The most affordable car in Russia
The weighted average price of a new car in the Russian market reached 3.1 million rubles, sort of analytical agency “Avtostat”. Lada models remain the most affordable in the new car market in Russia.
AvtoVAZ based on the results of three quarters of 2023 reported Its sales increased by approximately 96 percent compared to the same period last year, and 245.6 thousand cars were sold in nine months.
The basic version of the compact Lada Granta sedan without ABS and with a single airbag is offered for 700 thousand rubles, but it is extremely difficult to find such cars on sale.
According to the official website of AvtoVAZ, St. There are only two of these sedans in dealerships in St. Petersburg, and in Moscow there is only one Granta for sale in a richer configuration for 1 million rubles. Prices for Lada Vesta in the capital start from 1.4 million rubles.
Alternative options
The Chinese brand Changan offers a compact Alsvin sedan comparable in size to Lada Vesta for a minimum of 1.75 million rubles and promises a discount of 60 thousand rubles when returning an old car for exchange. (compensate for the cost of the old car when buying a new car).
The larger Kaiyi E5 sedan, assembled at Avtotor in Kaliningrad, currently costs at least 2.1 million rubles. The car is equipped with a 1.5 turbo engine with 147 hp. and a modifier.
The relatively affordable U5 sedan is also present in the model range of the Chinese brand BAIC, whose products are also assembled in Kaliningrad. At the same time, the cost of BAIC U5 for the version with manual transmission is 2.04 million rubles.
The S5 sedan in the Omoda series will cost 2.3 million rubles without discounts and benefits. They promise to sell the S5 for 2.1 million rubles if you take out a loan and trade in the old car.
Next – migrations only
The most affordable compact crossover in the Chery model range, Tiggo 4 Pro, can be purchased in the basic version for 2.3 million rubles, 16-inch wheels and two airbags. Benefits and discounts for loans and exchanges are also available – taking them into account, the price will remain within 2 million rubles.
Prices for the previous generation Geely Coolray start from 2.3 million rubles, but a special price of 2.1 million rubles is also available if a number of conditions are met. The updated Coolray will cost at least 2.5 million rubles, taking into account all special offers.
Haval Jolion, assembled in the Tula region, which is expected to compete with Nissan Qashqai and Kia Sportage when entering the market, will cost the buyer at least 1.95 million rubles for a car with a 1.5 engine and manual transmission. There is no additional discount in the manufacturer’s price list for this model.
How to buy a car cheaper
Andrey Kamensky, marketing director of the Avilon automobile group, notes that automakers continue to use traditional methods of attracting customers and reducing car prices:
“You can get discounts when you trade in your car and various loan programs. “They continue to be actively promoted and supported by dealers.”
The size of the trade-in discount varies depending on the brand and model purchased. For example, for the Changan brand, the discount can range from 40 to 150 thousand rubles. The expert explains that for the Chery brand, the average rate is between 5% and 10%.
“In addition to direct discounts, we have a different system of benefits and offers. Direct discount (without any additional conditions) from 80 thousand to 350 thousand rubles, depending on the model, Evgenia Nikitena-Katsarskaya, head of the Chery press service in Russia, told socialbites.ca.
Changan’s press service confirmed that the company continues to conduct special offers and financial programs. Jetour stated that there are currently no discounts or special campaigns on its products.
“Official dealers provide discounts when buying a car on credit and applying for CASCO insurance.
“The situation varies for different brands, but on average taking a loan will help reduce the cost of the car by 10-15%, and a CASCO policy by 5-7%,” said the press service of Avtodom and Autodom. group of companies socialbites.ca. He told the Auto special center.”
The deficit in the segment is 1-2 million rubles
In current conditions in the new car market, there is a high demand for cars with a price of 1 to 2 million rubles, but among foreign cars there are almost no such offers due to logistics costs and legalization of the car in the Russian Federation. and other related expenses, points out Sergey Tselikov, general director of the Autostat analytical agency.
“The segment between Lada and foreign cars at a price of about 2.4 million rubles has been erased, there is almost zero supply.
This is explained by the complexity and high cost of logistics, customs clearance, payment of recycling fees and other payments, including brokerage services. And it turns out that a car that costs 1 million rubles in China costs 2 million rubles here,” explains Tselikov.
Previously, the demand in this segment was huge. The expert adds that there is no shortage of supply among more expensive cars.
“Demand for new cars still exceeds supply. The market will continue to grow, but not at such an active pace because it will be affected by the increase in recycling fees and loan interest rates.
I think that by the end of the year the new passenger car market will reach about 1 million cars, independent automotive industry consultant Sergei Burgazliev told socialbites.ca.
According to him, this year the second-hand car market tried to eliminate the shortage of new cars at the moment when citizens were able to pay off their debts at the end of last year and the beginning of this year.
It is very difficult to find a second hand car
Tselikov believes that the used car market is connected with the country’s parking lot of about 40 million cars, but in current conditions only professionals can buy a “fresh” car with low mileage, 1-3 years old.
“The prices of low-mileage, used, good cars have increased more than new ones; by about 50% in the last year and a half and there are very few options.
There is a good chance that a private buyer will purchase a “pig in a poke”. It is possible to find a car, but it will be difficult and expensive,” notes the expert.
Used car sales now significantly exceed new car sales: about 100 thousand new cars and 500 thousand used cars are registered in Russia every month, he adds.
“It is possible to buy a used car, but it is unlikely that it will meet all your expectations and be a pleasure to own,” Tselikov concluded.
Source: Gazeta
Anika Rood is an author at “Social Bites”. She is an automobile enthusiast who writes about the latest developments and news in the automobile industry. With a deep understanding of the latest technologies and a passion for writing, Anika provides insightful and engaging articles that keep her readers informed and up-to-date on the latest happenings in the world of automobiles.