Find out some of the used trucks and cars that have reduced their prices the most in October 2023

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Find out some of the used trucks and cars that have reduced their prices the most in October 2023

Over the past twelve months, starting in October, the truck segment has shown the biggest drop in prices, at least in the used car sector. They are followed by SUVs, hatchbacks and sedans.

This is according to information from Chileautos, which shows a decrease in the prices of this type of car by almost three million pesos (-13.6% compared to the same month last year), while the prices of used SUVs fell $2,227 , 873 and nearly a million for the last category of passenger cars.

For Latam Marketing Manager of Chileautos-CarGroup, Caroline Klee, the reduction “responds to a normalization of prices, after the increase registered during the pandemic, together with lower demand, where the supply increases to attract those consumer.”

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Moreover, this reduction “should continue in the coming months,” as detailed in a statement.

Regarding the most sought-after truck models (on the platform), ordered by their price difference from October 2023 to the same month last year, is the Volkswagen Amarok, which fell from $29,692,095 to $22,471,788 (-24.3 % ).

It was followed by the Toyota Hilux, from $23,269,491 to $17,751,339 (-23.7%), the Mitsubishi L200 from $22 million to about $18 million (-15.2%), the Ford F-150, from $40 million to about $36 million (- 8.1%) and the Chevrolet Silverado, from $42 million to $40 million (-5.3%).

Apart from trucks, the prices of Suzuki Swift and Baleno led the way, contracting by 17.4% and 15.4% respectively; the Toyota Rav4, 12.1% cheaper, and the Mazda CX-5, from $22 million to $19 million in October 2023 (-11.1%).

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