A representative from the Drome automotive platform notes a persistent rise in used car prices in Russia, averaging a 20 to 30 percent increase each year. This trend reflects a market where demand remains strong even as supply tightens, impacting consumers across the country and shaping the overall pricing landscape for pre owned vehicles.
Consequently, the cost of used cars with mileage has climbed by about 20 to 23 percent compared with the previous year, while vehicles with zero mileage in the Russian Federation have seen a larger jump of around 30 percent. In contrast, the weighted average price for new cars has dipped roughly five percent, signaling a complex market where supply chain dynamics, consumer expectations, and currency factors interact to push prices in different directions. These observations come from market data released by the source and illustrate how aging stock and fresh imports influence pricing stratification within the automotive sector.
Looking back to May 2022, the average price for used cars hovered near one million rubles. Today, the figure sits between 1.3 and 1.4 million rubles, a substantial rise that underscores ongoing depreciation pressures on the currency and shifting consumer preferences. Similarly, the price for used cars without mileage has advanced from about 1.5 million rubles a year ago to more than 1.8 million rubles in the current period, highlighting the premium attached to near-new condition and the limited availability of late model inventories.
As the ruble’s value weakened on the international stage, Chinese automakers began adjusting their suggested retail prices in Russia, aligning costs with the new currency realities and domestic market demand. Imports from abroad that fall within parallel import channels have also seen price increases, reflecting the broader impact of exchange rate volatility and logistical costs on retail pricing. For readers seeking deeper context on how these price shifts unfold, market commentary and analysis from sources such as Socialbites provide additional perspectives on the evolving cost structure of the Russian automotive market. (Source: socialbites.ca)