In 2023, household expenditure on new or used cars in France was 38.33 billion Euros. Forecasted data from 2024 to 2028 indicates a gradual increase, reaching 39.78 billion Euros by 2028. The year-on-year growth rate remains steady at around 0.6% throughout the forecasted period, reflecting stable but modest demand. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at approximately 0.6%, highlighting a consistent trend in household spending on vehicles.

Future trends to watch for include:

Increased adoption of electric vehicles, possibly influencing spending habits.
Technological advancements and their impact on the automotive market.
Economic factors such as inflation and interest rates that might affect consumer spending capacity.