Sale of cars through Diya: new trends and statistics of the car market
In September 2024, remote reregistration of vehicles through Diya became a noticeable phenomenon on the Ukrainian market. According to statistics, 15.5% of sellers took advantage of the opportunity to sell a car, moped or motorcycle without visiting service centers. This allows not only to save time, but also to avoid unnecessary bureaucratic procedures that were previously mandatory. Now this service is becoming more and more popular among Ukrainians.
Advantages of remote registration
One of the key advantages of remote registration through Diya is the absence of a need for a physical inspection of the car. Previously, to complete the sale procedure, an expert inspection of the vehicle was mandatory, which required additional time and money. Now, this stage can be skipped, leaving it at the will of the buyer or seller. It is important to note that this does not affect the security of the agreement, because all other requirements for documents remain valid.
How to use the service?
In September 2024, 12,400 car purchase and sale deals were made through Diya, which is 15.5% of the total number of deals.
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This indicates a stable demand for remote re-registration, although initially the indicators were somewhat lower. For example, in the first quarter of 2024, this share ranged from 10.6% to 12.5%. However, starting in April, there was a sharp increase in popularity, which led to a record in May of 24.5%.
This dynamic shows that Ukrainians are gradually adapting to new digital services and reducing their dependence on paper documents. Diya's popularity continues to grow, especially among car owners, who account for 94% of the total number of transactions in September. Motorcycles and mopeds make up only 5.7% and 0.3%, respectively.
Market trends and future prospects
Despite the fact that remote registration has already proven its effectiveness, a significant number of sellers and buyers still prefer the traditional method of re-registration through service centers. This may be due to a certain mistrust of digital innovations or to legal nuances that require additional consultation.
However, statistics show that the share of distance transactions is gradually increasing, and this trend is likely to continue in the future. Since the launch of the service, which took place in December 2023, 176,400 vehicles were reregistered through Diya. This result demonstrates that digital services in the automotive sector are becoming an integral part of the market.
Conclusions
Selling a car through Diya is becoming more and more popular among Ukrainians, offering a fast, convenient and safe way to complete purchase and sale agreements. This service continues to improve and gain popularity, which positively affects the general state of the car market in Ukraine.
If the trends in the popularity of remote services continue, it can be expected that the share of such transactions will exceed the indicators of traditional procedures through service centers in the future.
- The information in this article was prepared with the support of our partners Institute of Car Market Research.