President of the Used Car Association Reveals that used pickup trucks are selling better after Rice prices move up and tourism continues to recover TMB Thanachart side Launch of a platform for buying and selling used cars Ready to arrange loans
Mr. Wichai Suwansila, President of the Used Car Operators Association Said that in the past three years, approximately 300,000 new cars have disappeared from the system, while the used car business continues to grow. from many factors both from the price difference between new cars and used cars more different Used cars are cheaper, car quality is good, interest rates are lower. Therefore, more people choose to use second-hand cars. Currently, there are approximately 300,000 used cars in the system from approximately 500 car tents that are members of the association, with sedans still being more popular than pickup trucks. But due to factors from the economic situation The price of rice has increased. and the tourism sector that continues to recover Make used pickup trucks sell better
As for the EV car market It is seen that there is no impact on the used car market at this time. Because the customer groups are different groups. The group of customers who buy used cars will buy them as the first car in their family. For EV car customers Will buy an EV car as a second car Next to the combustion car
Mr. Chatcharit Tangthekingkiat Deputy Chief Executive Officer Head of Auto Loan Business Product TMB Thanachart It was revealed that the total amount of new car loans until the middle of 2023 is worth 400 billion baht, or 30% of the total loan amount in the entire system, not growing much. As for second-hand car loans, at this time TMB Thanachart The total amount of car loans in exchange for money is 50% of the market and continues to grow. Admit that there have been some defaults on debt payments. Not paying on time The part that sees the opening of the Roddonjai platform for buying and selling used cars. Ready to arrange loans with TTB Drive. Will it affect household debt or not? Consider that such a platform It raises the standard in buying and selling used cars. With quality used car sellers and responsible buyers and have the ability to repay debts
Mr. Anuwat Luengtaweekul, Chief Executive Officer of Auto Finance TMB Thanachart revealed that TTB Drive by TMB Thanachart Develop the Roddonjai website to answer the question of neutrality standards. There is a check for car quality and a reasonable median price. Passed identity verification before putting the car up for sale on the website With more than 3,000 trusted partner dealers nationwide. Including arranging used car loans with TTB Drive. To create confidence in both buyers and sellers. After opening the website There are more than 16,500 cars advertised for sale on the website. Customers have already purchased more than 5,000 used cars. We aim to be the number 1 leader in the used car market. that every car is inspected according to international standards There are quality cars that have been inspected. Announced sales of more than 50,000 cars on the website by 2024, ready to help partners sell more than 30,000 cars, valued at more than 10,000 million baht, by 2024. – Thai News Agency
Source: Thai News Agency