In Russia, used cars rose 42 percent in January-October almost 1.5 times – in January-October, cars have risen in price by 42 percent compared to the same period last year, writes Autonews, citing a study by Avito.Avto.
Such cars cost an average of 930 thousand rubles. In some Russian regions, prices for used cars have increased even more. For example, in St. Petersburg they have risen in price by an average of 60 percent, in Novosibirsk – by 55 percent, in Moscow – by 54.
The reason is associated with a shortage of new cars amid the crisis in the supply of electronic auto components. The most popular used car in the first ten months of the year was LADA Granta. On average, it costs 395 thousand rubles (plus 25.4 percent). In second place is Hyundai Solaris, followed by KIa Rio.
Earlier, Deputy Head of the Ministry of Industry and Trade of Russia Vasily Shpak said that the gap in the supply chains in the supply of electronic components for the automotive industry would grow, and there would be more and more problems associated with this. He believes that the most important thing for the car market is import substitution and the transition to Russian components.