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AUTO1 Group Price Index: Used Car Prices slightly decreased in November
5 December 2023
Berlin, December 5, 2023 - The AUTO1 Group Price Index, The European Used Car Price Report, shows a slight decrease of used car prices in November 2023. The index moved from 147.8 in October to 146.6 in November, a minor decrease of 0.8%.
Year over year, used car wholesale prices decreased by 6.5%, with the index moving from 156.7 in November 2022 to 146.6 in November of this year. Year to date, prices remain rather stable with a slight decrease by 1.8% from January to November. The November index data shows the lowest price level (146.6) of this year.
About AUTO1 Group
Founded in 2012, AUTO1 Group is a multi-brand technology company that is building the best way to buy and sell cars online. Its local European consumer brands like wirkaufendeinauto.de offer consumers the fastest and easiest way to sell their car. Its merchant brand, AUTO1.com, is Europe's largest wholesale platform for car trading professionals. With its retail brand Autohero, AUTO1 Group is using its technology, scale and operational excellence to develop the best consumer experience to buy a car online. AUTO1 Group is operating in over 30 countries and generated a revenue of EUR 6.5 billion in 2022. Following its successful IPO in February 2021, the group's shares are trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol AG1 and the ISIN DE000A2LQ884.
About the AUTO1 Group Price Index - The European Used Car Price Report
The AUTO1 Group Price Index shows the monthly evolution of used car prices across Europe. By analyzing AUTO1 Group’s database of around 3.6 million used car transactions Europe-wide, AUTO1 Group has developed a pioneering index to improve data transparency in the used car market and give insights into wholesale prices. The starting point of the AUTO1 Group Price Index is January 2015 with a reference value of 100. The AUTO1 Group Price Index is published on a monthly basis. Please find the methodology here.
Investor Relations Contact
Head of Investor Relations
Phone: +49 (0)30 - 2016 38 213
Director PR & Communications
Phone: +49 175 64 59 192
AUTO1 Group Bergmannstraße 72 10961 Berlin Germany