Indonesian Political, Business & Finance News

Used Cars Remain Stable Amid Price War Over New Car Models

| | Source: KOMPAS Translated from Indonesian | Economy

Jakarta – As the price-war trend in new cars continues into early 2026, the used-car market shows resilience, particularly in the commercial-vehicle and family-car segments. Auction houses have become one of the barometers indicating that not all lines have been affected by aggressive discounting in the new-car market. ‘This is because prices are formed openly through the open bidding mechanism that directly reflects the balance of supply and demand,’ he said. Deny also noted that utilitarian vehicles, such as light commercial pickups for business operations and MPVs for daily mobility, remain sought after by buyers. ‘Demand remains strong for vehicles with clear functions, such as light commercial vehicles and family cars at competitive prices,’ he said. ‘In other words, the used-car market is more influenced by usage needs than by mere trends in discounts on new cars,’ he added. Prices are formed transparently based on direct offers from auction participants, thereby reflecting the market’s true conditions. When demand for commercial vehicles and family cars remains high, prices tend to stay relatively stable due to the balance between supply and buying interest. This phenomenon demonstrates that the used-car market has a different character from new cars. For small business operators and young families, vehicles with competitive prices and clear utilitarian function become a priority, regardless of the price wars in new-car showrooms.

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