Used car market decreased twice in April

According to the analytical agency AUTOSTAT, the market size of used cars in Russia was 251.8 thousand units in April of this year, which is lower by 48% than the result for the same period of the previous year.

The leader among brands is traditionally the Russian LADA, which has about a quarter of the whole secondary market. The volume of resales of VAZ cars in April of 2020 fell by 51% to 60.5 thousand units. The second and third places in the ranking belonged to Japanese brands - Toyota and Nissan, the cars of which were resold in the amount of 32.5 thousand and 14.9 thousand units, respectively. But if the first one mentioned had a 38% decrease in the secondary market, then the second one had a 45% decrease. The top-five of brands-leaders by the end of March included Korean Hyundai (12.6 thousand units) and KIA (12 thousand units), the resale of which fell more than the "Japanese" had (-50% and -47% respectively).

According to the experts of the analytical agency AUTOSTAT, according to the results of four months of 2020, the market volume reached about 1.5 million used cars. This is lower by 10% than in January - April of 2019.