Used Car Market 2024: The Leboncoin Report Is Fascinating

The first peer-to-peer sales website in France, Leboncoin, is a good barometer of the used car market in 2024.

With 28 million unique visitors per month, the site Leboncoin is the second e-commerce platform in France. Its statistics are therefore relevant when profiling the used car market of 2024.

The second-hand automotive market has experienced significant changes this year, marked by new consumer preferences and favorable fluctuations for buyers. The increase in electric vehicle listings on Leboncoin, the growing interest in older models, and an overall price decrease define 2024.

The overview in brief

Preference for sedans and rising popularity of SUVs

In 2024, sedans remain the most common models in listings, while SUVs (including 4x4s and crossovers) continue their growth, doubling their offer volume since 2022. Search data on the platform confirms this trend: sedans are still the users’ top choice, closely followed by SUVs, then city cars.

A historic shift: petrol overtakes diesel

For the first time, petrol cars are more numerous than diesel-powered ones in listings. Electric models, although still in the minority, saw an impressive increase of 53% more listings compared to 2023. However, diesel remains the most searched fuel type, ahead of petrol, hybrids, and electric vehicles.

Older vehicles top the search trends

Cars over 8 years old constitute the majority of listings and searches on the platform. This preference is mainly due to more competitive pricing, better aligning with users’ budgets. Cars aged 5 to 8 years are in second place, followed by those aged 2 to 5 years, which tend to be more expensive.

Mileage preference: a tilt towards “experienced” vehicles

The most advertised vehicles have driven between 100,000 and 125,000 km. However, users seem to prefer those with between 125,000 and 150,000 km, which top the search volume, closely followed by models with between 100,000 and 125,000 km. Vehicles with between 175,000 and 200,000 km rank third.

Renault Clio: the new favorite

In 2024, Renault Clio emerges as the preferred model among users and the most listed on the platform. It overtakes the Volkswagen Golf, which had held the top spot since 2020. This change illustrates a shift in consumer expectations, favoring practical, accessible, and iconic cars in the French market.

An overall price reduction benefiting buyers

Used vehicle prices have generally decreased this year, thanks to an expanded offer and favorable government measures. Petrol and diesel models see an average decrease of €1,300, while electric cars experience an even more significant drop, with average prices reduced by over €4,000.
Newer cars (less than two years old) saw their prices fall by 4.47%, while older vehicles slightly increased in value due to increased demand.