The average cost of second-hand Japanese cars, which are not subject to an export ban to Russia, has increased by 21 percent in the last six months. The prices of second-hand cars, whose export to Russia was banned by the Japanese authorities, increased by 20% in the same period, and the price of new cars in the same category increased by 27%. In this respect report “Izvestia” refers to a study on the auto portal “Drom”.
“The cost of so-called almost new cars without mileage in the Russian Federation increased by 27% – from 1.74 million rubles to 2.2 million rubles. It is interesting that the cost of used and approved-used cars has increased almost equally,” Droma analyst Tatyana Makeeva is quoted in the publication.
The cost of cars that do not fall into the prohibited category was on average 580 thousand rubles in June 2023 and 703 thousand rubles in November. The average cost of second-hand cars in the prohibited category increased from 1.47 million rubles to 1.77 million rubles in the same period.
Japan from August 9, 2023 prohibited Exports of cars with engine displacement of more than 1.9 liters to Russia.
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