Volkswagen

Affordability in Czechia's Aging Car Fleet

Although the used car market demands more cash from consumers in the Czech Republic than in surrounding nations, it still thrives due to the comparative unaffordability of new cars. Emblematic of the issue is the popularity of the Škoda Octavia, particularly its first generation, where its availability makes it cheap and accessible. In addition, Japanese and Korean imports also populate Czech streets, making for an even more competitive used car market vs. the new car market. Even with attempts to tax used cars for being older and out-of-compliance, they remain a popular choice for the Czech population.