Used imported cars at two year low

Registrations of used imported passenger vehicles were down compared to March last year, with sales decreasing by 18.2 per cent, or 2,633 units, bringing this month’s total to 11,841. The lowest month recorded since February 2016.

Year-to-date, the used imported passenger market has dropped by 5.2 per cent – or 2,059 units – compared to the first three months of 2017.

Most regions around New Zealand saw losses in used imported passenger vehicle registrations in March. Out of the main centres, Wellington went from 1,103 sales in March last year to 834 last month, a decrease of 24.4 per cent. Auckland and Hamilton also didn’t compare well to a year earlier, showing decreases of 18.4 per cent and 22.0 per cent, respectively. 

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