Check out the 10 best-selling used cars in January

Car sales in Brazil showed a considerable drop in early 2022, compared to the same month last year. In addition, the trade of used cars had a retraction of almost 32% in January, as reported by the National Federation of Motor Vehicle Distribution (Fenabrave). If we compare with the same period last year, the drop was 29.35%.

Read more: How to finance a car: Check out 5 sure tips to get approval

The agency claims that the main reason for low consumer demand for cars was high interest rates due to current inflation. In this sense, approximately 14,000 vehicles were negotiated throughout the country. Well, this index follows the same phenomenon observed in the brand new car market.

Rising prices and high interest rates

Brazilian drivers were already dissatisfied with the constant increases that the automobile sector suffered in 2021. In addition, several popular vehicles had an increase of almost 30% in their final sale value.

Therefore, if we add this factor to rising interest rates and the decrease in the purchasing power of the population, the explanation for the low performance of sales is exactly the lack of financial resources of buyers.

According to the survey, the best-selling car was the popular Volkswagen Gol, which totaled 47,921 transactions in January. Right behind are the Fiat Palio and the Fiat Uno. So check out the full list below.

Best selling used cars in january

In the month of January, these were the best-selling cars in the Brazilian used car market. Check out:

1. Volkswagen Gol – with 47,921 units sold
2. Fiat Palio– with 27,892 units sold
3. Fiat Uno – with 26,439 units sold
4. Chevrolet Celta– with 16,435 units sold
5. Chevrolet Onyx – with 16,163 units sold
6. Toyota Corolla – with 14,489 units sold
7. Volkswagen Fox – with 14,422 units sold
8. Ford KA – with 13,564 units sold
9. Chevrolet Corsa – with 13,496 units sold
10. ford fiesta – with 12,915 units sold