The price of pre-owned passenger vehicles in Spain has decreased by more than 4% over the past twelve months. This downward trend is primarily attributed to an increase in the supply of nearly-new vehicles available in the market.
Additionally, the commercial pressure exerted by the expansion of new electric vehicles from Chinese manufacturers has played a significant role in moderating these prices. The data reflects a shift in the automotive sector as new market entrants influence the valuation of the secondary vehicle market.
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