Updated: 30/11/17 : 05:57:16
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motoring

Fleet age falls as imports hit all-time high

Vehicle history and data expert CARTELL.IE reports today (November 29th) that the age of the fleet in Ireland is falling while the size of the imported fleet reaches an all-time high.

Cartell.ie first tracked the average age of all native private vehicles in Ireland (excluding imports) for each month between 1999 and 2017. Between January 2017 and November 2017 the fleet age has fallen by 75 days.

Next Cartell.ie tracked the age of imported vehicles into Ireland for each month between 1999 and 2017 and found that between January 2017 to November 2017 the age of the imported Irish fleet has fallen by 112 days as buyers are bringing in newer vehicles.

The overall age of the imported fleet has fallen in 2017 but still stands higher than the native fleet. The age of the native fleet currently stands at 8.62 years while the age of the imported fleet stands at 9.02 years: which is the youngest recorded age for the imported fleet since July 2011. The overall age of the private fleet in Ireland (native and imported) stands at 8.7 years (3,181 days): representing a decline of 80 days since January 2017.

Cartell.ie next looked at the size of the imported fleet in Ireland for every month between 1999 and 2017 and found that the size of the imported fleet is now at an all-time high with 480,606 vehicles registered in Ireland after previous registration in a different country. The size of the private fleet (native and imported) stood at 2,289,922 on 1st November 2017.

John Byrne, Legal & Public Relations Manager, Cartell.ie, says, “The size of the private fleet in Ireland continues to grow but the age is declining: imports are reducing the age of the Irish fleet as buyers move up the years and bring in a car from the UK. Possibly buyers are importing newer vehicles without retiring older vehicles in the fleet – this may explain why the age is declining while the size is still increasing. The imported fleet now stands at nearly half a million vehicles. Buyers should be careful when importing a vehicle as it may carry a hidden history from another country – such as where the vehicle was previously written-off or still has finance outstanding on it, or was clocked.