Business · Companies · 2 hrs ago

Jakarta’s Used Cars Are Being Sent to Markets Across Indonesia

Jakarta’s Used Cars Are Being Sent to Markets Across Indonesia

Jakarta has more used cars than its market can absorb as buyers shift toward new vehicles.

The surplus is pushing more cars registered in Jakarta, identified by B plates, to used-car markets in other parts of Indonesia.

The added supply gives buyers outside Jakarta more options and strengthens their ability to negotiate.

Dealers in those regions may need to adjust prices to compete with the incoming cars.

Some older models that have become less common in Jakarta, including the Nissan Juke and early Toyota Avanza, are still available in regional markets.

Car transport companies are moving more vehicles between cities as part of this redistribution.

The flow from Jakarta to regional markets is continuing, according to the used-car dealers’ association.

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What people are saying

Ricky PrawiroActing chair of the Indonesian Used Car Association
In big cities, used cars have piled up because people are switching from buying used cars to new cars. As a result, there is an oversupply in Jakarta. These used cars are then sent to the regions.
via CNBC Indonesia
What used to be a relatively high car price in the regions is changing; now many cars with B plates are coming in. So more cars from Jakarta are being distributed to the regions because supply here has become too piled up.
via CNBC Indonesia
These used cars are often moved to the regions. Now transport companies are also stepping up efforts to move cars from Jakarta to various regions.
via CNBC Indonesia