The cost of second-hand cars in Russia has been falling for the third month in a row; The price tag of new cars increased to 3.63 million rubles (+2.5%) in April, while it decreased to 2.07 million rubles (-2%). . This was reported by analysts of the Avto.ru Otsenka service.
Among new cars in April, the price tag fell the most on the Chery Arrizo 8 (-9.1%). It can now be purchased for 3.1 million rubles. Voyah Free also lost value (-8.5%), the car is currently sold for 6.3 million rubles. Cheap cars include Hongqi HS5 (-7%) and Moskvich 3 (-4.4%, 2 million rubles), which currently costs 4.6 million rubles.
Range Rover Velar (-4%), the price of which has fallen the most among used cars, is now sold for 5.1 million rubles, and the 3rd generation Range Rover (-3.5%) can be purchased for 2.3 million rubles. The price of the BMW 7er sedan 2019-2022 model years also decreased (-3%), Skoda Yeti (-3.4%), UAZ Patriot (-3%) and Lada Largus (-2.3%).
Before this, automobile experts saidIt was stated that the reason why passenger car sales in Russia increased by more than 80 percent in April 2024 was the “overheating” of the automobile market in the country. According to them, with the expectation that the recycling fee would increase, many cars were imported into the Russian Federation under gray plans, they had to be sold, sellers reduced prices, which affected the entire industry. In addition, promotions of Chinese cars assembled in Russia or imported through official imports continued.
Russians before said About four new parallel import products in May.
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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.