August saloon registrations up 29%, buyers opt for second-hand cars

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By Stelios Orphanides

Saloon car registrations rose 29 per cent in August, to 2,645, compared to the respective month of 2016, the statistical service said.

The number of new saloon registrations dropped an annual 10 per cent last month, to 705, the lowest since April 2015, Cystat said in a statement on its website on Friday. The number of second-hand saloon registrations rose 53 per cent to,1,940.

In January to August, total saloon registrations rose 30 per cent, to 23,996, compared to the respective period of 2016 — 9,377 new cars and 14,619 — which rose 8 per cent and 50 per cent respectively, Cystat said.

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About Author

Stelios Orphanides is a journalist at CyprusBusinessMail.com. To contact Stelios Orphanides: [email protected]

  • Kevin Ingham

    A county without a comprehensive and joined up public transport system will always need cars and the fact of the matter is that UK second hand cars are ludicrously cheap compared to the RHD equivalent in Cyprus.

    So import your car from the UK (where the bizarre contract hire market has reduced the cost of second hand to a stupidly low value) pay the required registration fee and you are quids in- especially with the exchange rate as it is