hu said on Monday, according to a report by state news wire MTI.
Hasznaltauto.hu attributed the increase to a year-end rise in demand and the weaker forint.
Close to 780,000 used cars changed hands in Hungary last year, down from around 800,000 in 2019.
The most popular used models last year were the Skoda Octavia, the Ford Focus, and the Audi A4.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.