Morocco’s Used Car Market Hits Record High with 28.5% Surge in 2024
– bySylvanus
· 1 min read
Moroccans are turning more than ever to used cars for their vehicle purchases. This is evidenced by the number of transfers recorded in 2024.
In Morocco, the used car market is booming. In total, 775,121 transfers were recorded in 2024, compared to 677,222 in 2022, an increase of 28.5%. A new historical record after that of 2022, notes the magazine Finances News Hebdo.
The passenger car segment accounts for nearly 72% of the total market. In total, 537,299 units were sold, an increase of more than 29%. As for the number of
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