Russians started buying cars, fearing rising prices

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In Russia, an increase in so-called “emotional purchases” was recorded in the automobile market in March. In this respect reports “Kommersant”. Buyers have flocked to buy cars as they fear price increases due to changes in import rules from EAEU countries, possible exchange rate volatility after the Russian presidential election and the cancellation of discount programs. In such cases, cars were purchased even on credit at 20% per annum.

According to Nikolai Ivanov, director of Rolf’s new car sales department, dealers expect sales to not decline at least in April. It will be a similar outlook to March as there are still cars on the market at older prices. However, he believes that the discount policy will not change in April.

Evgeniy Zhitnukhin, head of the dealership department of the Fresh car market, confirmed to the building that the discounts will continue, since there are still cars produced in 2023 in the warehouses.

At the same time, according to Avtodom general director Andrei Olkhovsky, car prices may increase by 20-25% due to changes in the rules on the import of foreign cars from the EAEU countries.

in the Russian Federation changed The procedure for calculating the amount of payment for the import of cars from the countries of the Eurasian Economic Union (EAEU) to the Russian Federation. The relevant decree of the Russian government came into force on April 1. Therefore, taxes and duties that are no longer paid due to understatement of the customs value of cars imported from EAEU countries to the Russian Federation will be taken into account as part of the recycling fee. Nothing will change for citizens and companies importing vehicles from the member countries of this union with the customs clearance procedure directly in Russia.

In addition, the customs clearance procedure for electric motor vehicles imported from EAEU countries must now be carried out in the Russian Federation.

Previously in detail “socialbites.ca” saidWhat will happen to foreign car imports after April 1?

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