Argentina's used car market grows in June, but first-half volume dips

The Argentine used car market saw a notable increase in June, with 155,753 vehicle transfers, marking an 8.2% rise from May and an 8.6% increase compared to June 2025. This surge brought the total for the first semester to 892,696 units.

However, the overall volume for the first half of the year still lags behind 2025, showing a 2.9% contraction. This indicates a complex market dynamic where monthly fluctuations contrast with a broader year-to-date slowdown.

Despite the market's challenges, numerous models remain affordable, with several available for under 15 million pesos, particularly those from 2015. The Volkswagen Gol continues its reign as the best-selling used car in Argentina. Even though it's no longer produced as a new vehicle, its enduring popularity stems from its widespread availability, low maintenance costs, and consistent demand.

Alejandro Lamas, secretary of the Chamber of Automotive Commerce (CCA), noted that the used car market now competes with new car offerings, necessitating price adjustments for sellers. "Some owners must accept a greater adjustment in their vehicle if they really want to sell it, and this is a process that takes some time to find an adequate balance," Lamas commented.

In the electrified vehicle segment, the Toyota Corolla Cross leads the used market, signaling a growing presence of these models, though they still represent a smaller share compared to traditional combustion engine vehicles.

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Some owners must accept a greater adjustment in their vehicle if they really want to sell it, and this is a process that takes some time to find an adequate balance.