The analyst explained which cars dominate the secondary market in Russia

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The second-hand car market in Russia is still dominated by Japanese and German products. This situation was reported to the agency hit liner Alexey Mukhanov, head of the research and customer analytics group at Avto.ru.

Japan’s share reaches 25% (2 points lower than in July 2023), Germany’s share reaches 22%, and the domestic automobile industry accounts for 18%.

According to his forecast, visible changes in the used car market will be noticeable in two to three years, and Chinese cars purchased in 2022-2023 will begin to appear here. So far their share has reached 3.5%.

As for prices, the leading position is still occupied by cars with prices ranging from 800 thousand to 1.5 million rubles (21%). At the end of 2023, the top 5 were Hyundai, Toyota, Mercedes-Benz, Kia and Volkswagen.

Before reportedHe said that in February, Russians gave 101 thousand loans for car purchases. This figure is the highest in the last five years.

Previously compiled Portrait of the average Chinese car buyer in the Russian Federation.

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