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Car market – used cars and hybrid vehicles: demand is booming in Austria

Car market – used cars and hybrid vehicles: demand is booming in Austria

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The car market in Austria is in the middle range across Europe, both in terms of price and demand.

Photo:
Shutterstock/Kichigin

DThe Austrian car market is showing remarkable dynamics: While prices are falling, demand is increasing significantly, as current data from AutoScout24 shows. Used cars and hybrid vehicles in particular are becoming increasingly popular among Austrians. Despite the general decline in prices, hybrid vehicles maintain their position as the most expensive segment on the market

The average used car price in Austria has fallen by 3 percent compared to the previous year and is now 26,310 euros. This puts Austria in the European midfield, just behind Germany, where the average price is 26,942 euros.