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In November, used car prices in Russia rose by 26%

  • November 27, 2023
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The average cost of a used passenger car on the Russian market increased again in November. For example, compared to October, the increase was 4%, and compared to

In November, used car prices in Russia rose by 26%

The average cost of a used passenger car on the Russian market increased again in November. For example, compared to October, the increase was 4%, and compared to the last autumn month of last year, it was all 26%.

As the agency Avtostat reports with reference to its own review “Monitoring prices on the secondary market”, the average price of a used car in November was 1,583,000 rubles. Experts note that compared to October, this figure increased by 4% – 65,000 “wooden”. And compared to November 2022, used cars have increased in price by 26% – or as much as 325,000 rubles.

Depending on various criteria – make, model, year of manufacture, etc. – the price of used cars naturally changes differently, Autostat analysts note. For example, a three-year-old Kia Rio has become more expensive by no less than 46% in the past year, a five-year-old LADA 4×4 SUV has become more expensive by 18%, and a seven-year-old Nissan Qashqai crossover has increased in value by 28%.

As the agency Avtostat reports with reference to its own review “Monitoring prices on the secondary market”, the average price of a used car in November was 1,583,000 rubles. Experts note that compared to October, this figure increased by 4% – 65,000 “wooden”. And compared to November 2022, used cars have increased in price by 26% – or as much as 325,000 rubles.

Depending on various criteria – make, model, year of manufacture, etc. – the price of used cars naturally changes differently, Autostat analysts note. For example, a three-year-old Kia Rio has become more expensive by no less than 46% in the past year, a five-year-old LADA 4×4 SUV has become more expensive by 18%, and a seven-year-old Nissan Qashqai crossover has increased in value by 28%.

Source: Avto Vzglyad

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