Used car market grew by 2% in 2020

For the whole 2020, the Russians, according to the agency "AUTOSTAT", bought 5.5 million used cars. This is higher by 1.7% than a year ago. Thus, after a slight drop in 2019 (-0.4%), the secondary market showed the positive dynamics. According to the agency's experts, the market growth for the year was mainly due to the December result. So, in the previous month of 2020, the residents of our country became the owners of almost 537 thousand used cars, which is higher by 16.6% than in December of 2019.

As for consumer preferences in the secondary market, used LADA cars enjoyed the greatest success in the previous year, accounting for about a quarter (23.4%) of the total volume. This is 1 million 283.5 thousand units – lower by 4.7% than in 2019. Toyota is still the most popular among used cars with about 620 thousand sold passenger cars (+ 3.7%). In addition, the Russians bought 315.5 thousand used Nissan, 305 thousand - Hyundai, 299 thousand - KIA, as well as cars of other brands in the previous year.