Sales of semi-new cars from car rental companies grew 26%.
São Paulo - The three largest car rental companies in the country - Localiza, Unidas and Movida - recorded an increase in the volume of used cars sold in the third quarter. According to their respective balance sheets, the sum of sales from July to September totaled 88.5 thousand vehicles. The result represented
a 26% increase over the performance recorded in the same period last year.
The company that sold the most units in these three months was Localiza, 45.5 thousand units in its used car network, a volume that represented a 24% increase over the third quarter of 2019. Unidas sold 28.7 thousand units, 60.5% more than the result from July to September last year. Movida sold 14.3 thousand units, 12.6% more.
The joint sales resulted in consolidated net revenue of R$ 3.6 billion in the period, a result 28.5% higher than that observed by the three companies in the third quarter of last year, when joint revenue was R$ 2.8 billion.
The three companies had signaled, at the end of the first semester, that the retail prices of vehicles would be maintained or increased during the pandemic. They also signaled that the pace of purchases of new assets would be slow in the year, a reflection of the slowdown in the economy.
In the third quarter, the combined purchase of new vehicles totaled 62.8 thousand units, with Localiza and Movida recording, in fact, a lower appetite and drop in volume compared to the same period last year. Localiza purchased 22.8 thousand units, a volume lower than the 60 thousand units purchased in the third quarter last year. Movida bought 18.2 thousand units, while in the third quarter last year, it had bought 19.7 thousand units.
Unidas increased purchases: 21.8 thousand units against 20.4 thousand units from July to September last year.