The ratio of purchases of used and new cars reached 5:1 in May

Experts of the analytical agency AUTOSTAT have already reported that in May of 2020, Russians bought 62 thousand new and 305 thousand used cars. Thus, the ratio between them was almost 5: 1 in favor of used cars. According to agency experts, this is the highest figure in the whole history of the Russian car market.

So, in 2007 - 2008, the ratio between purchases of used and new cars was less than 2:1. Since 2009, it began to grow, and in 2016 it reached 4: 1. In the last few years, it has been holding at around 3.5: 1. If we consider the statistics of the spring months, when the market began to fever, then in March this ratio fell to 2.7: 1.

Recall that the purchases of new cars increased sharply (+ 23% versus March 2019), and the secondary market remained at the same level as a year ago (+ 0.1%). But already in April - against the backdrop of the coronavirus pandemic and restrictions on the work of car dealers - the situation changed dramatically when the inhabitants of our country bought used cars 4.6 times more than new ones. In May, this ratio became fivefold. The reason is that in both months the secondary market fell less significantly than the primary. So, in April, purchases of used cars fell by 48%, and new ones by 64%. In May, these figures were -29% and -48%, respectively.