News Forum - Thailand’s used car market expected to keep growing thanks to Covid-19 pandemic

[Thaiger]

Thailand’s used car market is expected to keep growing thanks to the Covid-19 pandemic. This year alone, it has grown by 20 to 30%, which is an increase from the pre-Covid years that saw an average growth of 10%. Pinyo Tanawatcharaporn, president of the Association of Used Cars, says normally the used car market sees about 1 to 2 million cars sold per year. Now, many people who have been afraid to use public transportation, over fears of contracting the Covid-19 virus, have resorted to buying cars. On the flip side, many used cars are hitting the market after owners […]

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[Dedinbed]

18 minutes ago, Thaiger said:

On the flip side, many used cars are hitting

Power poles before hitting the market .?

This is happening everywhere and for numerous reasons including short supply of new vehicles in some sectors 'cos of covid ..

[Jason]

We're still in a pandemic. People can't afford new cars so the demand for used cars has risen. Shock, horror! It's actually happening in many countries, including my own. In some cases, late model used cars are selling for more than new cars. Who could have predicted that?!