Used cars in Russia have become significantly more expensive in 2022, with prices climbing by more than a third overall. The typical price for a used vehicle reached 1.325 million rubles on average. By comparison, December 2021 saw these cars selling for around 970 thousand rubles, meaning the annual increase reached about 335 thousand rubles, equivalent to a 37 percent rise.
This surge in secondary-market values is not uniform; the age and model of the car heavily influence how much the price has moved. Three-year-old vehicles saw an average price gain of 39 percent, while seven-year-old models rose by about 32 percent. These patterns illustrate how younger assets tend to appreciate more sharply in a market experiencing tightening supply, shifting consumer demand, and macroeconomic pressure on new car availability.
To illustrate the spread across popular brands and vehicle ages, a five-year-old Hyundai Solaris became 26 percent more expensive in this period, while a similarly aged Volkswagen Tiguan increased by 35 percent. These examples show how price momentum varies by model and segment, reflecting factors such as brand reputation, fuel efficiency, maintenance costs, and perceived reliability among buyers in the region.
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