Caoa's Chery Tiggo 5X Leads Used Car Market, Surpassing Toyota Yaris

Caoa’s Chery Tiggo 5X Leads Used Car Market, Surpassing Toyota Yaris

Written by Roberta Souza

Published on 12/01/2025 at 13:06

foto/reprodução: Divulgação

6 people reacted to this.

SUV Becomes Preferred Choice in the Used Car Market, Standing Out for High Profitability and Surpassing the Toyota Yaris

The used car market in Brazil has undergone an interesting transformation in the last months of 2024, with the Chery Tiggo 5X from Caoa emerging as the most profitable car, surpassing the traditional Toyota Yaris.

This SUV, produced locally, has won consumer preference, knocking down models that previously led sales, according to the newsmotor website.

Profitability and Market Performance with the Chery Tiggo 5X

The Chery Tiggo 5X presented an average price of R$ 105 thousand, with a gross margin of 10.5%, surpassing the Toyota Yaris Hatch, which recorded an average price of R$ 87 thousand and a margin of 10.1%.

ARTICLE CONTINUES BELOW

Trends in the Used Market

The Megadealer Study on Used Vehicle Performance (PVU) highlighted solid results for the used market in October, with the average sale reaching R$ 81,154.

The gross margin rose to 10.8%, and the average inventory turnover time dropped to 34 days, the lowest rate in years.

chery tiggo 5x - caoa - veículos usados - toyota yaris — photo/reproduction: Disclosure

Data from the National Federation of Automotive Vehicle Distribution (Fenabrave) shows that 1,073,409 used cars and light commercial vehicles were sold during the period, a significant increase compared to the previous year, which recorded 883 thousand units, representing a growth of 10.1%.

Return on Investment and Future Trends

The segment of lightly used vehicles up to three years old showed remarkable performance, with dealerships reporting a return on investment (ROI) of 69% and an average conversion rate of 18%.

These numbers underscore the attractiveness of the used vehicle market for investors and consumers. The success of the Chery Tiggo 5X not only led the market but also indicated a shift in buying trends among Brazilian consumers.

With the continued growth of this segment, the future looks promising for both brands and dealerships, reinforcing the presence of the Chery Tiggo 5X as a leader in the competitive used vehicle market.

1 Comment

most recent

older Most voted

Built-in feedback

View all comments

Fabrício B Aguirre

#112590

14/01/2025 11:54

É um baita carro, pelo preço que cobram. Ficam pouco tempo nas revendas. Quem procurar um da versão híbrida verá como vendem rápido.

Respond

Caoa’s Chery Tiggo 5X Leads Used Car Market, Surpassing Toyota Yaris

SUV Becomes Preferred Choice in the Used Car Market, Standing Out for High Profitability and Surpassing the Toyota Yaris

Profitability and Market Performance with the Chery Tiggo 5X

Trends in the Used Market

Return on Investment and Future Trends

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

Port of Rio receives the first 366-meter ship after a R$ 163 million dredging in the access channel of Guanabara Bay

Basalt-based cement can cut up to 80% of CO2 emissions in global construction, according to a study by UC Santa Barbara.

Mystery of the Mary Celeste, the ghost ship of 1872, may finally have been unraveled by science with a new chemical hypothesis

Cold front advances to the South of Brazil this Sunday with up to 150 mm of rain and a new polar mass drops temperature in three states

Macaúba has ceased to be a pest in the cerrado and has become a billion-dollar bet to supply planes and trucks, with Mubadala eyeing R$ 15 billion, vegetable oil, degraded lands, and sustainable fuel that still depends on future commercial-scale harvesting.

Caoa’s Chery Tiggo 5X Leads Used Car Market, Surpassing Toyota Yaris

SUV Becomes Preferred Choice in the Used Car Market, Standing Out for High Profitability and Surpassing the Toyota Yaris

Profitability and Market Performance with the Chery Tiggo 5X

Trends in the Used Market

Return on Investment and Future Trends

While an average building in London or New York takes three years to be completed, in China a 26-story tower went up in five days with about 100 workers, and the global modular construction market already moves US$ 95 billion per year.

A Chinese factory in Guangdong is assembling a humanoid robot every 30 minutes while Tesla, Figure, and Boston Dynamics still struggle to deliver 10 thousand per year.

Australia installs giant concrete structures on the seabed 800 meters from the shore to create an ocean intake for desalination that will draw in saltwater and produce 30 million liters of drinking water per day.

Secret chamber sealed 4,500 years ago found in the Pyramid of Khufu, and Hawass announces its opening to the world in 2026

A public school student single-handedly created a machine capable of treating water for up to 50 people using only solar energy. It was awarded third place at one of the most important science fairs in the world.

Germany installed vertical solar panels on a lake in Bavaria, and the result broke conventional logic: instead of producing energy at midday peak, the plant generates more early in the morning and in the evening, exactly when families turn on appliances and factories are in full swing.

While communities suffer from water scarcity and the advancing desert, women in Morocco use nets high up in the mountains to trap fog droplets, fill reservoirs, and transport drinking water through more than 10 km of piping.

The traffic sign with an arrow pointing down that confuses thousands of drivers may indicate an invisible risk on the road, and many people pass by it without understanding its true meaning.

Can you even convert your old car into an electric car with a ready-made kit?

The Brazilian Jeep Avenger will feature a gear lever, ambient lighting, and leather trim on the doors, and it will arrive in 2026 to compete with the Volkswagen Tera, Renault Kardian, and Fiat Pulse.

Renault Kwid bids farewell to Brazil: the model that was once the cheapest in the country lost ground after selling only 217 units in 2026, is removed from the brand’s website, and ends the trajectory of Renault’s electric compact in the Brazilian market.

New Michelin tire arrives in Brazil offering more durability, safety, resistance, and lower noise emission for sedans and SUVs, including hybrid and electric vehicles — meet the Michelin Primacy 5.

Port of Rio receives the first 366-meter ship after a R$ 163 million dredging in the access channel of Guanabara Bay

Basalt-based cement can cut up to 80% of CO2 emissions in global construction, according to a study by UC Santa Barbara.

Mystery of the Mary Celeste, the ghost ship of 1872, may finally have been unraveled by science with a new chemical hypothesis

Cold front advances to the South of Brazil this Sunday with up to 150 mm of rain and a new polar mass drops temperature in three states

Macaúba has ceased to be a pest in the cerrado and has become a billion-dollar bet to supply planes and trucks, with Mubadala eyeing R$ 15 billion, vegetable oil, degraded lands, and sustainable fuel that still depends on future commercial-scale harvesting.