The economic recovery of Argentina begins to leave traces of consumption and credit market, which, in turn, catapults the market of cars, especially in used cars, Who has just reached records that have not been seen since 1995This trend is directly related to the improvement of macroeconomic funds and credit reactivation thanks to the policy implemented by the government of Havier Miley. The plan of rigid economy, the deregulation of key sectors, the “cleaning” of the balance of the central bank and the end of monetization of the deficit again caused the provided banking sector. Good evidence of this awakening is the sales of cars that are absolutely dismissed. Although the part, which is acquired with a loan, is still weak, shows encouraging signs, while improving real wages and a drop in poverty are presented as a great hope to a sector that crosses the desert for many years.
As happens with housing and mortgage (a mortgage is provided again in Argentina), the case of the car stands out even more if it is suitable from bulky figures. The second car market in Argentina reached a historical brand in the first half of 2025, Become the best start of the year since 1995, when transfers began to officially register Among people. According to data published by the House of Automobile Trade (CCA), from January to June 918 404, cars were sold, which is 24.2% growth compared to the same period of 2024, when 739,398 units were sold. Fuel saving is accelerated due to the growth of real wages (inflation discounting) and credit reactivation.
The loan is growing strongly
According to the latest BBVA report on the economy of Argentina, one of the keys is the circulation of credit and consumption, the keys to the dynamism of the automobile sector and the economy as a whole. BBVA notes that today Argentina is an economy with great demand for sand To increase trust, binding of a loan and activity. In a specific expression, a loan in Peso increased by 117% -s -year until May, feeding the purchase power of households, while deposits have grown much less. This expansion of the loan was fundamental for the treatment of sales of long -term goods, such as vehicles, in context, where “re -equipment of real salary” has also become reflected in improving private consumption.
A deep change in monetary policy is added to this dynamics. The Argentine government reformulated its strategy, abandoning daily liquidity tools and by going to more ordered management of the deadlines with new tools. Such a transformation or cleaning of the balance of the central bank has created a more stable interest rate, which allows the loan to continue leaks without preventing savings. BBVA emphasizes that “activity continues to recover, emphasizing the noticeable heterogeneity between sectors… Promoting the requirement of a loan, which leads to the launch of a more detailed monitoring of the liquidity of the financial system. “
In parallel, the financial policy remained firm. The primary excess reached 0.8% of GDP in the first five months of the year, which is a clear sign of stability commitment. This discipline, along with the new agreement with the IMF, has clear doubts about the solvency of the public sector and returned part of the confidence in the financial system. The result is a larger capital income and flexibility of the exchange market, which excluded most of the restrictions that limited internal and external transactions.
Inflation, one of the main nonsense of the recent past, also took a break. In May, the monthly change was only 1.5%, the smallest since the time of the pandemic. These data, unexpected after the April flexibility of metabolism, enhance the panorama of stability and oxygen before consumption. According to the report: “The disinflation process progresses, exceeding expectation, and the re -impact of the economy occurs in the present in the scenario of positive real indicators.” It should be remembered that the rethinking of the economy is a process through which there is a genuine increase in demand for money that is not due to inflation, but the needs for investments and the consumption of companies and families. Something seems to happen in Argentina.
Employment and GDP
Another recovery engine was the effectiveness of employment and economic activity in general. BBVA notes that “GDP grew by 0.8% in the first quarter compared to the fourth quarter of 2024” and what is expected Annual growth of 5.5?%. Financial mediation and production of goods, such as vehicles, also regret, which directly helps to increase demand for cars, both new and used. All this led to the fact that GDP per capita in recent months has been growing with intensity.
In short, improving the loan in Argentina is not an isolated phenomenon, butL Refision of the economy that restores oxygenThe recording of used cars is a clear symptom: families again have the purchase power, and banks are ready to lend. All this is part of the economy, which, according to BBVA, joined the “phase 3” of its economic program, where growth begins to inspect on a stronger basis than in the past.
The trend continues. In addition to the extraordinary first semester, the June month was also especially noticeable, a total of 143 191 car sales operations, which is an eight -year increase of 15.6%. Although this figure was lower than May (when 154,830 transfers were reached), This is the best result over the course of the month of June over the past decade. “We have reached the historical semester. So many cars have never been used before, as there are official statistics, ”said Alejandro Lamas, Secretary of CCA.
The organization emphasizes several factors that are faced with a good point that the sector experiences: relative price stability, a great affordability of more aggressive vehicles and commercial politicians from concessionaires and importing companies.
