Russians spent money on used cars last April 23% moreCompared to the same period in 2023. This is evidenced by data from the Autostat analytical agency. In total, in April 2024, dealers, dealers and private owners earned almost 602 billion rubles from the sale of used cars. Moreover, it is…
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“Prices will definitely continue to increase”: Russians flocked to the second-hand car market “Avilon”: Russians buy second-hand cars worth up to 500 thousand rubles 31.05.2024, 15:41
By
ANIKA
June 3, 2024
Russians spent money on used cars last April
23% moreCompared to the same period in 2023. This is evidenced by data from the Autostat analytical agency. In total, in April 2024, dealers, dealers and private owners earned almost 602 billion rubles from the sale of used cars. Moreover, it is a record level of 600 billion rubles. The Russian market exceeded its target for the second month in a row.
Representatives of large car dealer holdings told socialbites.ca that relatively new vehicles remain the most preferred second-hand cars for Russians, but due to their scarcity, cars older than five years are sold much more actively.
What do they buy?
“Buyers are particularly interested in cars that have a warranty and in brands and models whose dealers do not stop providing service and maintain the availability of original spare parts.
Compared with previous years, buyers have become more willing to consider cars that are more than 5 years old, Andrey Grishakov, director of the used car department of the Avtodom and AvtoSpetsTsentr group of companies, told socialbites.ca.
He also explained that the most desirable car for buyers is still about three years old. According to Grishakov, the Russians are trying to exchange their cars. (offset the cost of the old car when buying a new car)When major maintenance is imminent that requires significant expenses or when the cost of maintaining a particular instance increases.
Marketing Director of the Avilon automobile group, Andrei Kamensky, noted that in addition to relatively new cars that are traditionally popular among Russians with a budget of 2 to 4 million rubles, the most affordable cars are sold faster than others:
“It is worth noting the high turnover of cars worth up to 500 thousand rubles, which are sold several times faster than others.”
He added that “barter” is now actively used in the face of the rapid development of Chinese brands. According to the author of the YouTube channel “The Fox Rules” Elena Lisovskaya, the desire of Russians to get rid of European premium foreign cars in 2024 has diminished due to difficulties in servicing them.
“Once upon a time there was such a trend that premium European cars were replaced by Chinese LiXiang, Zeekr, Voyah, but now people are gradually calming down and began to actively carry used cars for people who are not ready for change. “To Chinese cars,” the auto blogger said in a conversation with socialbites.ca.
He noted that amid the sanctions there was a serious failure in the maintenance of European cars such as Mercedes-Benz and BMW, but the market adapted and found ways to ensure that these cars were repaired, which reduced the owners’ desire to buy cars. Getting rid of them.
second hand from china
Lisovskaya said that in the last six months people’s attitude towards ordering second-hand cars of European and Korean brands from South Korea has changed. Dealers also recently opened up the Chinese second-hand car market, but it was “terrible in terms of quality,” she said.
The history of Korean and European cars is much more transparent than that of used cars from China, even if they did not pass through the hands of unscrupulous dealers in neighboring countries. The auto blogger writes that car owners in China are characterized by a careless attitude towards the vehicle and its maintenance; At the same time, he warned that they should not hesitate to underestimate the mileage.
Dmitry Rogov, founder of the company RogovMobil, admitted that there are many unresolved problems in the supply of used cars from China. According to him, paying in China is difficult and cars with bad mileage are very common:
“Chinese people do not maintain their cars and drive them carelessly. Often once a car is offered for sale it is no longer marketable. It’s not something we’re used to here. “They also save money on maintenance and then sell machines that are not ready for use.”
Vehicle delivery from China requires selection and examination of the technical condition, but there is no infrastructure for this yet. However, some Russians prefer second-hand cars from China due to their low prices. As an example, Rogov cited Geely Monjaro, whose mileage is up to 100 thousand km and can be brought for 2.5 million rubles.
“In terms of quality of second-hand cars, the Chinese market is worse than the Russian market. If German or Korean sets an example, we should strive to do the same. “The Chinese example shows what should not be done,” the expert concluded.
Should I postpone my purchase?
Surveyed market participants agree that currently there is no point in postponing the purchase of a used car or ordering it abroad in the hope of lower prices: an increase in the recycling fee is expected, which will lead to an increase in the price of the new car. Cars and, as a result, second-hand vehicle prices will also increase facilities.
“According to analytical agencies, car prices in the secondary market have increased by 13-14% in recent months. They will definitely continue to grow,” Grishakov is sure.
He added that this was due to the economic situation as well as the increasing supply shortage.
“Cars will not become cheaper, on the contrary, we are constantly threatened with an increase in recycling fees. All imported cars will become expensive again and there is no reason to expect prices on the market to fall,” Lisovskaya confirmed.
“socialbites.ca” in detail
Wrote about a possible increase in the recycling fee and the impact of this measure on the Russian automobile market and on May 31
supports Ministry of Economic Development.
Market participants and experts told socialbites.ca that Russians this year began to actively buy used European cars that are more than five years old due to the lack of alternatives to Chinese cars. What situation has arisen in the secondary car market in the Russian Federation and whether you should rush to buy a used vehicle is presented in our material.
Source: Gazeta
