Popular European Car Brands: Review and Comparison
07.10.2024
European cars have always been in high demand in the used car market due to their quality, technology,...
The EU car market in 2023 has already witnessed the sale of over 900,000 new cars. In this article, you will learn which cars in different segments have earned the trust of so many car enthusiasts.
Sales Leaders in the EU Car Market: Top Car Models of 2023
The EU car market in 2023 has already seen the sale of over 900,000 cars, a significant portion of which were electric cars. The decision to buy cars, both in the budget and premium segments, was particularly noticeable in Belgium, Italy, Spain, and the United Kingdom.
Reasons for the Growth of New Car Sales in the EU in 2023
Experts believe that the increase in car sales in Europe was driven by competitive deals and attractive offers from manufacturers. For example, Tesla reduced prices for all its car models. The decision was likely motivated by the company’s desire to maintain high sales levels in both the American and EU markets. Now, a brand-new Tesla electric car can be purchased in the EU for less than $40,000. For the UK market, the company introduced the Tesla Model 3 with an extended range (up to 634 km) priced at £46,990.
Volkswagen decided to encourage its customers to buy new electric cars instead of internal combustion engine (ICE) vehicles by raising prices on the latter. Thomas Schäfer, CEO of the company, announced that starting in 2025, the brand will focus exclusively on producing electric vehicles, and the T-Roc crossover will be the last model with an ICE. The reason for this shift, as stated by Volkswagen’s management, was the increasing cost of production. They also had to abandon the production of the iconic Golf model with an ICE, which will now be exclusively electric.
Overall, observing the trends in the EU market, it is worth noting that with each passing year, more people are deciding to buy electric vehicles. This is driven by a greater interest in environmental issues, higher taxation levels on ICE vehicles, easier maintenance of electric cars, and the relatively low cost of charging.
Heading 3: Top Cars in the EU for 2023: Best-Selling Vehicles
As of February 2023, the best-selling cars in the EU market were:
Should You Consider Buying Used Cars in the EU?
Despite the decrease in prices for new cars in the EU market, many people still consider buying used cars. The decision to purchase a pre-owned car can be challenging due to the potential difficulties and questions that may arise during the process. For example, there are auctions that offer comprehensive consultations about the cars: what to look for when choosing a particular model, whether it is worth buying that car within a certain budget, how to save on delivery, etc. One such auction to consider is Autodille, which specializes in cars from the EU.
New or Used Car: What to Buy in the EU Market?
Of course, the decision depends on the budget allocated for the car purchase. The experience of encountering a brand-new car from the showroom always provides unforgettable impressions, but buying a used car offers the opportunity to explore a wider market in different segments while significantly saving money. Moreover, by approaching a reputable dealer, it is possible to select a car in excellent condition that has been driven for just over a year or even less.
