Age of Fleet Falls as Imports at all-time high

PRESS RELEASE

Vehicle history and data expert CARTELL.IE reports today (November 29th) that the age of the fleet in Ireland is falling while the size of the imported fleet reaches an all-time high.

Cartell.ie first tracked the average age of all native private vehicles in Ireland (excluding imports) for each month between 1999 and 2017. Between January 2017 and November 2017 the fleet age has fallen by 75 days. Next Cartell.ie tracked the age of imported vehicles into Ireland for each month between 1999 and 2017 and found that between January 2017 to November 2017 the age of the imported Irish fleet has fallen by 112 days as buyers are bringing in newer vehicles.

Graph 1: Age of Private Fleet, Native fleet, Imports 1999 to 2017 (Source: Cartell Carstat)

The overall age of the imported fleet has fallen in 2017 but still stands higher than the native fleet. The age of the native fleet currently stands at 8.62 years while the age of the imported fleet stands at 9.02 years: which is the youngest recorded age for the imported fleet since July 2011. The overall age of the private fleet in Ireland (native and imported) stands at 8.7 years (3,181 days): representing a decline of 80 days since January 2017.

Cartell.ie next looked at the size of the imported fleet in Ireland for every month between 1999 and 2017 and found that the size of the imported fleet is now at an all-time high with 480,606 vehicles registered in Ireland after previous registration in a different country. The size of the private fleet (native and imported) stood at 2,289,922 on 1st November 2017.

John Byrne, Legal & Public Relations Manager, Cartell.ie, says:

The size of the private fleet in Ireland continues to grow but the age is declining: imports are reducing the age of the Irish fleet as buyers move up the years and bring in a car from the UK. Possibly buyers are importing newer vehicles without retiring older vehicles in the fleet – this may explain why the age is declining while the size is still increasing. The imported fleet now stands at nearly half a million vehicles. Buyers should be careful when importing a vehicle as it may carry a hidden history from another country – such as where the vehicle was previously written-off or still has finance outstanding on it, or was clocked.

ENDS

Notes for Editors:

Table 1: Size and Age of Private Fleet on 1st November between 2006 and 2017

Date Size of Fleet Age of Fleet Days Age of Fleet (Years)
01/11/2006 2011091 2268 6.2094
01/11/2007 2153439 2339 6.4038
01/11/2008 2250435 2439 6.6776
01/11/2009 2226866 2619 7.1704
01/11/2010 2226909 2765 7.5702
01/11/2011 2226300 2893 7.9206
01/11/2012 2219383 3037 8.3149
01/11/2013 2225541 3175 8.6927
01/11/2014 2215663 3209 8.7858
01/11/2015 2251916 3255 8.9117
01/11/2016 2297251 3239 8.8679
01/11/2017 2289922 3181 8.7091

 

Table 2: Size and Age of Private Fleet on 1st day of each month in 2017

Date Size of Fleet Age of Fleet Days Age of Fleet (Years)
01/01/2017 2279618 3261 8.9281
01/02/2017 2308334 3218 8.8104
01/03/2017 2315400 3203 8.7693
01/04/2017 2325607 3187 8.7255
01/05/2017 2323592 3188 8.7283
01/06/2017 2320602 3192 8.7392
01/07/2017 2310904 3201 8.7639
01/08/2017 2324284 3174 8.6899
01/09/2017 2316492 3175 8.6927
01/10/2017 2304485 3176 8.6954
01/11/2017 2289922 3181 8.7091

 

For further information please contact John Byrne on 087 4199018 or at john at cartell.ie or check out www.cartell.ie  for further information.

Cartell.ie was set up in 2006 to help buyers make an informed choice when buying a used vehicle – including imported vehicles – by providing a user-friendly and cost-effective vehicle data checking service. Cartell.ie is a totally independent company and fully Irish owned.

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