Used car entering peak season, what is a good used car to buy in March?

Mar 11, 2025
















Photo courtesy : carguy(www.carguy.kr)









Encar Dotcom (CEO Sangbum Kim), Korea's largest car trading platform, unveiled the market price of used cars in March 2025. The used car market price released this time is the result of analyzing the used car market price of popular 2022 models of domestic finished car brands such as Hyundai Motor, Kia, Renault Korea Motors, and KG Mobility, as well as imported car brands such as Mercedes, BMW, and Audi, based on Encar Dotcom Big Data. The driving distance standard was 60,000 km, and it was analyzed for accident-free vehicles.









March is the season to enter the peak season for used cars, and it is a time when demand for used cars increases according to social trends such as employment, admission, and appointment. The market price of major domestic and imported car models fell 1.18 percent month-on-month this month, showing a downward trend compared to January and February, when the season was off-season.





















In the full-fledged spring season, the market price of some models is likely to rebound. If you are a first-time consumer who plans to purchase the first car or does not have a large car purchase budget, it is worth considering a compact car model that has not yet fluctuated in market price.









Domestic car market prices fell 1.12% on average compared to February, while compact cars fell 0.63% on average. Hyundai Casper Inspiration edged up 0.04%, with Chevrolet The New Spark Premier down 0.88%, and Kia The New Ray Signature down 1.04%. Light cars are in constant demand in the used car market, and the market price can rise from late March to April, so now is a good time to buy, as the market price does not fluctuate significantly.









The popular models of mid- to large-sized cars are also attracting attention as the market price fluctuations have decreased compared to the previous month. Hyundai The New Granger IG 2.5 Exclusive fell 0.90% month-over-month and Sonata (DN8) 2.0 Inspiration fell 0.64%. Kia Sportage 5G 2.02WD Novles was up 0.05%, unchanged.







Some other large sedans and large SUVRV declines are noticeable. Kia K8 2.5 2WD Novles fell 2.59%, while Carnival 4G 9-seater Prestige fell 1.87% and Hyundai The New Palisades 2.2WD Calligraphy fell 1.53%.




▲Enka dotcom's 'market price for imported cars in March 2025' (Image courtesy =Enka dotcom)




Imported cars also fell 1.27% on average compared to the previous month due to a decrease in market prices compared to the beginning of the year. Among them, some SUV market prices fell more than other vehicles. Mini Cooper Classic Gen 3 fell 3.24%, Volvo XC90 Gen 2 B6 Inspiration fell 2.62%, and Volkswagen Tiguan Gen 2 2.0 TDI Prestige fell 2.18%. On the other hand, BMW X5 (G05) xDrive 30d xLine was down 0.05%, not much of a market change.




The popular German sedan Benz E-Class W213 E250 Avant Guard fell 2.04%, BMW 5 Series (G30) 520i M Sports fell 1.88% and Audi A6 (C8) 45 TFSI Premium fell 1.93%.




In the case of electric vehicles, market price fluctuations were not large compared to internal combustion locomotives. Hyundai Ioniq 5 Long Range Prestige and Tesla Model 3 Long Range rose 0.49% and 0.67%, respectively, while Model Y Long Range fell 0.46%.




March is traditionally the time to enter the peak season when used car transactions are active, and the market price in March this year has also decreased compared to the beginning of the year due to seasonal effects, said an official from Encar. "If you are a consumer with a small budget, in your 20s, or a newcomer to society, March may be the right time to buy."




Reporter Kim Hyung-joon hj.kim@carguy.kr











This article was translated by Naver AI translator.