Sales of used cars move up a gear
Cashed-up tradies and increased economic activity fuelled used-car sales in Canterbury in 2013.
Figures released yesterday by the Motor Trade Association (MTA) revealed the used passenger vehicles industry had its strongest year since 2007.
Used-car dealers enjoyed a 26 per cent increase in sales compared to 2012, and outsold new passenger vehicles by more than 16,500 units with 98,971 used passenger cars sold nationwide.
A breakdown by region was not available yet, but local retailers confirmed 2013 had been a strong year for Canterbury.
Turners Auctions South Island operations manager Ian Curry said sales in Canterbury rose 10 per cent.
"A lot of builders and tradesmen are doing really well and are buying more recent, more expensive cars," he said.
"Just about every builder in Christchurch has one [ute] now. Flash utes, too."
Curry said Toyota was "right up there in terms of popularity".
However, the used-car market had become very competitive and it was harder to make money in the business than it was five to 10 years ago, he said.
Used commercial vehicles sales also increased in 2013, although sales were well short of those for new commercials. During the year, 6094 units were sold, 73 per cent more than in 2012.
Value Car Warehouse also had a strong year. Salesman Kirk Harcourt said: "We sell about 300 cars a month, 3600 cars a year. We're extremely busy."
- 98,971 used passenger cars sold nationwide in 2013
- 26 per cent increase in sales compared to 2012
- 6094 used commercial vehicles sold nationwide in 2013
- 73 per cent increase in sales compared to 2012
2013 TOP USED CARS BRANDS
1. Mazda Demio
2. Nissan Tiida 3. Suzuki Swift