A study titled The “New Normal” of Indonesia Used Car Industry by classified advertisements website OLX Indonesia and its used car dealership OLX Autos Indonesia showed that 54 percent of survey respondents said they were considering buying a used car instead of a new one. - The Jakarta Post/ANN
JAKARTA, July 11 (The Jakarta Post/ ANN): Indonesian consumers are opting to buy used cars instead of new ones as the Covid-19 pandemic dampens people’s spending power.
Muhammad Rizqullah, who goes by Kiki, said he bought a used car last week after trying to find one since April. The 24-year old non-governmental organization (NGO) employee who lives in Jakarta admitted he also looked into buying a new car, but even with the discount offered by online marketplaces, new ones were still out of his budget.
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