Sales in November could beat the record 825,000 in 2022, JoAutok.hu said.

JoAutok.hu CEO Bertalan Halász said some buyers had been diverted to used car purchases by the deteriorating incomes of the previous years.

The weakening of the forint’s euro exchange rate attracted some of those who earlier planned to buy imported used cars, and lower interest rates had also boosted purchases with credit, he added.

For the period January-October, used car sales increased approximately 11.4% year-on-year to 766,200. Sales of imported cars rose by about 4% to 92,900.