For the past month, the cost of cars on the secondary market has been falling and some models may fall in price by 25%, says Nikolai Vavilov, specialist in Total Research’s strategic research department.
“As for the prices for cars from Western car manufacturers, here the price reduction will only start after at least a rough understanding of the timing of the return of companies to Russia, but the current prices for the remains of warehouses of European car manufacturers will still don’t stay as they are,” quotes the Prime agency. » words of an expert.
Vavilov does not expect a price increase after the return of world companies to the Russian market (to compensate for lost profits). On the contrary, to stimulate demand, retail prices would have to be cut by a quarter.
Price growth, as noted by some analysts, is halting – the cost of cars is already so high that demand for them has fallen, stabilizing the market.