The used car market also collapsed.

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According to Droma statistics, demand for used cars in the Russian Federation fell by 11% in November compared to the previous month, after falling by 8% in October compared to September. According to Avtostat, the used car market will open in October decreased by 23.8% compared to a year earlier and by 5% compared to September.

At the same time, the cost of cars has not yet fallen. In fact, in November, the average cost increased by 2.6% compared to the previous month, amounting to 970 thousand rubles. (in October – 945 thousand rubles, in September – 967 thousand rubles).

The supply on the secondary market has not expanded since the beginning of autumn. Now, as expected, there are not enough “fresh” models – up to three years old and costing 1 million rubles. The choice of more expensive cars is somewhat wider.

Prices generally depend on the purchase price of the car, which market party and how it was purchased.

Parallel input

Among other things, the situation with prices is affected by low-mileage cars, most often these are new cars imported through parallel imports, they are offered for sale as used. Due to the offers of professional sellers, the average used prices are rising.

Nevertheless, such cars remain few and far between, and liquid offers on the secondary market are becoming less and less due to the reluctance of Russians to sell their cars in the face of a shortage of new models.

Source: Commercial

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