During 2015 the used car market fell by 20%
OREANDA-NEWS. At the end of 2015 the market of used cars was 4.897 million units, according to the analytic agency "AUTOSTAT". This is less by 19.7% than in the same period in 2014.
Almost at the level of the market (-20.7%) there were decreased car sales of LADA- up to 1.5 million units. Among the foreign cars Toyota is a traditional leader, although sales of it almost 3 times less (535 thousand units), and drop is a bit more (-27.5%).
"As during the previous crisis, the market of used cars is more stable than the market of new cars because of the large parc. The number of transactions on the market is more, including due to the fact that potential buyers are choosing the used car instead of a new car, - says Sergey Udalov, the executive director of the analytic agency "AUTOSTAT". – “It may be noted that the foreign cars, the production of which a few years ago was launched in Russia in large volumes, is now entering the market of cars with mileage. Therefore, some models retain or even increase sales in a falling market (for example, Hyundai Solaris, KIA Rio). And this trend will continue - foreign cars will increase the share and sales of old domestic models will be reduced".
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