RIO DE JANEIRO, BRAZIL - A Mercado Libre survey shows that "only taking into account the vehicle's trade-in value, investing in a car could be an even more profitable business than investing in a fixed-term deposit."
The survey analyzed the average value of over 3,000 used cars published in December 2021, with a maximum age of 7 years and mileage of 85,000 km. The countries analyzed were Argentina, Brazil, Colombia, Mexico and Uruguay.
In the case of Uruguay, among the average of the analyzed models, the value of used cars increased 19.26% in pesos and . . .
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