In Russia, the market of used cars is 3.5 times larger than the market of new cars

According to the analytical agency AUTOSTAT, the market share of new passenger cars in Russia for 8 months of 2019 reached 22.3%. In the secondary market, this figure is 77.7%, respectively. In other words, it is 3.5 times more used cars in our country than new ones.

However, depending on the subject of the Russian Federation, this indicator may differ markedly. For example, in the most regions of the Far East, due to the proximity to Japan, the share of sales of used cars exceeds 95%. It is the highest in the Jewish autonomous region (98%), where the secondary market is almost 50 times larger than the primary.

The smallest difference between the primary and secondary car market is observed in Moscow - here the share of sales of new cars is 45.5% - only 9 pp lower than the market share of used cars. We also note St. Petersburg, Tatarstan and the Samara region, where we can see two used cars per one new sold car.