Interest in diesel cars has cooled in recent years due to high fuel prices and expensive penalty taxes.
Many car manufacturers have also started to shift to focus more on petrol or electric cars.
Filling up diesel in the petrol car – a costly mistake?
A twist in the cards
At the turn of the year, however, the price of diesel fell by a full four kroner thanks to the lowering of the duty to reduce fuel.
When this happened, several car dealers predicted that interest in diesel cars would increase in the used market, and now those predictions seem to be coming true.
Now the diesel cars can increase in value – thanks to cheaper diesel
Interest in diesel cars is increasing
The used car market grew by 0.4 percent in 2023 compared to 2022, according to figures from Wayke which The World of Technology have taken part in.
Now, however, the market is starting to slow down again at the same time as prices are increasing, and the diesel cars are the ones that increase in value the most.
– Interest in used diesel cars is skyrocketing, which was noticed already in December, and the prices will likely move upwards now that it has become so much cheaper to refuel, says Wayke Sweden CEO Sofia Forsling to Teknikens Värld.
The experts warn: Used electric cars are disappearing from Sweden
Electric cars lose value
On average, used cars in Sweden became 7 percent more expensive in 2023, according to Wayke.
The used electric cars, however, are going against the grain and became as much as 11 percent cheaper during the year at the same time that sales have slowed considerably.
In December 2023 alone, the average price of a used electric car fell by 7 percent.
According to Sofia Forsling, the falling prices of electric cars are likely due to Tesla sharply lowering the price of several of its models in 2023.
According to Forsling, the loss can also be explained by the fact that used prices have to some extent been kept up by demand from abroad, which is now decreasing when the krona has strengthened against the euro.
Electric cars are superior to petrol and diesel in the winter