Russians are buying fewer used cars

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Second-hand car sales in Russia decreased in September. In this respect reports “Kommersant”.

According to the publication, sales may have decreased by approximately 10% compared to August. The reason for the decrease in sales was increasing prices and loan interest rates.

It is stated that the demand for second-hand cars only continues to increase on an annual basis. Vladimir Zhelobov, director of used car sales at Avtodom and Autospetscenter, told the publication that the overall growth in second-hand car sales compared to last year was about 20%.

Average price of a used car in Russia in September 2023 amount 1 million 543.4 thousand rubles. If we compare the current figure with the figure in September 2022, since then the average price of a used car has increased by 23%, that is, 289 thousand rubles. In other words, the price of second-hand cars in Russia increased by a quarter during the year.

Previously reportedIt was stated that the average price of second-hand crossovers and SUVs in Russia increased by 30.3% in the third quarter of 2023.

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