Average price of used vehicles falls in Santa Catarina, survey finds

Regina Pierce

Average price of used vehicles falls in Santa Catarina, survey finds

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SC sees a slight decrease in average used car prices (Photo: Rafa Neddermeyer, Agência Brasil)

SC sees a slight decrease in average used car prices (Photo: Rafa Neddermeyer, Agência Brasil)

The average price of a used car in Santa Catarina fell slightly by 0.16% between July and August this year. The data refer to ads made on the Webmotors platform, the main business portal for the segment and which created a new index to measure vehicle prices.

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For new cars advertised in Santa Catarina, the variation shows an increase of 0.61% in the last month.

The figure is close to the figure recorded in the country, which experienced a decline of 0.32% in the same period. According to Eduardo Jurcevic, CEO of Webmotors, the figures released by the government reflect a scenario of market stability, which is in line with the sector’s expectations.

— The price variation of vehicles follows the natural behavior of supply and demand. In the case of used cars, the decrease is the result of the normal depreciation of the vehicle, which is expected — he explained.

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