Barbados Car Sales Data

Sales of New Cars In Barbados – Data, Trends, Charts & Analysis

Here you will find annual car sales figures for Barbados. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).

These figures come from unconfirmed sources and can vary slightly from other data you may find elsewhere. Despite our best efforts to find the most reliable data, we can’t guarantee 100% accuracy, unless a specific source is mentioned below the table. Still, we’re confident the provided data is sufficiently indicative of the size and trend of the market to be published as such. If you have access to a confirmed source of Barbadian car sales figures, including a split between Passenger Cars and LCVs, or data going back before 2005, please get in touch with us

Barbados Automotive Sales Data & Recent Highlights

As you can see, the Barbados car sales market has been relatively stable in recent years. There has been some fluctuation, but overall the market has been growing at a slow but steady pace. There are a number of factors that have contributed to the stability of the Barbados car sales market. These include the strong economy, the growing tourism industry, and the relatively high disposable income of Barbadians.

The strong economy has led to an increase in demand for cars, as people have more money to spend. The growing tourism industry has also created a demand for cars, as tourists need a way to get around the island. And the relatively high disposable income of Barbadians means that they can afford to buy cars. However, there are some challenges that the Barbados car sales market faces. These include the high cost of cars, the high import duties, and the limited availability of financing.

The high cost of cars is a major barrier to entry for many Barbadians. The average car price in Barbados is about $30,000, which is significantly higher than the average income. The high import duties also add to the cost of cars, making them even more unaffordable for many people. And the limited availability of financing makes it difficult for people to get loans to buy cars.

Despite these challenges, the Barbados car sales market is expected to continue to grow in the coming years. The strong economy and the growing tourism industry are expected to continue to drive demand for cars. And the government is taking steps to address the challenges facing the market, such as reducing import duties and increasing the availability of financing.

Interesting Barbados New Car Sales Stats

• Best Sales Year Volume: 4,380 sales units
• Worst Sales Year Volume: 2,400 sales units
• Average Sales Per Year: 3,132.6 sales units
• Total Sales Units (since 2005): 50,121 sales units

Top 5 Most Popular Automotive Brands In Barbados

Here are the top 5 car brands sold in Barbados. These brands have been consistently popular in Barbados for many years. They offer a wide range of models to choose from, and they are known for their reliability and affordability.

1. Toyota
2. Nissan
3. Hyundai
4. Kia
5. Honda

Barbados New Motor Vehicle Sales Data

Barbados New Motor Vehicle Sales Chart

Sources: Manufacturers, ANDC, JATO Dynamics.