Experts from the AUTOSTAT agency conducted a month over month comparison of used car prices, aligning the current data with the start of the year and presenting the result as an average price shift. The takeaway is clear: the average price for a used vehicle in the current period sits about 17% higher than the January benchmark. This gives buyers and sellers a tangible reference point to gauge how much a typical late model or older car has appreciated in value over the first half of the year, and it frames the market narrative for the midyear period in a way that is easy to digest for readers who want to understand the trend without getting lost in a flood of micro numbers. (Autostat)
To put it in concrete terms, at the start of 2022 the typical used car carried an average price around 1,049,000 rubles. By the middle of the same year, the price for a similar car had increased by approximately 175,000 rubles. That swing speaks to a market where demand remains robust, supply chains and availability continue to influence pricing, and depreciation curves behave differently than in new car segments. For consumers evaluating a purchase or a trade, this shift translates into a meaningful premium that must be weighed against ownership costs, condition, mileage, and resale prospects, highlighting why buyers often reassess their budget and financing options when scanning the market midyear. (Autostat)
When the analysis is extended to the same timeframe from the previous year, the price movement is even more pronounced: prices have effectively more than doubled, showing an increase of about 61 percent year over year. In monetary terms, this is roughly an additional 463,000 rubles on the average used car, a jump that can reshape purchase plans and financing physics for many households. This dramatic year-over-year rise underscores a broader market dynamic where scarcity, shifting consumer preferences, and the lag between new vehicle production and used vehicle availability push values higher, even as some segments or model years experience brief corrections or slower growth. For readers, the takeaway is not just a number but a signal about the direction of value, insurance costs, and potential future depreciation trajectories that matter for long term planning and resale strategy. (Autostat)
The AUTOSTAT team also notes that the general trend of rising prices for used cars has been persistent for roughly twenty months, dating back to September 2021. This long horizon includes periods of pause, with May and June showing the smallest adjustments in recent memory. Specifically, May recorded a modest decline of around 3% for the first time in a long stretch, while June displayed a minimal gain, hovering at about 0.1%. By July, price pressure resumed, and the ascent continued, illustrating a market that has moved through varying cycles yet maintained a clear upward tilt over the majority of the period under review. This resilience in pricing occurs despite occasional pulls in certain months, suggesting that underlying factors such as consumer demand, financing conditions, and model-year availability continue to exert a steady influence on overall pricing. For buyers and sellers, the pattern points to careful timing and diligent market scanning as key components of a successful transaction strategy. (Autostat)
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