Due to the weakening of the ruble, the prices of new cars officially sold in Russia will increase by at least 5%, and the prices of cars imported within the scope of parallel imports will increase by 10%. This forecast was given by Oleg Moseev, the founder of the Automarketer project, in a conversation with socialbites.ca.
“If we maintain the current ruble exchange rate, I think there will be at least a 5 percent increase in prices within 2-3 months. Then everything will depend on how quickly the stocks of 2024 cars run out,” said Moseev.
The expert added that, according to various estimates, 700-800 thousand cars produced in 2024 are accumulated in warehouses in Russia, and this factor will prevent automakers from significantly increasing prices, because these cars must be sold.
According to Moseev, unlike officially imported cars, cars coming to Russia through parallel and “gray” imports will immediately be reflected in the decline in the ruble.
“The ruble exchange rate fell by 10 percent last week and was declining before that. Therefore, the prices of cars from parallel imports will increase by 10-15 percent, there is a direct dependence on the exchange rate,” concluded Moseev.
Russians before in the name Regions with the cheapest cars.