Croatia used car market sees high depreciation and seasonal shifts

The Croatian used car market is experiencing significant shifts in vehicle value and seasonal buyer activity. Recent data indicates that certain three-year-old models, particularly electric vehicles, are seeing substantial depreciation. For instance, the Hyundai IONIQ 6, which launched in Croatia in 2023 with a starting price of €46,990, can now be found for approximately €28,000, representing a value drop of about 40 percent.

Market analysis from carVertical also highlights seasonal trends in buyer behavior. December has been identified as the month with the lowest buyer activity, accounting for only 6.2 percent of annual vehicle history checks. This end-of-year lull, driven by holiday spending, may offer buyers better negotiating positions due to reduced competition. Conversely, the beginning of the year, specifically March, typically sees the highest levels of market activity.