Morocco Witnesses Surge in Used Car Sales

Morocco Witnesses Surge in Used Car Sales

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The used car market in Morocco has experienced recent growth.

The used car market in Morocco has experienced recent growth.

In 2022, approximately 11,500 used cars were imported, which represents a significant 46% increase compared to the previous year.

This upward trend continued in the first quarter of 2023, with imports rising by 166% compared to the same period in 2022.

Ownership transfers, including motorcycles, private vehicles, and commercial vehicles, also experienced a notable increase of 53.5% between 2014 and 2022.

To meet the demand for used cars, the second edition of the Used Car Exhibition will take place in Casablanca, offering a wide selection of models ranging from compact cars to SUVs and luxury sedans.

This exhibition provides an affordable option for individuals on a limited budget who wish to purchase a car without paying the high price of a new one.