Due to the rise in prices, 36.2 salaries were needed to buy a 0KM car

The average value of 0 Km registered an increase of 5% in April, similar to the rise of prices that has been taking place in the industry in the last two years, in most cases above the retail price variation index measured by INDEC.

Although in the year it accompanied on average the rise in prices in the rest of the economy, according to Acara, in the last 12 moving months the value of the reference model used for the calculation marked an increase of 71%, while in the salaries accumulated until last March -according to the Indec- was 55.1%.

Sources from Acara explained that, so far this year, in January 31.5 salaries were required for the purchase of a 0 km unit, in February 32.8 salaries and in March 34.5 salaries, accompanying the inflationary acceleration.

This need for savings has increased by 38% in recent months, according to the survey of figures from the entity that brings together the official dealers of all brands.

The evolution of this variable becomes more noticeable in the last 24 months, Already in April 2020, 17 average salaries were necessary to reach 0 Km, less than half of what is required now.

To compare the current level of acceleration in the prices of the automotive sector in the last three months, it is worth noting that the average ticket for a new vehicle went from $2,437,922 in February to $2,559,818 in March, according to list prices. , and to $2,687,809 in April.

In the same moving quarter, the official exchange rate evolved 4% and 26% in the last 12 months; while the parallel exchange rate did so by 2% and 44%, respectively.

The causes of the price rise

Sources from the national terminals explained, on the other hand, that the industry has been increasing its prices month by month between 4 and 7 depending on the range of models.

In this sense, the president of one of the best-selling brands in the local market explained that not only must the evolution of the dollar be taken as a reference -because although models produced in the country have a great integration of imported parts- but that in the last year there has been an increase in supplies and logistics.

In this regard, he gave as an example the exponential jump of some raw materials such as aluminum, which multiplied its international value since the middle of last year in a trend formed by the increase in demand due to the increase in production after the peak of the pandemic and which was deepened by effect of the war in Ukraine.

Something similar has been happening with logistics, for which the exponential increase in the cost of the container is taken as a reference, an added cost either to the importation of vehicles finished as the auto parts required by the entire industry.

To this was added the pandemic that was also felt in the fall in supply and the rise in prices in semiconductors -present in all vehicles with growing electronic and digital components-, which caused producers to turn to the high-end segment. range, above less advanced chips.

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