The market of used cars grew by 5% in July

According to the analytical agency AUTOSTAT, the Russian used car market volume reached 492.4 thousand units in July 2019, which is 5.4% higher than the previous year.

The domestic brand LADA has almost a quarter of the Russian used car market. In July, the repeat sales volume of VAZ cars reached 122.4 thousand units, which is 3.2% higher than in July’18. Japanese Toyota and Nissan are traditionally in the brand rating, the secondary market volume of which reached 54.7 and 27.6 thousand cars, respectively, for the previous month. At the same time, both brands show positive dynamics (+ 4.2% and + 6.2%, respectively). Two Korean brands finishes the top 5 - Hyundai (26 thousand units; + 10.2%) and KIA (24.5 thousand units; + 16.4%).

Experts of the analytical agency AUTOSTAT note that by the results of 7 months of 2019, the used cars market is still in a small minus (-0.4%). In January - July, its size reached almost 3 million units.