New car sales at 20-year low in 2016

A carDutch car buyers are increasingly opting for second-hand cars when they  go to replace their vehicles, the national statistics office CBS reported on Thursday.

Used car sales were five times the number of new car sales in 2016, the Financieele Dagblad said on Friday.

The CBS said 383,000 new cars were registered in the Netherlands last year, a 20-year low. Second-hand car sales approached two million last year, a 5% increase over 2015.

Sales of hybrid cars tumbled 46% to 30,000 as fiscal incentives were withdrawn in January of last year. However new incentives came into effect this month, spurring sales of hybrid cars in the final quarter of 2016.

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