The country’s automotive industry has been registered drop in car pricesEspecially those used, according to the National Association of Businessmen of Colombia (Ademos).

In the first four months of the year, the industry reported 22% drop It’s around 60,5797 new vehicle registrations sold compared to 2022.


In 2022, vehicle price in Colombia showed an upward trend, attributed to factors such as inflation, parts shortages due to the COVID-19 pandemic, and a rise in the dollar price.

However, experts say: The drop in prices is a result of 0 kilometer vehicles entering the market.Because they can be purchased for prices ranging from 49 to 60 million pesos and cause discounts on used cars.


In May of this year, the total 15,674 vehiclesThis shows the decrease 30% compared to the same month of 2022.

According to Oliverio García, president of the National Association for Sustainable Mobility (Andemos), The car market in Colombia has been falling since August last year: “So far this year we have registered slightly less than 61,000 units, 17k fewer than in the first 4 months of last year.”.

In his statement, García suggested that, taking into account the decline in this market, the financial sector and the national government should take measures to lower interest rates.

Contrary to what is happening in Latin American markets excluding Chile, The Colombian automotive market has been in a steady decline throughout 2023 and is falling at a significant rate.. One of the most discouraging factors from buying a vehicle is high cost of financingTherefore, we invite the financial sector to take measures to reduce interest rates.‘ said Andemos’ manager.

In addition, according to this research conducted by Andemos with Runt, they are expected to register at the end of the year. 200,000 new units.

Then, this is the cheapest cars of 2023 and this Has less than 100,000 kilometersAccording to a study conducted by the National Sustainable Mobility Association (Ademos).

Renault Clio: From $26 million.
Reno Logan: From $26 million.
Mazda6: From $27 million.
Mazda3: From $29 million.
toyota hilux: From $36 million.
toyota corolla: From $39 million.


Truck Renault Dusterwith the model stairsThe Renault has gained immense popularity from the brand and is positioned as one of the most purchased vehicles ever in Colombia this year. despite having experienced 8% reduction i.e. cost in 2022 $49,144,200 and now inside $45,000,000which makes it a good choice for consumers.

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Source: Exame

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.


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