After gasoline, repairs, insurance (+16% since 2010) it is now the purchase price of vehicles that is soaring. The trend has been observed for about ten years, but it has worsened due to the pandemic and the conflict in Ukraine. Whether you are looking for a new or used vehicle, here is a quick guide to help you find the rare pearl.
Why are cars more and more expensive?
Structurally, cars cost more and more to manufacture, and therefore new prices increase. The appearance of hybrid and electric cars, equipped with advanced technology, has thus raised the average value of the French car fleet.
This phenomenon has amplified since the start of the post-Covid recovery. The shortage of semiconductors continues to penalize manufacturers. As for the most recent Ukraine conflict, it makes it more difficult to transport raw materials such as steel, copper or nickel.
What is rare being expensive, the fall in the production of new vehicles logically leads to an inflation of prices in concessions. If you want or are obliged to buy a new vehicle during the year, it is therefore wise to have a few tips in mind to reduce the bill as much as possible.
First of all, it is possible to turn to the cheapest vehicles on the market. The website Autoplus recently released a ranking of the most economical cars available this year.
Ranking of the cheapest cars on the market 2022
|17,390 euros (excluding bonus) 12,694 euros (after ecological bonus)||Dacia Spring|
|€12,990||Mitsubishi Space Star|
This year, only the Dacia Sandero is therefore under the bar of 10,000 euros new. This was already the case at the end of 2020, but inflation is felt, since the same model was then sold €8,290. Since its release at the end of last year, it is another model of the brand, the Dacia Spring which has become the cheapest electric vehicle on the market, it is therefore not possible to find this engine for less than 12,000 euros with bonus (knowing that it will decrease in July 2022).
Side vehicle categoryit is better to turn in priority to mini-city cars (we will add the Fiat Panda Hybrid, 12,290 euros), versatile city cars (in particular the Citroën C3 You! at 14,890 euros) and small SUVs (Dacia Sandero Stepway Eco-G 100, €13,690).
Beyond targeting the cheapest vehicles, there are also a few tips for getting lower prices:
- Buy a low-selling vehicle : Certainly, there is concern that unloved vehicles are unloved for a good reason, but they can be subject to deep discounts. The same goes for cars at the end of the series, which the dealerships will try to sell.
- Go through an auto agent : these intermediaries are responsible for negotiating the lowest price with dealers for the vehicle sought.
- search the internet : in certain respects, a car is a consumer item like any other, which can be subject to destocking (Peugeotwebstore.com, promoneuve.fr, Voiture.kidioui.fr, autodiscount.fr, etc.) or be offered on private sales sites.
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How to reduce the overall car budget?
Finally, if the model you want remains too expensive for you, you can also reduce the overall financial impact by saving on other items of the car budget, such as fuel, maintenance or, more simply, car insurance. .
Regarding fuel, we recently published a file on the least greedy cars on the market. For maintenance, we also have a dedicated guide, pending the end of the monopoly on spare parts. Finally, for auto insurance, the easiest way is to perform a free simulation to see how much you could save.
Naturally, the posted prices of new cars lead buyers to turn to the second-hand market. Second-hand vehicles are thus sold very well in the heart of the health crisis (5.5 million registrations in 2020).
Prices are also rising on the second-hand market.
But even in this market, prices are starting to climb. The fault is a demand that is not weakening and a supply that is becoming scarce, in particular due to the drop in production of new cars. To find a used vehicle without breaking the bank, it is better to turn to the areas where supply exceeds demand.
According to a study by the famous second-hand site Leboncoin, it is in the Haut-de-Francein Ile-de-France and in the overseas departments that the supply of vehicles under 5,000 euros is the highest. For vehicles between 10,000 and 15,000 euros, it is rather towards the west of France that the offer is the most plethoric (Brittany, Pays-de-la-Loire, and New-Aquitaine).
Regardless of your place of residence, you can also go through an online car sales site, such as Aramisauto. The fact that these platforms do not have dealer networks to maintain greatly reduces their costs. Manufacturers are also increasingly numerous to offer reconditioned vehicles, that is to say used models, but completely refurbished, at a price 20 to 30% cheaper.
In any case, you can read our interview with carVertical on the pitfalls to avoid before buying a used vehicle. Finally, as with new vehicles, you can save on other car budget items, including car insurance, to reduce the overall bill for your purchase.
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