In Russia, an increase in prices for used cars was recorded

In Russia, an increase in prices for used cars was recorded

Experts from the company Automama, which specializes in the retail sale of used cars, conducted a study, which led to a disappointing conclusion. According to them, prices for used cars have noticeably increased in the Russian market recently.

In Russia, an increase in prices for used cars was recorded

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According to experts, the average cost of a used car from among the 20 most popular models in the domestic Russian market at the moment is about 744,000 rubles. This, the authors of the study emphasize, is 21,000 rubles more than was recorded in July 2020 and as much as 34,000 rubles more than in May of the same year. At the same time, in comparison with 2019, the average price tag for used cars in Russia increased by as much as 72,000 rubles.

In addition, experts note that until the end of this year, the trend towards an increase in prices for used vehicles in the Russian secondary car market will continue. If the baseline scenario of their forecast is implemented, in which the ruble exchange rate will remain unchanged, and the authorities will not import new restrictive quarantine measures, the cost of used cars will increase by another 3-5 percent.

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