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Parallel import of cars from Europe is logically coming to an end

  • September 19, 2022
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A flurry of used cars from Europe, rolling into the domestic secondary market, not only blocked the need for premium models, but also partially “silenced” the middle class.

Parallel import of cars from Europe is logically coming to an end
A flurry of used cars from Europe, rolling into the domestic secondary market, not only blocked the need for premium models, but also partially “silenced” the middle class. However, the “life-giving well” has already become shallow and is quickly approaching complete drought. The reason is by no means officials with customs officers. Details are on the AvtoVzglyad portal.

Despite everything, the ruble has been standing at about $60 per dollar for more than three months, which opens up great opportunities for importing used cars from Europe, Japan, America and Korea. Especially from the Old World, where it is easier to tow a car for ideological and geographical reasons. Parallel or perpendicular, but this import has significantly increased the opportunity for many Russians to renew the family fleet. However, the most attractive option – the European one – has already become noticeably scarce.

Despite all the attempts by the local democracy, which is in Brussels, to block the flow of cars to Russia, the stranglehold of the sanctions mainly hit official dealers: the lack of new cars drove representative offices and their partner organizations “under the bank”, and increased private sellers to the top.

This has never happened before and here it is again. If it left somewhere, it arrived somewhere: upper-class used cars quickly filled empty spaces, professional salesmen actively and quickly set up “alternative” supply channels, and began to monetize in a decentralized way. To use an expression that has set the teeth on edge, the market has decided. And decided. Especially in the case of Europe.

Initially, the general European market did not notice a new buyer: for the first few months, prices remained at the same level, which allows you to buy very profitable cars for import into Russia. Judge for yourself: the difference with the internal price reached 500,000 in the mid-range, it is better not to mention the premium segment. However, such an influx of currency from a new source quickly affected the value of the supply, as an excess of money combined with the same and/or diminishing supply of goods will inevitably lead to inflation, i.e. to an increase in the prices .

Many European factories never reached full capacity after the pandemic, the purchasing power of the population declined, causing the price curve to skyrocket. The most popular cars have gone up in price, and it’s quite noticeable: the Volvo XC60 added about 3,000 euros to the price list, and the XC90 – more than five. Audi, when we talk about a “transient” three-five-year plan in the A4 class and above, has gone up in price by 5,000 euros at once, Mercedes and BMW – and even more.

Parallel imports, previously planned at $16 billion, are sure to exceed $20 billion. Not bad so “miscalculated” economists – “plus” 25%. But all the “foam” of the EU used car market will be collected by the end of the year, after which the choice of the least attractive options from the least greedy sellers will begin. It is worth understanding and accepting this, recognizing that the dollar and the euro will no longer be lower, the currency has stabilized, so now is the time to buy a car from Europe. Not the best, but not the worst yet. Furthermore, prices will only increase and the offer – both in terms of technical and quality features – will be worse.

Photo by globallookpress.com

Despite everything, the ruble has been standing at about $60 per dollar for more than three months, which opens up great opportunities for importing used cars from Europe, Japan, America and Korea. Especially from the Old World, where it is easier to tow a car for ideological and geographical reasons. Parallel or perpendicular, but this import has significantly increased the opportunity for many Russians to renew the family fleet. However, the most attractive option – the European one – has already become noticeably scarce.

Despite all the attempts by the local democracy, which is in Brussels, to block the flow of cars to Russia, the stranglehold of the sanctions mainly hit official dealers: the lack of new cars drove representative offices and their partner organizations “under the bank”, and increased private sellers to the top.

This has never happened before and here it is again. If it left somewhere, it arrived somewhere: upper-class used cars quickly filled empty spaces, professional salesmen actively and quickly set up “alternative” supply channels, and began to monetize in a decentralized way. To use an expression that has set the teeth on edge, the market has decided. And decided. Especially in the case of Europe.

Initially, the general European market did not notice a new buyer: for the first few months, prices remained at the same level, which allows you to buy very profitable cars for import into Russia. Judge for yourself: the difference with the internal price reached 500,000 in the mid-range, it is better not to mention the premium segment. However, such an influx of currency from a new source quickly affected the value of the supply, because an excess of money paired with the same and/or diminishing supply of goods inevitably leads to inflation, i.e. to an increase in prices. .

Many European factories never reached full capacity after the pandemic, the purchasing power of the population declined, causing the price curve to skyrocket. The most popular cars have gone up in price, and it’s quite noticeable: the Volvo XC60 added about 3,000 euros to the price list, and the XC90 – more than five. Audi, when we talk about a “transient” three-five-year plan in the A4 class and above, has increased by 5,000 euros in one go, Mercedes and BMW – and even more.

Parallel imports, previously planned at $16 billion, are sure to exceed $20 billion. Not bad so “miscalculated” economists – “plus” 25%. But all the “foam” of the EU used car market will be collected by the end of the year, after which the choice of the least attractive options from the least greedy sellers will begin. It is worth understanding and accepting this, recognizing that the dollar and the euro will no longer be lower, the currency has stabilized, so now is the time to buy a car from Europe. Not the best, but not the worst yet. Furthermore, prices will only increase, and the offer – both in terms of technical and quality features – will be worse.

Source: Avto Vzglyad

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