Buying a new car today is extremely unprofitable as the overpayment is 100%, and in some cases 200% and even 300%. The reason for this is not only the deficit and the sanctions.
Another reason new car prices break all records is that dealers try to keep quiet – they’re ashamed to talk about it. But in Alfa-Leasing, our publication was told about it.
Immediately after sanctions were imposed, dealers “finally” bought cars at the dollar/euro exchange rate, which is significantly higher than the current level. Therefore, making a discount now is a direct loss for the dealer. Some of them are confident that the exchange rate will return by the end of the year, so they are waiting for this moment with huge inventory balances.
Meanwhile, motorists switched to cars from the secondary market – with mileage. “Behind the wheel”, the oldest and most popular automotive publication in Russia, has already written that today motorists consider cars 2-3 years old as new.
The savings in buying a car on the secondary market are huge. The new BMW X5 in the cabin can cost 14 million, and a similar crossover one year old, but with low mileage you can find only 7 million rubles on the secondary market.
If you want to buy a car, it’s time to look for profitable options in the secondary market – you can save up to 50% on the cost of a car with similar consumer qualities. This is where expert advice comes in handy.
Dmitry Kudryavtsev, Alfa-Leasing Deputy Risk Director:
– Lexus, Toyota and other Japanese brands are the best cars in the secondary market. Their prices are much more attractive than in salons or dealers. The “Japanese” are also very liquid – their value is unlikely to change much over time. Don’t expect a price collapse – Japanese foreign cars are getting cheaper very slowly. Cozy on the market and two well-known Korean models: Kia Rio and Hyundai Solaris. Ford Focus, although it lost the championship to Japanese and Korean cars, is still one of the best options among used cars. The French Renault Logan and Renault Duster are selling well, and at a nice price – less than a million rubles.
Dmitry also told how to choose the right car with mileage. There are a few simple steps:
- Plan your budget: add 10% of the offered price to the minimum offer. It is not certain that you will spend this money, but it is always better to have a reserve. There are many questionable offers in the minimum price segment – you should consider them carefully, so use database checks – this will save time.
- Don’t focus on a particular make and model. There may not be any profitable offers for your needs at this time. Look wider, analyze alternatives and remember that the market is constantly changing, and so are prices.
- Carry out an initial inspection of the machine. Switch to proven specialist pick-ups that offer clear guarantees.
- Try to buy a car for the future – if you can profitably resell the car in the future, it will become not only a means of transport for you, but also a valuable asset.