The head of the Algerian Organization for Consumer Protection, Mustafa Zabadi, confirmed that there has been a significant decline in the prices of used cars in the national market, expecting them to decline further in the future in the car market in Algeria.
He confirmed in a media statement that there is recovery and signs of relief in the car market in Algeria, with facilitations for purchasing vehicles less than 3 years old.
Zabdi said that there is a change in procedures and ease in the process of acquiring used cars less than 30 years old, especially from South Korea, at very competitive prices, stressing the entry of hundreds of new cars, and although they are in small quantities, they are good signs.
Zabdi highlighted that, “In the field of cars less than 3 years old, there is a great opportunity to acquire cars at very reasonable prices, and there are other signs of a further improvement in the year 2024.”
On the other hand, Zebedee clarified that the brands that are being promoted and talked about recently are not official brands, with the exception of the brands that were officially announced by the Ministry of Industry, which are “Fiat,” “Opel,” and “Chery.” As for the other brands, there is no official news regarding them. .
Zabdi reiterated that there are great facilities for purchasing cars less than 3 years old, which has prompted many dealers to acquire this type of car and thus contribute to alleviating pressure and price fluctuations.