The July snapshot of Russia’s automotive market shows a clear winner in the economy class segment: the Kia Rio, which topped sales among used cars in this category. This finding comes from Izvestia, citing the Avto.ru Business service as the source of the data.
According to the report, the Kia Rio dominates the economy class with an average price of 1.38 million rubles. It is followed by the Lada Granta, which commands an average price of 693 thousand rubles. Rounding out the top trio is the Lada Vesta, priced around 1.11 million rubles. These figures illustrate the ongoing demand for affordable, practical vehicles in the secondary market and indicate consumer preferences leaning toward budget-friendly models that balance reliability with low ownership costs.
In the mid-size segment, Toyota Camry emerged as the leading model in July, supported by an average market price of 2.89 million rubles. In the luxury or premium category, the BMW 5 Series achieved the top position, with its average price around 4.11 million rubles. The data underscores a wide spectrum of buyer interests, from pragmatic daily drivers to premium sedans, reflecting the diverse needs of Russian car buyers during the month.
A market dynamics note from the experts pointed out that the typical selling timeframe for vehicles from professional dealers lengthened slightly in July, moving from an average of 32 days to 34 days. This shift could reflect broader seasonal patterns, inventory adjustments, or changes in demand timing as consumers respond to price movements and model availability in the showroom windows.
On a broader scale, the data on vehicle parking availability as of July 1, 2024, shows Russia with a total of 55.06 million parking spaces. Of this total, passenger cars account for the lion’s share, numbering 46.81 million units and representing the majority of the country’s daytime automotive presence. Light commercial vehicles contribute 4.22 million units, while trucks total 3.66 million. Buses remain the smallest segment, with 0.37 million units across the nation. These figures offer context for fleet composition, usage patterns, and the density of vehicle ownership across regions.
In terms of new car pricing, the national average for July 2024 stood at 3.57 million rubles, marking a slight month-over-month decrease of about 1 percent. This cooling trend mirrors broader market signals, where manufacturers and dealers often adjust pricing in response to demand, exchange rate fluctuations, and the competitive landscape among automakers. When compared with July 2023, the average new car price in Russia shows a more than 6 percent decline, underscoring shifting affordability and consumer sentiment in the period.
Earlier reports highlighted a popular model expectation for 2024: the Tiggo 7 Pro Max from Chery. Projections indicated that this particular model could become the most popular Chery model in Russia during the year, reflecting the brand’s strategy to expand its footprint in the region through value-driven offerings and a broader dealer network. Such trends illustrate how prospective buyers weigh not only price, but also brand perception and available after-sales support when choosing a new vehicle.