15 April 2025

The Boom of the Used Car Market: A Strategic Lever for Banks and Leasing Companies

A Market on the Rise: 2024 Marks a Turning Point

2024 has confirmed a now structural trend in the Italian automotive landscape: the used car is no longer a second choice, but a conscious preference. With over 3.1 million ownership transfers and a growth of 8.3% compared to 2023, ACI data reveals a profound transformation in consumer behavior.

The increase has affected the entire country, but some regions recorded particularly strong performances: leading the way is the Veneto region (+11.5%), followed by Umbria (+11.4%) and Lombardy (+11.3%). In terms of volume, the regions with the highest number of ownership transfers were Lombardy with 500,126, Lazio with 311,220, and Campania with 285,335. The only exception was Trentino-Alto Adige, which saw a 10% decline compared to 2023.

Driving this growth are factors such as the push towards economic sustainability, the urgency to quickly acquire a vehicle—considering the long waiting times for new models—and the overall convenience of used vehicles.

An Opportunity for the Financial SectorAn Opportunity for the Financial Sector

This scenario represents a strategic lever for banks and leasing companies, which can tap into this growing demand by leveraging their corporate fleets. Vehicles reaching the end of contract or repossessed assets, if properly managed, can become an immediate source of liquidity and a key contributor to overall profitability. The market is active and looking toward used vehicles with great interest: it is therefore the ideal moment for financial institutions to turn operational needs into competitive advantages. However, to maximize the value of these disposals, it is essential to rely on a specialized partner such as Gobid Group.

Turning Necessity into Value: The Expertise and Innovation of Gobid Group

In a rapidly expanding used vehicle market, the disposal of corporate fleets presents a valuable opportunity for banks and leasing companies. Entrusting the sale of these types of assets to Gobid Group means transforming a “liability” into a value-generating opportunity—with the guarantee of professionalism, transparency, and concrete results. A strategic ally for financial institutions in the management and enhancement of company vehicles from leasing or corporate fleets.

Gobid Group, thanks to its team of professionals with proven expertise in the management of repossessed assets—such as real estate, industrial equipment, registered vehicles, and boats—is able to guarantee a transparent and competitive online auction process, supported by a multichannel marketing strategy aimed at achieving the best possible sale outcome.

Our end-to-end management of the sales process—from defining the commercial strategy to post-sale services—the activation of targeted and high-performing promotional campaigns designed to ensure maximum visibility of the assets worldwide and to reach the right target audience, along with efficiency and speed in liquidation times, represent our key strengths. These qualities make us a strategic and reliable partner for banks and leasing companies.

One of our most recent success stories in the sector clearly demonstrates this: the sale of 40 recently registered commercial vehicles from a corporate fleet originating from a leasing contract.

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