Chinese car brands drive down used‑car prices and lift new‑car sales in Spain

Chinese car brands used‑car price decline Spain auto market GANVAM‑DAT index new‑car registrations

Aggressive pricing by Chinese manufacturers such as BYD, MG, Omoda and Leapmotor is reshaping Spain’s auto market. According to the GANVAM‑DAT index for the first half of 2026, the average price of used cars aged 11‑15 years fell to €9,927, a 4.4 % drop, while cars older than 16 years fell to €4,635, down 3.7 %. Vehicles that are two to five years old saw a 4.2 % decline to €19,435, and semi‑new cars fell 5.1 % to €25,103. The price correction now spans every age segment, a “domino” effect triggered by cheaper new Chinese models that compete directly with recent‑age used cars.

The impact is also visible in new‑car registrations. In the Basque region, MG ZS ranked fourth, Ebro S700 eighth and Omoda 5 ninth among the ten best‑selling models, confirming Chinese brands’ growing market share. An influx of young used cars from the termination of rental contracts has increased supply, further easing price pressure across the second‑hand market.

Entities

BYD (Chinese automaker) · BYD Co Ltd · Chery Automobile Co Ltd · Exlantix · GANVAM‑DAT index · Galloper · LEPAS · MG (Chinese automaker) · MG Motor (SAIC) · Mazda · Omoda (Chinese automaker) · Spain

Claims

What the coverage asserts, and how many sources carry each claim.

[● 7 SOURCES] The aggressive pricing of Chinese new cars is creating a domino effect that lowers used‑car prices across all age segments. www.elperiodico.com · www.esdiario.com · www.diariodecadiz.es · www.europasur.es · www.granadahoy.com · +2 more
[● 7 SOURCES] Semi‑new cars fell 5.1 % to an average price of €25,103 in the first half of 2026. www.elperiodico.com · www.esdiario.com · www.diariodecadiz.es · www.europasur.es · www.granadahoy.com · +2 more
[○ 1 SOURCE] Chinese models MG ZS, Ebro S700 and Omoda 5 ranked fourth, eighth and ninth among the ten best‑selling new cars in the Basque region in 2026. www.agenciadenoticias.es
[● 7 SOURCES] The influx of young used cars from the termination of rental contracts increased supply and contributed to price reductions across the used‑car market. www.elperiodico.com · www.esdiario.com · www.diariodecadiz.es · www.europasur.es · www.granadahoy.com · +2 more
[● 7 SOURCES] Used cars aged 2‑5 years fell 4.2 % to an average price of €19,435 in the first half of 2026. www.elperiodico.com · www.esdiario.com · www.diariodecadiz.es · www.europasur.es · www.granadahoy.com · +2 more
[● 7 SOURCES] The average price of used cars aged 11‑15 years fell to €9,927, a 4.4 % drop in the first half of 2026. www.elperiodico.com · www.esdiario.com · www.diariodecadiz.es · www.europasur.es · www.granadahoy.com · +2 more
[● 7 SOURCES] The average price of used cars older than 16 years fell to €4,635, a 3.7 % decline in the first half of 2026. www.elperiodico.com · www.esdiario.com · www.diariodecadiz.es · www.europasur.es · www.granadahoy.com · +2 more