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Bad news for WeBuyCars and Weelee in South Africa | SA News

The used car market is experiencing a drop in sales as consumers shift back towards new models.

This reversal in motorist buying habits is largely thanks to the influx of affordable imports from countries like India and China, which are able to cost-effectively compete with pre-owned cars.

This is according to TransUnion’s latest Q1 2025 Mobility Insights Report, which suggested more new vehicles are being sold as buyers would rather purchase a new Chinese car at the same price as a second-hand premium unit. 

The…

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