MOSCOW, April 4 – RIA Novosti. Prices for some used cars have increased in Russia, Izvestia reported, citing Avto.ru experts.
For example, the five-year-old Kia Picanto hatchback now costs an average of six percent more than it did in 2017 when it first went on sale. The price of the Mazda CX-5 crossover, in turn, has increased by five percent compared to the cost of a new car five years ago.
The Renault Sandero, Toyota Hilux and Land Cruiser Prado models showed growth of four percent, while the Hyundai Creta mini-crossover rose in price by two percent.
According to Vladislav Khainovsky, deputy general director for sales of used cars at AvtoDom, the rise in the exchange rate, the increase in VAT and the utilization fee forced car dealers to abandon “negative sales”. At the same time, three years ago, market participants fought for buyers, and sellers were motivated to work for bonuses from any transactions.
Earlier, Kommersant reported that in the first quarter of 2021, the cost of cars in Russia jumped by two to eight percent. Audi cars have risen on average by seven percent, Jeep – in the region of six to seven, Infiniti – by two to three percent. Domestic Lada increased in price by two percent, first in January, and then in March. Nissan's price in two months increased by about 0.9-3.3 percent, and in March the Qashqai and Murano crossovers added another 0.4-3.3 percent.