When will used cars in Russia stop becoming catastrophically expensive?
- October 4, 2023
- 0
Judging by the speed at which price tags change at the country’s dealers, a new car in Russia quickly turns into luxury. An alternative for citizens who, as
Judging by the speed at which price tags change at the country’s dealers, a new car in Russia quickly turns into luxury. An alternative for citizens who, as they say, are already stuck with changing “wheels” could be used cars, but they are also becoming catastrophically more expensive.
Average Russian prices on the secondary car market confidently exceed the bar that is now considered the upper limit of the segment of new “budget” cars. In this area, Russia’s AVTOVAZ is now, for obvious reasons, in splendid isolation.
At the same time, in some regions of the country, for example, in megacities, the cost of an average used car has become very close to the most affordable Chinese models, confidently leaving behind the market segment occupied by domestic passenger cars. Unfortunately, the reasons why this uncontrollable price increase could stop ‘right tomorrow’ are not visible.
Statistical calculations from various sources, which capture the state and trends of the domestic used vehicle market, often do not completely coincide. But in general terms they give a fairly objective picture of what is happening.
We analyzed various data and tried to answer the question: when will used car prices in the country slow down and will the car market reach some kind of equilibrium? Listen to the story about the processes currently taking place, and about the prospects for the future, in the next episode of the AutoVzglyad portal podcast. Here.
Average Russian prices on the secondary car market confidently exceed the bar that is now considered the upper limit of the segment of new “budget” cars. In this area, Russia’s AVTOVAZ is now, for obvious reasons, in splendid isolation.
At the same time, in some regions of the country, for example, in megacities, the cost of an average used car has become very close to the most affordable Chinese models, confidently leaving behind the market segment occupied by domestic passenger cars. Unfortunately, the reasons why this uncontrollable price increase could stop ‘right tomorrow’ are not visible.
Statistical calculations from various sources, which capture the state and trends of the domestic used vehicle market, often do not completely coincide. But in general terms they give a fairly objective picture of what is happening.
We analyzed various data and tried to answer the question: when will used car prices in the country slow down and will the car market reach some kind of equilibrium? Listen to the story about the processes currently taking place on it, and about the prospects for the future, in the next episode of the podcast of the AutoVzglyad portal Here.
Source: Avto Vzglyad
Donald Salinas is an experienced automobile journalist and writer for Div Bracket. He brings his readers the latest news and developments from the world of automobiles, offering a unique and knowledgeable perspective on the latest trends and innovations in the automotive industry.
