After petrol, repairs, insurance (+ 16% since 2010), it is now the purchase price of vehicles that is skyrocketing. The trend has been observed for about ten years, but it has gotten worse 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 gem.
Why are cars more and more expensive?
Structurally, cars cost more and more to manufacture, and therefore new prices are rising. 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 been amplified since the beginning of the recovery after Covid. That lack of semiconductors continues to punish producers. As for the recent Ukraine conflict, it makes it harder to transport raw materials such as steel, copper or nickel.
What is rarely expensive, the decline in the production of new vehicles logically leads to an inflation in the prices of 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
|€ 9,990||Dacia Sandero|
|€ 12,090||Kia Picanto|
|€ 12,240||Hyundai i10|
|€ 12,350||Citroën C1|
|17,390 euros (excluding bonus) 12,694 euros (after organic bonus)||Dacia Spring|
|€ 12,800||Peugeot 108|
|€ 12,990||Mitsubishi Space Star|
|€ 13,750||Renault Twingo|
|€ 13,990||Toyota Aygo|
This year, therefore, only Dacia Sandero is below 10,000 euros new. This was already the case at the end of 2020, but inflation is felt when the same model was sold at the time € 8,290. Since its release late last year, it’s 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 under 12,000 euros with bonus (knowing that it will fall in July 2022).
Page vehicle categoryit is better to prioritize mini city cars (we add Fiat Panda Hybrid, 12,290 euros), versatile city cars (especially Citroën C3 You! for 14,890 euros) and small SUVs (Dacia Sandero Stepway Eco- G 100, 13,690 euros).
In addition to targeting the cheapest vehicles, there are also a few tips to get lower prices:
- Buy a low selling vehicle : There is certainly concern that unloved vehicles are unloved for a good reason, but they can be subject to large discounts. The same goes for cars at the end of the series that dealers will try to sell.
- Go through an affiliate : these intermediaries are responsible for negotiating the lowest price with the dealers for the vehicle sought.
- search the internet : in some respects a car is a consumable like any other that may be subject to inventory reduction (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 total 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 in the car budget, such as fuel, maintenance or simpler car insurance. .
In terms of fuel, we recently published a file on the least greedy cars on the market. For maintenance, we also have a dedicated guide until the monopoly on spare parts ends. Finally, for car insurance, the easiest way is to perform a free simulation to see how much you can save.
The stated prices of new cars naturally make buyers turn to the second-hand market. Used cars are thus selling very well in the heart of the health crisis (5.5 million registrations in 2020).
Prices are also rising in the second-hand market.
But even in this market, prices are starting to rise. The fault is a demand that is not weakening and a supply that is becoming scarce, especially due to the decline in the production of new cars. To find a used vehicle without breaking the bank, it is better to turn to areas where supply exceeds demand.
According to a study conducted by the famous used site Leboncoin, it is in 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 western part of France that the offer is the most comprehensive (Brittany, Pays-de-la-Loire and New-Aquitaine).
Regardless of your 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 significantly reduces their costs. Manufacturers are also increasingly numerous to offer refurbished vehicles, i.e. used models, but completely refurbished, at a price that is 20 to 30% cheaper.
In any case, you can read our interview with carVertical about 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 total bill for your purchase.
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