Russian Car Market August 2023 Prices: New and Used Averages

The average price for a new car in the Russian market in August 2023 stood at 3.9 million rubles, while a used car under fifteen years old averaged about 2 million rubles. This snapshot comes from Avto.ru data cited by Izvestia, reflecting shifting values across both new and pre-owned segments. In the newer-car category, the Moskvich 3 emerged as the most expensive among affordable entries with an average price around 2.3 million rubles, marking a notable rise. The model gained about 12 percent in value during August. Right behind it was the BAIC X35, a Chinese compact that climbed roughly 11 percent to an average of 2 million rubles. In third place, the Kia Carnival posted an approximate 11 percent price increase, reaching 5.7 million rubles on average. These movements illustrate the momentum in price growth among several popular body styles and brands in the current market conditions. (Izvestia via Avto.ru)