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2 clusters · 6 sources · 7 days · First seen · Last updated

European used car market transparency and trends

Overview

A transparency index released by carVertical indicates significant risks in the European used car market, particularly regarding vehicle damage and fraud. In Poland, 62.9% of checked vehicles had a recorded history of damage, the highest among the surveyed nations, while 3.8% showed signs of odometer tampering. Serbia ranked 18th in the index, with 43.7% of checked vehicles having recorded damage and approximately 4% showing signs of mileage rollback.

Market analysis in Serbia suggests that while reliable vehicles can be found within the 1,000 to 1,500 euro range, they represent less than five percent of the approximately 76,000 passenger cars listed. These affordable options are typically over 15 years old with high mileage, which increases the likelihood of costly repairs for engines, transmissions, or corrosion.

Entities

Serbia · carVertical · Chelsea · Petar Veličković · Poland

Timeline

  1. [BUSINESS] 3 sources
    Automotive trends: Used car markets and rising mirror thefts

    Used car buyers in Serbia face limited options under 1,500 euros, while London faces a rise in high-tech rearview mirror thefts.

  2. [BUSINESS] 3 sources
    Used car market transparency index reveals high damage and fraud risks in Poland and Serbia

    The carVertical transparency index shows Poland and Serbia face high risks in the used car market, with significant rates of vehicle damage history and odometer tampering reported.

Sources

biznismagazin.rs · danas.rs · inwestycje.pl · radiosarajevo.ba · szabadmagyarszo.com · zadarskilist.hr