Consumers Opt for Used Cars After Pandemic

Transportation & Logistics

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Dimas Jarot Bayu 19/11/2020 10:30 WIB

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55.7% of consumers opted to buy used cars after the COVID-19 pandemic.

Consumer Choices in Purchasing Used Cars Post-COVID-19 Pandemic

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Consumers Opt for Used Cars After Pandemic

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Consumer Choices in Purchasing Used Cars Post-COVID-19 Pandemic

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A survey by Inventure Indonesia and Alvara Research Center reveals that 55.7% of consumers prefer to buy used cars after the Covid-19 pandemic. This is because 82.9% of respondents consider private cars the safest mode of transportation during the pandemic.

However, consumers' personal income has decreased due to the pandemic. Therefore, they are limiting expensive expenditures such as new cars and are switching to used cars.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."