Year-on-year, the number of new vehicles (0km) fell by 6%. Despite the monthly decline, the share of financed sales in 2025 remains above the previous year, with a 76.6% increase in the number of vehicles. The used car market, for its part, experienced a 24.4% drop in November compared to the previous month, recording the lowest share of the year in total transfers, at just 5.8% of the financed market. The report revealed that the number of used vehicles registered was 7,564, representing a 38.5% contraction compared to November last year. Buenos Aires, December 21 (NA) – The financing of new and used vehicles declined again in November, and in both cases fell to the lowest level of the year, according to data from the SIOMAA information system. In the second-to-last month of the year, a total of 22,536 vehicles were registered, representing 13.5% of new and used vehicle sales, which means about 10,000 less than October (32,540), according to the report accessed by the Argentine News Agency. Regarding the new vehicle market, the report noted that “the participation of new vehicle financing recorded a contraction in November, falling to 42.3% of total registrations”. On this, it specified that “this decline, caused by the year-end seasonal effect, led to the lowest share of vehicles registered since the beginning of the strong growth cycle at the end of 2024”. Thus, while 22,533 vehicles were registered in October, in November the figure fell to 14,972, representing a monthly decrease of 33.6%. In the year-to-date, the balance remains positive as there was an 18.4% increase in the total number of registered vehicles by November. Analyzing the data collected, SIOMAA highlighted at a general level “the relevance of financing to sustain demand when macroeconomic conditions allow it”. Regarding the sector's performance in recent weeks, they stated that “the dynamics in this segment align with the general contraction in credit due to year-end uncertainty”. In this context, the report detailed that in the accumulated composition of creditors for new vehicles, there is a slight recovery in the share of the brand's financial company, which reached 41% of the total vehicles in 2025 (vs. 26% in 2024). Meanwhile, the share of the savings plan continues its decline, falling to 44% (vs. 54% in 2024).
