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The prices of used cars in Russia began to decline

Prices on used cars in the Russian market reduced the second month in a row. The number of proposals for the sale of cars with mileage is only growing.

On the Russian market of used cars has been stagnation, although prices on the secondary market are falling: in July of this year, the average price of a car decreased by 6% compared to last year and by 1% by June 2017 and amounted to 566 thousand.

The average age of the car for a year gained more than half a year: if in July of 2016 on the Internet marketplace for pre-owned Cars.ru, it was 9.7 years, at the end of July 2017 rose to 10.4 years.

The most popular on the secondary market are still the models of Lada. Followed by Toyota (7%), followed by Volkswagen. However, the highest demand for used cars falls on the Hyundai, and offers the sale of cars of this brand less than queries about the purchase.

In the first ten demand and supply in the secondary market included: Lada, Toyota, Volkswagen, Hyundai, Nissan, Ford, Mercedes-Benz, Chevrolet, Kia and BMW cars of these brands take 62% of the market.

Most of the proposals for the sale falls on a Ford Focus, and in the top 10 included 8 models of Lada. However, if you look at what car buyers are looking for, the picture looks different. The leader here is Ford Focus, but the top ten included only two models of Lada (and 2114 Priora), and then the Focus is located Hyundai Solaris, Kia Rio and Opel Astra.

This files most often on the secondary market are sold sedans: they account for 41.8% in volume of supply, and 40.2% — in the demand.

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Photo: Yuri Smityuk/TASS

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