In September 2023, the average price of a used passenger car in Russia stood at 1,543,400 rubles. This finding comes from the analytic agency Avtostat, which notes that the figure surpassed the 1.5 million ruble threshold for the first time in the country’s used-car market. The milestone signals a broad shift in consumer demand and vehicle valuation, reflecting tighter supply and sustained buyer interest as the market rebalances after a period of volatility.
When compared to September 2022, prices have climbed by 23 percent, equivalent to an increase of about 289,000 rubles on average. In practical terms, second-hand cars in Russia carried roughly a quarter higher price tag over the course of the year, underscoring a significant year-over-year price acceleration in the pre-winter period.
The market dynamics behind these figures reveal a few lasting patterns. The most popular models in the mass-market segment for 2023 include brands such as Kia, Hyundai, Skoda, and Nissan. Demand remains robust enough that sales of used cars in Russia are estimated to be about eight times higher than new-car sales, illustrating a persistent preference for affordable mobility options among a broad buyer base. Market observers also point to a shortage of liquid, well-maintained vehicles—specifically those aged one to three years—which constrains supply and supports higher prices even as buyers search for reliable, low-kilometer options.
Broader affordability trends show that only a small portion of the population can finance a new car purchase. Recent figures indicate that roughly 3 percent of Russians have the means to buy a new vehicle, a statistic that reinforces the continued appeal of well-priced, used options as a practical alternative for most households. These patterns align with global shifts where used-car markets gain traction when new-vehicle affordability and financing conditions tighten, reinforcing resilience in pre-owned segments across diverse economies. (via Avtostat)